I want to stress the need to shop around when looking for healthcare insurance on the exchanges by citing one example of how it can make a difference. As mentioned earlier here and on Charles Gaba’s ACA Signups blog, Shopping Around does make a difference. If you did not do so, you could be suckered […]
I have been working off and on, well mostly off because of ‘life’ and ‘laziness’, since 2010 on a project I modestly called the Social Security Defender. It is all built around a Google account and so has a Google+ page, a blog, an e-mail address and a Google Drive. Today I am going live […]
Quite a few blogging PPACA naysayers are out there advertising the 25 to 50% increases in premiums for healthcare plans under the PPACA. Charles Gaba@ACA Signups blog points out it is just an opportunity to “shop around” and the premium increases may not be big anyway in dollars and cents. “Looking past the scary headlines” […]
Who is Jeremy Corbyn? Well it turns out that the British Labour Party is two weeks out from a leadership election after their shellacking in the last election. And the contest very much mirrors that of Sanders vs Clinton, with Corbyn representing Old Labour (Democratic Socialism) and the other candidates represent New Labour (Blairite Neo-Liberalism). […]
Update: some guy named Krugman suggests that I am not totally off base here. The Disappearing Entitlements Crisis I hear he has an audience. Update two: Social; Security Defender Archive docs and spreadsheets Update(From main Angry Bear page you may need to click ‘Read More’ to see Charts) http://www.socialsecurity.gov/history/pdf/tr09summary.pdf http://www.ssa.gov/OACT/TRSUM/ http://www.ssa.gov/OACT/TRSUM/ 2009: Medicare Unsustainable. From […]
Table IV.B5.—Components of Summarized Income Rates and Cost Rates,Calendar Years 2015-89[As a percentage of taxable payroll]Lots of numbers here but the only ones want to focus on are those in the last column, those which show actuarial balances for each of the OAS and DI Trust Funds for for the next 25, 50 and 75 […]
Hmmm. I think I’ll just let people have fun figuring out what this all means. Hover over the image or double click and you should get legible version. Hint the meanings of ‘past’ ‘current’ and so ‘future participants’ might not mean exactly what they seem at first encounter. You can scroll to the text from […]
Well one answer it line I in the above figure from the 2015 Social Security Report. Figure II.D7.—Long-Range OASI and DI Combined Trust Fund Ratios Under Alternative Scenarios [Asset reserves as a percentage of annual cost] Under the definitions used by the Social Security Actuary and Trustees the program is ‘Solvent’ over the short term […]
At 1:30 EDT the Trustees of Social Security will hold a media availability at which they will release the 2015 Social Security and Medicare Reports. If past practice holds the Reports will be released on line at or before that time in both a web (HTML) format and in PDF. Assuming past file name conventions […]
Very interesting paper that I missed in real time. Social Security: What Would Happen If the Trust Funds Ran Out? Almost everyone who addresses this question assumes that the answer is pretty simple: if either of the Social Security Trust Funds goes to zero than benefits will automatically drop from ‘Scheduled’ to ‘Payable’ which translates […]