Countable Income

Under Medicaid, "except for those over age sixty-five, the federal government would only provide benefits to persons not in state hospitals, to shift financial burden to the federal government, states had to send the patients back into the community." (Davoli, 2003).

On August 14, 1935 in Austin, Texas, President Franklin D. Roosevelt inked his signature on the Social Security Act. It was originally implemented to resolve problems with unemployment, old age insurance, and public health and welfare. The Great Depression was the catalyst for the creation of the Social Security program, and the basic structure was very similar to Germany’s social insurance programs from the 1880s. Today, social security is mostly used for retired senior citizens starting at the age of 62. At 62, American citizens can begin to collect, but will only receive 35% of their monthly benefit due, rather than the maximum amount of 50% when they reach the full retirement age of 66. (cite) In addition, social security is dispersed to about 14 million disabled people under the age of 62, who can no longer work in the labor force for various reasons. The people who qualify as disabled are just a small percentage of those collecting compared to senior citizens, and are often not mentioned when social security issues are brought up because of their minute effects on social security distribution.

Under the provisions of the Act law of 1935.Which President Roosevelt appoints three-members to run the Social Security Board. Over several years Social Security would be modified on retirement, disability and other aid programs. The government would take on the responsibility of taxing the income of all working Americans and returning the money through numerous public benefits and programs. Social Security benefits refer to all those measures established by the government through legislation that help an individual or household to maintain an income of a certain level, insure income if one 's employment is lost, provide other assistance for disability, old age,

The Social Security Act of 1965 established Medicare and Medicaid which are health insurance programs for the poor and elderly people of the United States. It is funded by a tax on the earnings of employees and contributions by the employers. “It is now broadly apparent that those who opposed Social Security in 1935 and Medicare in 1965 were wrong in their fears…” (Nicholas Kristof  “The Wrong Side of History”).

Lastly, the Social Security Act was one of many reform efforts that sprung from the New Deal. This act was an attempt to provide general welfare for women and their children, those with disabilities such as blindness, older individuals, and public health, and helped financially support them while they were looking for work elsewhere. It was most common with elderly individuals, as they received what is known as “old-age pensions.” This was one of the few reforms that has stayed with us since the New Deal, and was economically successful in bringing America out of the Great

The purpose of this paper is to give an overview of two federally and/or state funded programs. The programs that will be discussed are Medicare and Medicaid. In this paper will be information about who receives Medicaid/Medicare, the services offered by these programs, and those long term services that are not.

Social security was created in response to the Great Depression. The purpose of it is to protect aged and disabled persons from illness expenses, to give children a chance to grow up healthy and secure, keep families together, and to augment the material needs of individuals and families. The Social Security Act was first passed in 1935 and later amended in 1956 to provide disability benefits. Some programs included under the Social Security Act are: retirement insurance, survivor’s insurance, disability insurance, and some public assistance and welfare services. The Social Security program is meant to provide benefits,social security numbers, and generate its own finances.

A landmark change in providing for the elderly came in 1935 with Franklin D. Roosevelt 's Social Security Act. While this provided aid to people with disabilities and mothers with children, aid was also mainly intended for the elderly. The premise of the act was that an individual would pay into the government through the years that they worked and upon retiring that person would receive benefits. Elderly Americans relied on this system to help pay for expenses that they might incur after they reached an age where they could no

Certain assets of the beneficiary are exempted from determining eligibility under for SSI and Medi-Cal purposes (generally the same items). (42 U.S.C.A. § 1382b and 42 U.S.C.A. § 1396p(h) and Cal. Code Regs. tit. 22, § 50418.) Exempted assets are listed in the statute and generally include those assets listed under “Permissible Distributions” in the section below, Allowed Distributions. Those resource limits are $2,000 for an individual or $3,000 for a couple. (20 C.F.R. § 416.1205, Cal. Code Regs. tit. 22, § 50419 and Cal. Code Regs. tit. 22, § 50420.) Also, for eligibility purposes, the income and resources of a minor child are deemed to include the income and resources of the parents. (20 C.F.R. § 416.1202(b).)

93-86, Aug. 10, 1973) required States to expand the program to every political jurisdiction before July 1, 1974; expanded the program to drug addicts and alcoholics in treatment and rehabilitation centers; established semi-annual allotment adjustments, SSI cash-out, and bi-monthly issuance; introduced statutory complexity in the income definition (by including in-kind payments and providing an accompanying exception); and required the Department to establish temporary eligibility standards for disasters. This legislation also added a new category of eligible purchases with SNAP benefits - seeds and plants which produce food for human

Single Medicaid applicants must have no more than $2,000 in countable assets. For a married couple, with one spouse in the nursing home and the other is at home, the asset rules are significantly different. The married couple’s countable assets will include the community spouse’s assets, the institutionalized spouse’s assets and any joint or shared assets. The institutionalized spouse can qualify for Medicaid if the couple’s combined countable assets do not exceed the Spousal Impoverishment Standard. This Standard varies by state.

The solution to this daunting problem was to tax businesses. Payments to current retirees are financed by a payroll on current workers wages’ half directly as a payroll tax and half paid by the employer” (SCHC). “Congress” implemented strategically taking money from financial stable workers and their weather employer to give money to the elderly and physically impaired without hurting the financial stability of those taxed individuals. The government saw an opening for improvement with in their national support and took it for the betterment of the nation. The act also protects the and gives states money to support “unemployment insurance, aid to families with dependent children, maternal and child welfare, public health insurance, and blind services” (SCHC). The act expands on just the elderly receiving government assistance but all groups who can not provide for them selves due to uncontrollable circumstances that where originally caused by the governments neglect and the start of the great depression.

     Several federal agencies today support and administer the various Social Security programs. The programs associated with Social Security include Old-Age, Survivors, and Disability Insurance (OASDI), Medicare, Unemployment Compensation, and Supplemental Security Income (SSI). For people who have worked for a living, OASDI and Medicare provide support during their older years and when they have stopped working. Unemployment Compensation provides temporary financial help during periods between jobs. SSI provides income to people who cannot work for various reasons. The OASDI

Many of the federal and state programs that provide income security to U.S. families have their roots in the Social Security Act (the Act) of 1935. This Act provided for unemployment insurance, old-age insurance, and means-tested welfare programs. The Great Depression was clearly a catalyst for the Social Security Act of 1935, and some of its provisions—notably the means-tested programs—were intended to offer immediate relief to families. However, the old-age insurance program—the precursor to today's Old-Age, Survivors, and Disability Insurance, or Social Security, program—was not designed specifically to deal with the economic crisis of that era. Indeed, monthly benefit payments, under the original Act, were not scheduled to begin until 1942.

The Social Security System is in need of a new reform; our current system was not designed for the age stratification we have at this time. The U.S. Social Security Administration Office of Policy states, “The original Social Security Act, signed into law on August 14, 1935, grew out of the work of the Committee on Economic Security, a cabinet-level group appointed by President Franklin D. Roosevelt just one year earlier. The Act created several programs that, even today, form the basis for the government's role in providing income security, specifically, the old-age insurance, unemployment insurance, and Aid to Families with Dependent Children (AFDC) programs.” Social Security was modeled to aid the elderly citizens, however during the