Medicare: A History of Challenges Medicare is the national health insurance program for Americans, aged 65 and older, and younger Americans with certain disability status. The program currently covers approximately 50% of enrollees’ healthcare costs. Medicare receives funding through payroll taxes, premiums/ surtaxes from beneficiaries, as well as from general … [Read more...] about Medicare: A History of Challenges
U.S. Chamber of Commerce’s Bruce Josten on the urgent need for Entitlement Reform
U.S. Chamber of Commerce's Bruce Josten speaks on the urgent need for Entitlement Reform in front of the Chamber's board members on June 19th, 2013. The briefing discusses the overwhelming need to change the way governmental entitlement programs currently operate. Without change, Josten asserts that seniors will not be able to receive the benefits they have earned. … [Read more...] about U.S. Chamber of Commerce’s Bruce Josten on the urgent need for Entitlement Reform
Social Security Vulnerability – How Serious are the Issues?
The facts and figures associated with Social Security funding are stark – Social Security is running out of money. Lack of proper funding for aging demographics has created a capital imbalance which must be addressed. Today’s 56 million recipients currently receive $3 in benefits for every dollar they paid into the system. By 2034, it is expected that payments will be reduced … [Read more...] about Social Security Vulnerability – How Serious are the Issues?