Worker’s Compensation
State-administered, private insurance providing wage replacement and medical benefits to employees injured on the job in exchange for relinquishing the right to sue the employer for negligence.
Funded by employer
Implemented by the states from 1911 to 1949
Social Security Retirement
Government-run, compulsory old-age pension program
Funded by employer and employee paid payroll taxes (FICA)
1935, FDR (New Deal )
Unemployment Insurance
Federal-state unemployment insurance
Funded by federal and state employer-paid payroll taxes (FUTA, SUTA)
1935, FDR (New Deal )
Social Security Disability Insurance (SSDI)
Government-run, compulsory long-term disability insurance
Funded by employer and employee paid payroll taxes (FICA)
1954, Dwight D Eisenhower
Supplemental Security Income (SSI)
Social welfare program providing stipends to low-income people who are either aged 65 or older, blind, or disabled.
Funded by general tax revenues
1972, Richard Nixon
Medicare Parts A & B
Compulsory, single-payer, national health insurance for the elderly
Funded by employer and employee paid payroll taxes (FICA), premiums, surtaxes on beneficiaries, and general tax revenues
1965, LBJ (Great Society)
Medicaid
National health insurance for low-income people under age 65 and for those over 65 whose Medicare benefits have been exhausted
Nearly 60% of nursing home residents receive Medicaid
Funded by state and federal tax revenues
Managed by the states
1965, LBJ (Great Society)
Head Start
Social welfare program providing comprehensive early childhood education, health, nutrition, and parent involvement services to low-income children and their families.
1965, LBJ (Great Society)
Supplemental Nutrition Assistance Program (SNAP)
Federal social welfare program providing food-purchasing assistance for low- and no-income people
Formerly named the Food Stamp Program
Today’s recipients use EBT debit cards rather than stamps
1964 LBJ (War on Poverty) and Jimmy Carter
Earned Income Tax Credit
Federal refundable tax credit for low- to moderate-income working individuals and couples, particularly those with children.
1975, Gerald Ford
Children’s Health Insurance Program (CHIP)
Social welfare program providing matching funds to states for health insurance to families with children whose incomes are modest but too high to qualify for Medicaid.
1997, Bill Clinton
Temporary Assistance for Needy Families (TANF)
Social welfare program providing temporary cash assistance to extremely poor families with dependent children.
1997, Bill Clinton
Medicare Part C (Advantage)
Managed care programs, run by private insurance companies approved and subsidized by Medicare.
1997, Bill Clinton
Medicare Part D (Prescription Drugs)
Social insurance program that
Regulates private prescription drug insurance plans for Medicare beneficiaries
Subsidizes the costs of prescription drugs and prescription drug insurance premiums for low-income Medicare beneficiaries.
Funded by general tax revenues
2003, George W Bush (Compassionate Conservatism)
Affordable Care Act (ACA, Obamacare)
Healthcare package that “included provisions that required most individuals to secure health insurance or pay fines, made coverage easier and less costly to obtain, cracked down on abusive insurance practices, and attempted to rein in the rising costs of health care.” (Britannica )
Funded in several ways
2010, Barack Obama