Description
The Advisor’s Guide to Social Insurance Programs is an educational tool to help advisors through the maze of programs, rules and regulations that affect many if not all of their aging Baby Boomer clients, their spouses and dependents.
The course is broken down into three sections to give the advisor an understanding of the various benefits of the Social Security, Medicare and Medicaid programs.
Learning Objectives
Define the history and purpose of Social Security
• Describe the various OASDI programs
• Calculate Old-Age retirement benefits
• Review the various auxiliary benefits provided by Social Security
• Explain the advantages and disadvantages of when to apply for Social Security benefits
• Realize the importance of Social Security (OASDI) benefits to women
• Review the intent and purpose of the “surtax” on Social Security benefits
• Recognize the background of the Social Security Disability Insurance (SSDI) program
• Determine how the changing demographics and social insecurity have affected the OASDI program
• Relate the history and the administration of the Medicare program
• Distinguish the differences between HMOs, PPOs, and MSAs
• Relate to the history of Medicare Part D
• Determine eligibility for Medicare Part D
• Recognize the ethical and moral implications of Medicaid planning