Introduction In December 2018, Finland’s Social Insurance Institution, KELA, terminated their two-year Universal Basic Income (UBI) experiment that aimed to “increase employment and simplify the Social Security system” citing insignificant changes in the employment rate of participants. Despite this outcome, prominent U.S. figures–such as Elon Musk and Mark Zuckerberg– and the California Democratic Party still … Continue reading
Category Archives: Social Insurance Programs
ACA Made Easy: Individual Shared Responsibility
Since the Individual Mandate statute of the Affordable Care Act was enacted in January 2014, every American is accountable for an Individual Shared Responsibility* payment every year. Meaning, if you do not have health insurance, you will face penalties. While you may not see an actual summons, or pay a fine, the federal government enforces … Continue reading
How Vermont’s Single Payer Proposal Can Backfire
American health care reform is a three-headed beast. Attempts at reform typically seek to resolve issues regarding access, quality care, and cost control. The ACA, one of the largest overhauls of American healthcare is aimed at improving access—but the problem becomes what good is increasing access to expensive and low quality care? Vermont’s leaders have … Continue reading
Important Implications of the Aging Population in the U.S. Workforce
The recent debates on retirement policy are anything but productive. The main points revolve around the rising debt and health care costs, as well as increasing the retirement age. While these concerns are important, retirement policy in the United States (and in the world) needs another look. More and more people are living to the … Continue reading
Social Insurance Programs: Young American’s “Opinions”
In early February, the National Academy of Social Insurance (NASI) hosted their 25th annual policy research conference on “Medicare and Social Security in a Time of Budget Austerity.” It was a two-day event and I gladly participated in one of their several sessions on a Friday afternoon. The session that I chose to attend was … Continue reading
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