Social Security Disability Insurance faces a major crisis: funds are depleting and cuts have to be made.
The growth of SSDI was not an over night thing. It’s been increasing for decades now. Only now is when anyone has been taking notice. But is it too late?
Unemployment issues have also seen an increase in applications. Slow economic recovery, an aging work force, and Medicare reliability has also strained the situation. Currently, statistics show that disabled workers have received over $80 billion in Medicare payments in 2012 alone. Imagine what the figures will look like by 2023.
Kenneth G. Marks has been practicing personal injury law since he was admitted to the California Bar in 1981. www.KmarksLaw.com