Part A; inpatient hospital care, medically necessary nursing home care, FICA/SECA, premiums Show 1. 1939 - Enacted legislation that eliminated lump-sum payroll tax refunds and provided benefits for aged wives and widows, young children of retired and deceased workers, young widows caring for a child beneficiary, and dependent parents of retired and deceased workers. PART A helps pay for inpatient hospital, home health, skilled nursing facility, and hospice care. PART A is financed primarily by the FICA tax
(2.9% tax on earned income, without limit). -Social rights are included in "Basic law", social insurance administered by corporations, subsidiary principle (families have most responsibility to care, then voluntary orgs, then lower governments) Poverty is related to these different factors in key ways. In relation to nativity, native-born citizens, in 2015 on average, the highest percentage of those in poverty were non-citizens, followed by native born citizens, and the lowest poverty rate was among naturalized foreign-born citizens. In relation to work, full-time year round workers had a much lower poverty rate than less than full-time year round workers. In relation to age, in 2015 on average, the highest poverty rate was among minors under 18, the second highest poverty rate was among those 18-64, and the lowest poverty rate was among seniors aged 65 and older. In relation to race, in 2015, Black people were most likely to be in poverty, followed by Hispanics, then Whites, then Asians. In relation to family structure, large families tend to be more likely to be poor. Other sets by this creatorWhich programs are part of the American welfare state?The six major welfare programs are EITC, housing assistance, Medicaid, SNAP, SSI, and TANF. These welfare programs differ from entitlement programs like Medicare and Social Security.
Which of the following is an example of a social insurance program quizlet?An example of a social insurance program would be unemployment insurance. Medicare covers the majority of the cost of healthcare for Americans who have low incomes. An example of expansionary fiscal policy would be to increase taxes.
What benefit was provided for veterans through the GI Bill quizlet?Under GI Bill a veteran was given unemployment payments for those unable to find work, those going to college were given financial aid, and given government loans for building homes and starting businesses. GI bill had enormous impact on American society.
What is the goal of a policy of redistribution?Most redistributive policies are intended to have a sort of “Robin Hood” effect; their goal is to transfer income and wealth from one group to another such that everyone enjoys at least a minimal standard of living.
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