This working paper examines how economic insecurity has evolved over time, the degree to which past policy efforts have mitigated economic insecurity, and touches on the components of an encompassing solution. The ultimate goal of this work is to help policymakers design an assured income policy portfolio that solidifies a
Over the past two months, it has become clear that, like many other crises to hit the United States in recent decades – Hurricanes Katrina, Harvey, and Maria and the floods and droughts that have wiped out farms across the Midwest and California – the COVID-19 pandemic is disproportionately hurting those with the fewest resources to cope. The second Virtual Roundtable in the Academy’s Responding to COVID-19 series highlighted these realities.
Interdisciplinary Study Panel on Economic Security launches at the National Academy of Social Insurance
The National Academy of Social Insurance has launched a new Study Panel on Economic Security, with thirty experts (see list below) from a variety of disciplines and backgrounds, to produce a comprehensive report on income supports and related policies within our nation’s range of economic security programs. The nation’s social insurance infrastructure effectively serves millions of Americans, but rising inequality and demographic changes are among a number of factors exposing gaps in programs initially established during the Great Depression.
In describing the “Need for Security”, the 1935 Committee on Economic Security wrote that “the one almost all-embracing measure of security is an assured income. A program of economic security, as we vision it, must have as its primary aim the assurance of an adequate income to each human being in childhood, youth, middle age, or old age—in sickness or in health.” Although almost eighty-five years have passed since the Committee’s report, its “primary aim” remains unfulfilled.
Washington, DC – The National Academy of Social Insurance is seeking innovative ideas to address the income adequacy needs of older workers who must claim Social Security retirement benefits early, due to ill health, an inability to continue to perform physically demanding jobs, or other factors. The Academy, in collaboration with AARP, has launched a Social Security Policy Innovations Challenge open to applicants across the country and from a variety of disciplines. (.)
What: A daylong policy convening that unveils bold new ideas on Social Security policy. The event will feature a diverse range of policy experts presenting their innovative ideas, many of which have never been discussed in a public forum.
When: Thursday, October 19, 2017, 10:00 am - 3:00 pm
Where: Ronald Reagan Building, Horizon Ballroom, 1300 Pennsylvania Avenue NW, Washington, DC
- Retirement security in an era of increasing and disparate longevity
- Improving benefits for life-time earners
- Providing retirement security to caregivers and to workers in a changing workforce
- Ensuring adequate revenue for social security
Presented made by William J. Arnone at the summer 2017 meetings of the National Association of Insurance Commissioners in Philadelphia, PA, August 8, 2017.
This infographic addresses how cuts to federal Medicaid funding under a shift from current law (as of June 2017) to a federal cap could affect Americans. It is based on the brief Medicaid and Federal Funding Caps: Implications for Access to Health Care and Long-Term Services and Supports among Vulnerable Americans, which analyzes in depth the policy of capping federal Medicaid spending through per capita caps and the implications of such a policy for states’ ability to provide health care and long-term services and supports to vulnerable Americans.
Medicaid Reform Could Shift Risk onto States and the Most Vulnerable Americans and Harm Population Health, According to New Analysis
WASHINGTON, DC – Medicaid insures roughly 69 million people in the United States and finances nearly half of all births. It is the leading funder of long-term services and supports for seniors and people with disabilities and is at the front lines of efforts to combat the opioid epidemic. However, legislation currently under consideration by Congress would fundamentally alter the structure of Medicaid and create a permanent and growing chasm between actual health care costs and federal contributions to Medicaid. This could have implications for access to health care and long-term services and supports among many of the most vulnerable Americans, according to a set of briefs released today by the National Academy of Social Insurance.
In an environment of uncertainty surrounding the future of Medicaid policy and funding, addressing the social determinants of health to improve the health status of Medicaid beneficiaries could be dismissed as an unaffordable luxury. But there is a strong business case for state Medicaid programs to address the social determinants of health as a key strategy for providing cost-effective, efficient care. By partnering with state and local agencies to address the social determinants of health, state Medicaid leaders may enhance their ability to control costs and strengthen the program’s financial sustainability over the long term.