Almost 11 million Americans depend on payments from social security disability insurance to make ends meet. These payments are designed to help those who are unable to work due to an injury. Workers contribute to this fund and most go through a rigorous application process to determine if they are eligible for payment. Unfortunately, even after receiving approval for receiving SSD benefits these workers could see a reduction in payments in the near future.
A federal report was recently released analyzing the future of both the Medicare and the Social Security disability insurance programs. According to an analysis of the report by The Wall Street Journal, the disability insurance program could be in trouble unless Congress intervenes in the near future. More specifically, the report notes that SSD will need to start cutting back on payments as early as 2016 if there is no Congressional intervention. Payments were estimated to go down to 81 percent of the original amount.