Social Insurance - What are the Benefits and draw backs of...

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Social Insurance Public Policy Development in Human Services Gail Jones How Social insurance is used to fund public programs? Social insurance is used to help pay the elderly, disable and people who are not able to work. The elderly are those who may have paid into the system in his or her younger days and him or her or receiving his or her money back that was paid into the system. There are two types of disability there is regular disability and supplement Security Income or SSI. Regular disability is for people, who has worked over a certain amount of time and he or she would qualify for disability which is actually more financial benefit than his or her social security benefit. SSI is mostly for a person, who has not worked a sufficient amount of time so he or she qualifies for SSI.
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Unformatted text preview: What are the Benefits and draw backs of government funding? The benefits of government funding are that it provides the necessary funding needed for various research programs. Government funding provide Medicare for the elderly and Medicaid for children of low income families and pregnant women. The drawbacks of government funding are people abusing the system. There may be a mother for example taking her child to the emergency room because he fell down and skinned his or her knee. The benefits and drawbacks in programs such as unemployment insurance are people collecting unemployment and not actually looking for work. A person receiving workmen compensation only pretending and prolonging his or her health problems to receive more of what he or she consider to be free money....
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Social Insurance - What are the Benefits and draw backs of...

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