Share/Bookmark Syndicate content

Poverty and Income Assistance

Wednesday, March 20, 2013

Experts Present Options for Redesigning and Financing America’s Long-Term Care System

by National Academy of Social Insurance

Social Insurance is a Critical Base for Achieving Universality and Efficiency

Hundreds of long-term care (LTC) experts gathered in Washington, D.C. today at The SCAN Foundation briefing to discuss private and public options for delivering and financing long-term care to the 12 million Americans who currently need it and the 27 million people expected to need it by 2050.

The discussion comes at a critical time. Congress recently approved the formation of a bipartisan commission on long-term care, tasked with making recommendations on meeting the nation’s needs for affordable long-term care services and support. Direct spending in the United States for long-term care services was $211 billion in 2011, with Medicaid picking up more than 62 percent of the tab. 

Read More…
Wednesday, September 12, 2012

Quick Facts from Newest Census Poverty Data

Jasmine V. Tucker, National Academy of Social Insurance

Today marks the release of new data from the Census Bureau on Income, Poverty, and Health Insurance Coverage in the United States: 2011. Some key points from the report are:

Read More…
Friday, July 6, 2012

Three Years of Sluggish Recovery Means UI Benefits are Still Critical for Millions of Unemployed Workers

Jasmine V. Tucker, National Academy of Social Insurance

Three years into a very modest recovery, unemployed workers continue to experience hardship and are facing cuts to emergency unemployment insurance benefits.

June 2009 marked both the official end of the Great Recession and the beginning of the current recovery, which has been plagued by high unemployment rates, historic long-term unemployment, and sluggish job growth. The national unemployment rate in June 2012 was 8.2%, 3.2 percentage points higher than at the start of the recession in December 2007, and the employment situation in most states is still bleak. If we consider a broader unemployment measure that includes workers who have given up searching for work and those who are underemployed (employed but not working as many hours as they would like), the unemployment rate is much higher -- 14.6%.

Read More…
Thursday, May 3, 2012

Social Security: It’s for young people, too

Elisa Walker, National Academy of Social Insurance

I’m a young American; I value Social Security; and this week in particular, I’m feeling reassured that Social Security is on solid footing and will be there for me when I need it. In fact, I see it as a great investment. 

To some, these statements might seem unrealistic, especially given all the negative media coverage that followed the release of the 2012 Social Security Trustees Report last week. But despite the doomsday responses, the reality is actually reassuring – especially for today’s young people, who are used to hearing misleading accounts to the contrary.

Read More…
Friday, April 27, 2012

World’s best investment? Delaying Social Security

Thomas N. Bethell, Visiting Scholar, National Academy of Social Insurance

That headline – atop a recent Wall Street Journal column by Jack Hough, associate editor of SmartMoney.com – pretty much says it all.

Hough writes: “For an investment return that tops those offered by hedge funds, insurance firms or Wall Street banks, baby boomers should look to Social Security… All you need is a way to make ends meet while delaying the start of Social Security benefits from age 62 to as old as 70.”

Read More…
Posted on April 27, 2012  |  8 comments  |  Add your comment
Keywords: