Farmers and Small Business Owners Hold Their Breath as the Federal Estate Tax is About to ExpireThe federal estate tax has always been a burden upon farmers and small business owners. Family business assets accumulated over a generation or two are often illiquid and exceed in ... [ Read More ] |
Why Retirement Accounts Should Not Be Used by Small Business Owners as a Means Through Which to Finance Their BusinessThe recession and the reluctance of the banking industry, as a whole, to make loans to businesses because of the banks’ own financial difficulties has forced cash starved small businesses ... [ Read More ] |
Social Security's New Quick Disability Determination Process and Compassionate Allowances Initiative |
|
|
| Monday, 12 January 2009 19:00 |
|
Begun in New England as an attempt by Social Security to expedite the consideration of Social Security disability claims that meet certain predictive criteria, its Quick Disability Determination Process has been expanded on a national basis. Social Security’s adoption of an electronic claims filing system has made the implementation of this initiative possible. The electronic claims filing system identifies certain characteristics of a claim that make it highly probable that the claimant will ultimately be found to be disabled under Social Security’s Listing of Impairments. In that way, the claim file can be flagged for a quick determination of the claimant’s entitlement to disability benefits without the long wait that most claimants endure at the present. In the New England test model it took on average only twenty-one days for a resolution of claims that fit within the Quick Disability Determination criteria. However, only 3 percent of the total number of cases fit within those criteria. And the New England model does not incorporate nearly as many diseases as would be desirable. Social Security has issued a final regulation to state agencies and, in the case of Ohio, the Ohio Bureau of Disability Determination extending the Quick Disability Determination Process nationwide. In addition, Social Security has issued a listing of 50 impairments, 25 rare diseases and 25 cancers, called “Compassionate Allowances.” These conditions are so severe that they obviously meet Social Security’s Listing of Impairments and, if medical evidence of same were introduced at the hearing level, would permit a finding of disability. Thus, Social Security has deemed these cases to be worthy of rapid adjudication. Social Security continues to seek out other diseases and cancers that it may include under this special program. The combination of cases qualifying under both programs allows Social Security to dispose of up to 250,000 cases within 6 to 8 days on a national basis per year. The listing of diseases and cancers that qualify as Compassionate Allowances is set forth below: COMPASSIONATE ALLOWANCES
|