Reference no: EM133246282

Assignment - Public Health Question

Part 1 - Social Security and Retirement:

1. MATCH correct definitions of important policies (e.g. COLA, FICA, eligible dependents, full-retirement age or FRA, minimum work-history).

2. Match important differences in the definitions of poverty measures (FPL, SPM, and Elder Index)

3. Identify how "earned income" and "social security" change over time (as sources of income)

4. Match eligibility criteria with different Social Security programs (SSA, SSD, and SSI).

5. Identify how much filing "early" or "later" can affect monthly social security benefits?

6. Identify accurate statements on why older women can suffer financially, more than men, in current SSA benefits system (i.e.as filing ages and benefits are determined).

7. Identify how much the dependency ratio has changedsince 1945 (impact on SSA finances).

Short-Answer -

Describe at least two reasons for why Baby Boomers are not "retiring" in the way we expect and what role Social Security benefits might play: see AE (5.2)

Describe two strategies to maintain Social Security and prevent it from running out of funds in the future: see Peterson (2012) and AE (8.2).

Part 2 - Medicare and Long-Term Care

1. Identify the percent of the federal budget for Medicare and Medicaid (2018).

2. Identify increase in Medicare spending as a share of federal budget (1970 to 2040).

3. MATCH important elements and definitions for parts of Medicare (A,B,C,D).

4. Identify the 2-3 largest expenses by "type of service"(2012 and 2023).

5. Identify differences in average Medicare "per capita" (per person) spending (2015).

6. Identify accurate increases in individual medical spending with age: ages 45 to 85+ (2014).

7. Identify basic differences in monthly/yearly costs for long-term care settings (2000 and 2014).

Short-Answer - Describe and explain 2-3 past and current efforts to control Medicare spending and manage program finances: see Oberlander (2015) and Barry (2012) "Retooling Medicare."