Social Security And Medicare: A Comparative Analysis

?The Legend of Sleepy Hollow? is a short story by Washington Irving. Based on a well-known legend, this story tells the tale of the disappearance of the main character, Ichabod Crane. An effective ghost story, Irving leaves you guessing what the truth is behind the ending. The movie Sleepy Hollow is Hollywood?s portrayal of Irving?s original story. Although the movie is similar to the story in the beginning, the movie takes a twist that leads in another direction that strays far from the original plot.

It has been recognized that ever since its passage into law the Affordable Care Act frequently known as Obamacare has and will continue to attract criticism and scrutiny. This is the America`s major and mainly well-liked social indemnity programs. Despite the fact the Affordable Care Act is a highly multifaceted piece of legislation featuring many regulatory and intergovernmental provisions meant to deal with lack of health insurance coverage affecting a variety of diverse groups, Medicare and social security are much more focused programs providing benefits primarily to the aged. Social security and Medicare were in the beginning implemented more without difficulty and with a little of bipartisan support, because in 1935 and 1965 democrats

The Medicare program is being perceived that it will go bankrupt in about 10 years unless there is major reform. There are six recommendations that should be reformed for the protection of the program for future generations. The program must protect retirees from an economic healthcare disaster. The cost of the program must be shared and this will motivate benefactors to reduce cost by adding accountability to the program. Reducing Medicare expenditures will have a much larger impact than increasing taxes. Calculating the retirement age in correlation to life

Person eligible for Medicare include individuals ages sixty-five and over, those with disabilities, and those with end-stage renal disease (Hammaker, 2011). here are three basic entitlement categories: persons 65 years of age or over who are eligible for retirement under Social Security or the railroad retirement system, persons under 65 years of age who have been entitled for at least 2 years to disability benefits under Social Security or the railroad retirement system, and persons with ESRD who do not otherwise meet the age or disability requirements. The latter two groups together are known as the "under 65" enrollees (Petrie, 1992).

Comparison and Contrast of Medicare and Medicaid On July 30, 1965, President Lyndon B. Johnson signed amendments to the Social Security Act creating two government-run programs: Medicare and Medicaid. Medicare and Medicaid were created in the hopes of insuring individuals that aren’t eligible for private insurance. Additionally, it was established to accommodate personal and medical needs of individuals that cannot afford other insurances. Considering their names are extremely similar, many people assume they are the same programs when in actuality, they are completely different. (Although, there are some similarities between them).

Medicare and Medicaid are both government sponsored programs but differ in who they cover and how they are governed and funded.

Medicare and Medicaid are very different, Medicare is a insurance federal program while Medicaid is an assistant program for low income people of any age. Medicare then serve people over 65 years primarily, under Medicare patients pay the costs through deductibles for hospitals and other cost. Medicare consist in two part; Part A which is the hospital insurance and Part B which is the Medicare insurance, they also have Part A Premium and Part B Premium. The Medicare Part A Premium you pay certain amount of money a month, but if you are 65 and meet certain criteria that they have ,you can get the Premium-free Part A. Medicare Part B after you meet your deductible, you normally pay 20% of the Medicare approve amount for doctors services, including

People are living forever. This is not true in a literal sense but the average life expectancy for people in developed countries has skyrocketed over the last 100 years. There are many great benefits of an increased life expectancy that people are able to enjoy in modern society. However, with increased life expectancy comes a greater toll on some government provided services. Social Security is a retirement plan for senior citizens that started in 1935 and lately has been a controversial topic in United States politics. The United States Social security program should be privatized because of its current financial instability and the increased positive benefits to its recipients.

