Tag: government accountability office

Disability insurance payments paid by SSA to ineligible recipients

G. Turner
Disability Insurance News

These individuals have received $1.3 billion which they were not entitled to obtain and the SSA hopes to recoup some. Estimates released from the Government Accountability Office (GAO) has shown that the Social Security Administration (SSA) has issued approximately $1.3 billion in disability insurance payments to individuals who were not eligible to receive them. This figure was calculated based on an analysis of SSA data for beneficiaries from December 2010 to January 2013. The analysis was conducted on the SSA data regarding the individuals who were recipients of disability insurance…

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Health insurance exchanges may miss important deadline

Logan B.
Health insurance deadline

Health insurance exchanges are falling behind schedule in the US Throughout the U.S., health insurance exchanges are scheduled to begin open enrollment on October 1 of this year. Each state will have its own health insurance exchange in place, but many of these exchanges are likely to be managed by the federal government. The exchanges have received praise mixed with criticism since the passage of the Affordable Care Act in 2010. The federal health care law makes these exchanges mandatory in each state and has placed a deadline on when…

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Medicaid report shows little difference from the private sector

News on Medicaid health insurance

Medicaid offers nearly identical level of coverage As health insurance in the U.S. continues to be a controversial issue, the Government Accountability Office, the investigative arm of Congress, has released a new report concerning the much-debated Medicaid program. Under the Affordable Care Act, which was passed in 2010, states are required to expand the accessibility of their Medicaid programs. These states are meant to receive some degree of aid from the federal government, but many have opposed the notion of expanding their programs due to the high costs that would…

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Report suggests the end of the Medicare Advantage program

S.Vagus
Medicare Advantage

Government Accountability Office considers Medicare Advantage unsustainable A new report from the Government Accountability Office (GAO), an investigative arm of the U.S. Congress, is calling for the end of the country’s Medicare Advantage initiative. The Advantage program provides expanded health care benefits to those participating. The report calls into question whether the program is financially sustainable for the country and suggests that current and future administrations should focus more on improving the benefits that are associated with the Affordable Care Act. Advantage program draining country resources The report notes that…

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An undecided Senate panel hears plans regarding the National Flood Insurance Program

S.Vagus

The National Flood Insurance Program, which provides flood insurance to the majority of homes in flood prone and coastal areas throughout the country, will lapse at the end of September. Legislators are feeling the pressure of a hurricane season that is bringing a sleuth of storms from the Atlantic Ocean as well as insurance companies to make changes to the existing program so that it will continue. The other day, a Senate Banking subcommittee heard recommendations from representatives of the Government Accountability Office. The panel heard proposed improvements to the…

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