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Overpayments in the Social Security Administrationsäó»s Disability Programs: A 10-Year Study
Our Price:
$
25.00
By
Patrick P. Oäó»Carroll, Jr. (fr)
Binding
Paperback
ISBN
978-1-4578-6914-3
Product Code:
1457869144
Description
This audit report studied 1,532 beneficiaries who received disability benefits in Oct. 2003 to determine the amount of overpayments in the Social Security Admin.äó»s (SSAäó»s) disability programs between Oct. 2003 and Feb. 2014 (just over a 10-year period). Based on the sample, the report estimated: (1) SSA assessed overpayments totaling about $16.8 billion between Oct. 2003 and Feb. 2014 for approx. 4 million beneficiaries who were in current payment status in Oct. 2003; (2) SSA recovered about $8.1 billion of the $16.8 billion in overpayments it assessed; and (3) SSA prevented about $8 billion in overpayments between Oct. 2003 and Feb. 2014 to approx. 1 million beneficiaries in current pay status in Oct. 2003 by suspending monthly payments. Additionally, the overpayment rate in FY 2014 was 3.1% of all benefits paid that year. Figures and tables. This is a print on demand report.
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