'Unfunded liabilities' a financial myth, expert says
A growing chorus of complaints about the U.S. government’s “unfunded” debts may be unsettling, but no cause to become unnerved, a University of Illinois tax expert says.
A growing chorus of complaints about the U.S. government’s “unfunded” debts may be unsettling, but no cause to become unnerved, a University of Illinois tax expert says.
Economics & Business
Apr 1, 2009
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Medicare's new method for buying medical supplies and equipment -- everything from wheelchairs and hospital beds to insulin shots and oxygen tanks -- is doomed to face severe difficulties, according to a new study by Caltech ...
Economics & Business
Jun 1, 2012
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An influential group of business executives is pushing a plan to increase the full retirement age to 70 for both Social Security and Medicare and to partially privatize the health insurance program for older Americans.
Business
Jan 16, 2013
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The US government retirement program for the elderly will be exhausted starting in 17 years unless policies are changed, the US Treasury said Thursday.
Economics & Business
Jul 13, 2017
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As older workers increasingly contemplate delaying retirement or putting it off entirely, they should also consider the financial-planning options available in Social Security, Medicare and employment-based retirement plans ...
Economics & Business
Oct 22, 2013
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(AP)—A St. Louis-based drug maker is paying $3.5 million to settle a federal lawsuit that it illegally paid doctors to prescribe out-of-date antidepressants and sleep aids to Medicare and Medicaid patients.
Business
Jul 19, 2013
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It's been called "elderquake" and "the silver tsunami." Its statistics are staggering: Over the next three decades, the number of people older than 65 in the United States will double from 40 million to 80 million.
Social Sciences
Oct 25, 2010
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Elderly people living near or downwind of unconventional oil and gas development (UOGD)—which involves extraction methods including directional (non-vertical) drilling and hydraulic fracturing, or fracking—are at higher ...
Environment
Jan 27, 2022
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144
As the national discussion of health care focuses on costs, a new study from North Carolina State University shows that it might be more accurate to think of health care spending as an investment that can spur economic growth. ...
Economics & Business
Dec 14, 2009
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(PhysOrg.com) -- Although U.S. personal income per capita has risen 5.7 percent since 2000, an increase in tax-exempt benefits provided by the government and employers accounted for all of the income growth in the past decade, ...
Economics & Business
Mar 31, 2011
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Medicare is a social insurance program administered by the United States government, providing health insurance coverage to people who are aged 65 and over, or who meet other special criteria. Medicare operates as a single-payer health care system. The Social Security Act of 1965 was passed by Congress in late-spring of 1965 and signed into law on July 30, 1965, by President Lyndon B. Johnson as amendments to Social Security legislation. At the bill-signing ceremony President Johnson enrolled former President Harry S. Truman as the first Medicare beneficiary and presented him with the first Medicare card.
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