I don't want to get too deep in the weeds on former Social Security Commissioner Michael Astrue's new job with VIVUS but it looks like he was hired as part of the resolution of a shareholder lawsuit. It looks like the shareholders won and VIVUS' old management lost. It also appears that the shareholder lawsuit came about because VIVUS hasn't been doing so well.
Jul 25, 2013
Tests Extended
From today's Federal Register:
We are announcing the extension of tests involving modifications to disability determination procedures authorized by 20 CFR 404.906 and 416.1406. These rules authorize us to test several modifications to the disability determination procedures for adjudicating claims for disability insurance benefits under title II of the Social Security Act (Act) and for supplemental security income payments based on disability under title XVI of the Act. ...
We are extending case selection for the prototype and the single decisionmaker tests until September 26, 2014.None of these "tests" ever work well enough to be made national but they never seem to end. Why?
Labels:
Disability Policy
Groups Push Social Security Expansion
From CNN:
A coalition of progressive groups claiming to represent millions of Americans is planning a multi-state effort urging the expansion of Social Security benefits. The Progressive Change Campaign Committee (PCCC) and Democracy For America (DFA say they will be joined by several other groups including MoveOn.org in putting out a series of TV and online ads planned for the near future. ...
An email sent to the progressive coalition's supporters claims the bills would give Social Security beneficiaries an additional $452 per year by age 75 and $807 per year by 85.
The bill would also eliminate the cap on how much of individuals' earnings can be paid into Social Security. Currently, Social Security contributions are limited to the first $113,000 of income.
Eliminating that cap is aimed at making the wealthy "pay their fair share," the email says....
Labels:
Retirement Policy
Jul 24, 2013
New Job For Astrue
From a press release:
VIVUS, Inc. ... which recently began selling the obesity drug Qsymia (phentermine and topiramate extended-release) capsules CIV in the United States, today announced that its Board of Directors has appointed Michael Astrue to serve as its Chairman and Anthony Zook to serve as its Chief Executive Officer ...
Astrue had worked in the biotechnology field before becoming Commissioner of Social Security.Mr. Astrue said, "We intend to move quickly on our four main goals: 1) expand use of Qsymia through targeted patient and physician education; 2) find the right partner for Qsymia; 3) quickly create a pathway for approval in Europe; and 4) eliminate expenses that are not essential to expanding use of Qsymia....
Labels:
Commissioner,
Social Security Alumni
Who Killed The Rabbit?
From the Rome (GA) News-Tribune:
Rome police reported that vandals left a dead rabbit for staff to find at the Social Security office on Riverside Parkway on Friday morning and also left the water running outside.
According to reports, the rabbit was found on a window sill behind the building along with a bag of shredded paper torn and scattered around the building Friday morning.
Labels:
Crime Beat
Jul 23, 2013
New Blog On Social Security Disability Issues
Julia Mariani, an attorney who had been representing Social Security disability claimants, has shut down her regular practice and taken up blogging on Social Security disability issues. So far, her blog, Disability Dunk Tank, has a different focus from mine. She is oriented just to disability issues and attuned to the issues that claimants face.
I wish there was a wider profusion of blogs on Social Security issues. Social Security has a huge impact on America. It deserves widespread coverage by non-traditional media.
Labels:
Blogs,
Disability Claims
Jul 22, 2013
Unemployment And Disability Claims
Social Security's Office of Inspector General (OIG) has issued a report on Impact of Increases in State Unemployment Rates on the Social Security Administration’s Disability Programs. This subject could certainly use research. Unfortunately, OIG merely looked at states with high percentage increases in unemployment. There is no comparison of these states to states with low or no increase in unemployment over the same time period. There is this table in the report:
Labels:
Disability Policy,
OIG,
Unemployment
Jul 21, 2013
Today's Newspaper Stories On Social Security Disability
The Sacramento Bee has an article on the growth in the number of people drawing Social Security disability benefits -- even though that growth ground to a halt almost a year ago -- and the Associated Press has an article on a doomed attempt to phase out the five month waiting period for Disability Insurance Benefits under the Social Security Act.
Subscribe to:
Posts (Atom)