Social Security
The largest area of federal spending today is for social security. This is followed by Medicare, and Medicaid. Next in line is defense spending.
The largest recipients of Medicare are people over 65 years old. The largest recipients of Medicaid in terms of dollars spent are indigent nursing home residents and disabled persons. The largest recipients of Medicaid in terms of population are persons under age 18.
An "entitlement program" is generally one for which an individual qualifies simply by virtue of his or her circumstances. For example, the Social Security law has several components, some of which are "entitlements" and some are not. The largest program, SS Retirement is NOT an entitlement as an individual qualifies for it only by virtue of having paid into the program at least forty quarters; Supplemental Security Income and Social Security Disabilities ARE entitlements because an individual is entitled to SSI simply by having a very low income and to SSD after being disabled for at least six months. Similarly, the largest portion of Medicare--health insurance of seniors--is NOT an "entitlement" as one qualifies by paying into the system and paying premiums. Medicaid and Temporary Assistance to Needy Families, on the other hand, ARE entitlements as qualification depends on a set of circumstances in which an individual may find himself. Unemployment Compensation is an insurance program paid by employers (and employees, who can elect to supplement UC)and is NOT an entitlement
The largest portions of the federal budget are used for entitlement programs, such as Social Security (retirement and disability payments), Medicare, then followed by outlays for the Dept. of Defense, and then for interest payments on the national debt.
In 2009, more money (23%) was spent on defense than any other outlay. However, outlays for social security and for Medicare/Medicaid were close behind. In all likelihood, the trend will reverse in 2011 with social security being the largest outlay.
Medicare, Medicaid and private payers are the largest source of revenue for hospitals.
Social Security
The plan provides low-cost medical coverage to Medicaid and Medicare Advantage recipients and is one of the largest providers of Medicaid coverage to states in the U.S. The Medicare Advantage plans combine the benefits of Original Medicare with additional features while allowing recipients to use their Medicaid ...
An "entitlement program" is generally one for which an individual qualifies simply by virtue of his or her circumstances. For example, the Social Security law has several components, some of which are "entitlements" and some are not. The largest program, SS Retirement is NOT an entitlement as an individual qualifies for it only by virtue of having paid into the program at least forty quarters; Supplemental Security Income and Social Security Disabilities ARE entitlements because an individual is entitled to SSI simply by having a very low income and to SSD after being disabled for at least six months. Similarly, the largest portion of Medicare--health insurance of seniors--is NOT an "entitlement" as one qualifies by paying into the system and paying premiums. Medicaid and Temporary Assistance to Needy Families, on the other hand, ARE entitlements as qualification depends on a set of circumstances in which an individual may find himself. Unemployment Compensation is an insurance program paid by employers (and employees, who can elect to supplement UC) and is NOT an entitlement.Read more: What_is_an_entitlement
Social Security and Medicare
income security, social security and medicare, national defense, net interest.
Answer: U.S. Corporation. 99.9% of U.S. Corporations feel that they are entitled to over charge the government for products?