The Adverse Economic Consequences of Busting Social Security s Wage Base Cap cnsnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnsnews.com Daily Mail and Mail on Sunday newspapers.
The Social Security Disability Insurance (SSDI) program is functionally and financially broken. With average wait times approaching 600 days, too many individuals die while awaiting their benefits. As the system denies benefits for some individuals with rather apparent disabilities, almost half of all benefit awards stem from non-medical factors, such as age, education, and work experience. Furthermore, despite the program’s intent to provide benefits only while workers are disabled, the SSDI program fails to conduct sufficient continuing disability reviews (CDRs).
Every year, thousands of claimants are blocked at a crucial last step in the arduous process of applying for disability benefits, thanks to labor market data that was last updated 45 years ago.