Notably, the elderly populace is growing rapidly, and will reach 3.4 million or 12.8% of the population. Eventually, in the next thirty years older adults will comprise of 20% of the total population due to the aging of 76 million baby boomers (Olson, 2001). Seeing that, entitlement programs and means-tested benefits, are presented, in order to bolster this increment of older adults. Accordingly, around 96% of the American workforce is secured by Social Security and it is likewise estimated that 58 million American will receive a total of $816 billion in Social Security benefits (Moody and Sasser, 2015). In fact, today 56 million or 17% of the population is enlisted in Medicare (Leonard, 2015). Therefore, this has presented an open deliberation about the eventual fate of Medicare and Social Security and regardless of whether changing Medicare and Social Security to means-tested benefits, instead of entitlement programs can resolve the policy issues.

Medicaid and Medicare are two programs that are very different but share the same instance of being federally run programs. Both Medicaid and Medicare were created in 1965 in response to the fact that older and lower income people could not buy private insurance. Medicaid is dispersed individually by each state in which is primary role is to cover low income people who do not have the financial means to purchase healthcare on their own. On the other hand Medicare is paid into by everyone that works a legal job where taxes are deducted. Medicare was created to address the issues of elderly; typically people 65 years or older; having extremely high healthcare bills but limited personal funding. These people will typically pay part of the cost

The Social Security Act of 1935 was passed in order to provide for elderly citizens who could not provide for themselves. Through this system, working citizens would pay into the system to provide for citizens aged 65 and older, and then when they reached the age of 65 they would be cared for as well. This system continues today, but as the life expectancy of citizens increases, many wonder if the Social Security cut off age should be raised to 70. It should. The fact of the matter is that the average 65 year old does not need their social security check in the way they did in 1935, so the system shouldn’t be wasting its finite resources caring for them.

A bold promise has been made to the senior citizens of our country. The Democrats are promising that they will allow senior citizens income to be taxed if it is below $50,000. They cite rising cost of medications, health care, and energy costs are the reason. They do not want to burden them with taxes. Some of these senior citizens have not paid enough taxes to enjoy benefits of Social Security and Medicare—but they get it anyway. Besides, if the healthcare law that just passed is so great—why give seniors a tax break? Aren’t their medical costs going to go down by result of the healthcare bill’s

People and decisions can greatly affect the outcome of a person's life determining whether the outcome will be successful or disastrous. In Shakespeare’s Macbeth, there are two factors that contributed to Macbeth's ruin. One of them being more to blame: The influential character of Lady Macbeth displaying temptation towards Macbeth, or Macbeth's own ambitious and insecure nature. There are questions whether Macbeth's downfall might have displayed more for his own blame. In closer examination, it will be come apparent that Macbeth is more to blame for his downfall. By first examining the influential acts of Lady Macbeth that made Macbeth commit the murder to kill Duncan, and contrasting these with the ambitious

Sex work is regarded as one of the world’s oldest profession; this is the exchange of sex for money by consenting adults. Most of people are saying that selling sex is degrading; and no one should ever choose to do it; it's dangerous and women can get abused and killed. There is an fact that most people would say "Sex work should be criminalization!" And maybe that sounds equitable to you. However, does it still sound reasonable to you when you working two dead-end, minimum-wage jobs, every month your wages would just replenish your overdraft. Then the decision sex for money should be considered as a better option, right! But don't get it wrong – of course people would have loved to have won the lottery instead; but it wasn't going to happen anytime soon. Hence, by decriminalizing sex work, it brings a significant benefit result in making profitable from the sex industry, decreasing the number of social evil issues and increasing sex workers’ access to justice and promote safe work conditions. It is time to put aside moralistic prejudices, whether based on religion or an idealistic form of feminism, and do what is in the best interests of sex workers and the public as a whole.

The increase in life expectancy is partially to blame for the increase in elderly citizens, as there are now better medicines and medical procedures to cure ailments which could have easily killed a person 10 or 20 years ago. As Levine said, "There are more elderly and a larger proportion of elderly in the population now than ever before in the history of the world, and individuals live longer and have a longer span of healthy, vigorous life than ever before" . We have to prepare, not only to have more aged people in the work force, but also to have adequate pensions and supplements to aid these people when they do retire.