The
nation’s biggest advocacy group for senior citizens says it’s open to
cuts in Social Security benefits to keep the system solvent. But AARP
officials stress that any cuts should be minimal and take place far in
the future to not effect current recipients, and should be offset by
increases in tax revenues. Social Security faces long-term funding
problems because of a coming wave of retiring baby boomers. Source Link
The
same kind of technology that safeguards you against credit card fraud
will be employed to protect Uncle Sam against Medicare cheats. The
government plans to begin using computer systems that look for patterns
in Medicare claims from providers. The program could detect any red
flags for possible rip-offs and stop payments before they are made.
Source Link
The
growth of streaming Internet video services like Netflix is leading
more consumers to think about cutting the cord to their cable TV
provider. A new study shows the percentage of people who use Netflix and
say they may drop premium cable has doubled in the past year. Netflix
has more than 23 million subscribers in the United States and Canada. Source Link
