Social Security and Medicare Seeing Through Loopholes

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People receiving Social Security and Medicare need to prepare for drastic changes. Social Security and Medicare in unity has been around since 1965. President Lyndon B. Johnson decided to help the elderly pay for expensive medical necessities from doctor visits to medicine. President Johnson knew that elderly individuals would have less income and pay more for medical necessities than younger individuals. He made Social Security and Medicare a number one priority during his presidency, unaware years down the line funding would become scarce and so many doctors and pharmaceutical companies would try to squeeze the life out of it.
Through the years doctors’ and pharmaceutical companies have become greedy. Doctors diagnose patients, prescribe medications, and send them to pharmaceutical companies that charge high prices for medications that help maintain their well-being. Although over half of our elderly individuals with Social Security and Medicare benefits are already struggling to accommodate their daily living. Therefore a reform of both Social Security and Medicare needs to take place before it is too late. Social Security and Medicare funding is actually not one of the uttermost important problems that America will face in the coming decade.
America is fortunate to have benefits available for retirees, the disabled, survivors, and dependents. The Obamacare administration is currently performing necessary changes to the Social Security and Medicare program to prevent further damage and demise for upcoming seniors. It is a prediction that between the years of 2021-2033 the funds will depleted for these programs. The Office of Chief Actuary of Social Security uncertain if changes will be made performs a guess estimate saying,...

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Ornstein, Charles. “Even After Doctors Are Sanctioned or Arrested Medicare Keeps Paying.” Propublica.org (par 1)
Ornstein, Charles. “Even After Doctors Are Sanctioned or Arrested Medicare Keeps Paying.” Propublica.org (par 3)
Schoofs, Mark, and Maurice Tamman. "Confidentiality Cloaks Medicare Abuse." Wall Street Journal. 22 Dec. 2010: A.1. SIRS Issues Researcher. Web. 25 Apr. 2014.
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United States. Social Security Administration. Office of Policy. “The Changing Impact of Social Security on Retirement and Income in the United States.” Social Security Bulletin Vol. 65 No3, (2003/2004). Web. 23 April 2014

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