We already knew Social Security benefits were rising 2.5% due to the Cost of Living Adjustment (COLA). We now know Medicare premiums will increase, as well, cutting into the increase for most recipients. Centers for Medicare and Medicaid Services (CMS) has announced the part B premium for most recipients will increase by $10.30 from $174.70…
Just when the Social Security Agency finally had a progressive, engaged commissioner in former mayor of Baltimore and governor of Maryland, he’s gone. Effective November 29th Martin O’Malley is resigning to run for chairman of the Democratic National Committee. Among other positive changes made during O’Malley’s all too brief tenure as commissioner was modification of…
Summer 2021 Newsletter STILL STANDING…AND PRACTICING I published the first issue of Social Security & You in Spring of 1993. Some years I’ve published more issues than others. The most recent issue was dated Spring 2019: over 2 years ago. The world was a much different place then. Especially for me. Read the full newsletter…
Spring 2019 Newsletter An Opioid Story I’ve changed his name. Let’s call him Gerald. He was a laborer. And by that I don’t mean that he just did physical work. He was a card-carrying member the Labor’s Union local. And that meant a lot to him. I represented him for Social Security disability and Michigan…
The Wall Street Journal reports that Binder & Binder, a law firm handling Social Security disability & SSI claims nationwide, has filed for Chapter 11 bankruptcy. While its presence in Michigan is largely through the internet, the firm represents Claimants nationwide.
A shrinking demand for its services and tightening government scrutiny of claims is responsible for the downturn in Binder & Binder’s fortunes, according to the WSJ.
Statistics show a shrinking number of people applying for disability benefits and a reduced approval rate by administrative law judges has affected law firms handling disability cases, both in Michigan and elsewhere.
The Social Security disability trust fund is expected to exhaust its reserves in 2016 which will lead to a cut in benefit rates for the 10 million persons drawing benefits, unless Congress acts, which seems unlikely.