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Medical insurance payments to the providers of the services for your medical bill charges would not reduce the amount that medicare will approve for the payment amount charges that they will pay for the services that you have received.
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What another name for social security?
FICA, the abbreviation for Federal Insurance Contribution Act, also known as Social Security. Social Security is also known as Old-Age and Survivors Insurance (OASI), although retirement and survivors' benefits are only a portion of the SSA's obligations.
Do social security still cover health insurance for adults?
Social Security is not a health insurance program. Medicare covers medical care for persons over age 65 and certain persons who are totally and permanently disabled as defined by Social Security regulations.
What is another name for the Social Security system?
FICA, the abbreviation for Federal Insurance Contribution Act, also known as Social Security. Social Security is also known as Old-Age and Survivors Insurance (OASI), although retirement and survivors' benefits are only a portion of the SSA's obligations.
Can you receive disability from your job and disability from social security at the same time?
Yes, it is very common for disability insurance plans to include a clause for social security disability, meaning the insurance company will pay a portion of the monthly benefit, expecting that you would apply for social security benefits to pay for the "Supplemental Social Security benefits". In the event you get declined by Social Security, then the insurance company would cover the additional supplemental benefits. Employer group plans as well as individual disability insurance plans can include that clause.
Can you get social security benefits for your son who needs ongoing medicals supplies?
Yes, you can get social security. But, still you have to talk with the insurance experts for the ongoing supply of the medical equipments.
If your husband dies at 72 and you are 68 what portion of his social security will you receive?
You will receive all of his social security.
Is Medicare taken out of your social security?
For most persons, Medicare Part A (Hospital Insurance Benefits, or HIB) is free. Medicare Part B (Supplemental Medical Insurance Benefits, or SMIB) premiums are typically deducted from one's Social Security benefits.
What is the purpose of social security taxes?
Thats where the money comes from to pay you social security.
Did social security provide insurance programs for the unemployed?
NO. The unemployment compensation program is NOT a part of the social security and medicare insurance program.
Is medicare part B taken out of social security?
For most persons, Medicare Part A (Hospital Insurance Benefits, or HIB) is free. Medicare Part B (Supplemental Medical Insurance Benefits, or SMIB) premiums are typically deducted from ones Social Security payments.
What is Medicare tax used for?
The Medicare tax that is deducted from your paycheck pays for your Medicare Part A insurance, so that you'll be able to use it when you turn 65. Medicare Part A is the hospitaliztion portion of Medicare. Once you turn 65, you'll pay for Medicare Part B that will be automatically deducted from your Social Security check. For 2009, that amount is $96.40/month if you make less than $85000.00 per year. Medicare Part B is the medical/doctor's office portion of your Medicare.
Is social security considered income for v.a pension?
Social Security Retirement & Social Security Disability Insurance (SSDI) are. Supplemental Security Income (SSI) are not.
