Social Security Disability Insurance is the primary social insurance program that protects workers from loss of income due to disability. Social Security Disability Insurance provides monthly cash benefits to disabled workers under age 65 and to certain dependents. Social Security Disability Insurance is intended for workers who stop working early (before age 65) because of a disability.

History. The 1935 Social Security Act established the federal Social Security system to provide old-age benefits for retired workers. (more…)

Medicare is a social insurance program administered by the United States government. It is set up as a single payer health care system which means that all service providers such as doctors, labs, hospitals, therapists etc, get paid from one central fund. In this case, that fund would be administered by the Social Security Administration under the supervision of the Centers for Medicare and Medicaid Services. Medicare is funded through imposed payroll and income taxes. (more…)