Overpayments Archives - DR News - News, Retirement, Finance

Social Security overpayments lead to financial crises for Americans

Atlanta, Georgia – Numerous Americans are facing financial hardships as Social Security overpayments continue to impact their lives. With the sudden loss of vital monthly payments, beneficiaries are finding themselves at risk of homelessness. One distressing case involved a mother who lost her apartment after the Social Security Administration (SSA) withheld her benefits due to an overpayment issue. The mother, who is legally blind, saw her $1,700 disability check taken away, leaving her unable to …

Pension Fund Repays $127 Million in Overpayments Amid Investigation: Teamsters Scandal Uncovered

Washington D.C. – The Teamsters pension fund has made headlines this week after returning $127 million in overpayments to the US Treasury. This action follows an internal investigation that uncovered nearly 3,500 deceased members still on the fund’s records. Central States Pension Fund executive director, Thomas Nyhan, revealed the repayment as part of a civil settlement with the Department of Justice. The fund, responsible for handling retirement benefits for the International Brotherhood of Teamsters, has …

Medicare Advantage Overpayments Exposed in Shocking New Data and Political Critique

WASHINGTON D.C. – Medicare Advantage has become a hot-button issue in the healthcare sector, and recent data on overpayments has only fueled the controversy. During a routine policy meeting, an unusual political remark highlighted the contentious nature of the program. The new data revealed significant overpayments within the Medicare Advantage program, raising concerns about its financial sustainability and effectiveness. This revelation has put a spotlight on the need for more oversight and regulation within the …

Social Security Overpayments Investigation Earns 9 Investigates Prestigious National Award

Charlotte, North Carolina – The 9 Investigates team in Charlotte has received a prestigious national award for their groundbreaking investigative work on Social Security overpayments impacting millions of Americans’ monthly benefits. The award was presented at a ceremony in Boston by The Harvard Kennedy School, recognizing the team’s efforts alongside their sister stations and the non-profit KFF Health News with a Goldsmith Awards Special Citation. This award highlights the team’s dedication to uncovering issues within …

Overpayments: Social Security Administration Implements New Repayment Rules to Help Beneficiaries

Washington, D.C. – The Social Security Administration has implemented new rules for collecting overpayments from beneficiaries, aiming to reduce the burden on those affected. Under the new policy, the agency will collect either 10% of a beneficiary’s total monthly benefit or $10, whichever is greater. This change is intended to lessen the impact on individuals facing overpayments due to miscalculations in benefit amounts. Beneficiaries who are currently experiencing overpayment withholding rates higher than 10% are …

Medicare Overpayments: Warren and Jayapal Push for Aggressive Plan Changes

Washington, D.C. – The Biden administration is preparing to establish new regulations for next year’s Medicare Advantage plans, with Democratic lawmakers proposing significant changes to the functioning of these insurance plans. Sen. Elizabeth Warren (D-Mass.) and Rep. Pramila Jayapal (D-Wash.) penned a letter to Medicare Administrator Chiquita Brooks-LaSure, urging the government to take decisive steps to address the estimated $100 billion in annual overpayments and questionable quality bonuses received by Medicare Advantage insurers. They argue …