Those who benefit from the program (or their employers) are the ones who pay int

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Those
who benefit from the program (or their employers) are the ones who pay
into the program (this is emphasis on equity)
There is no needs test – whether you’re poor or
wealthy, you’ll qualify as long as you paid in or someone paid in on your
behalf
There is some transfer of wealth from the rich to the
poor (some emphasis on adequacy)
GOVERNMENT ASSISTANCE
PROGRAMS (e.g. TANF, Medicaid)
There
is a needs test – must fall below a specific level of income (heavy focus
on adequacy)
Funded
by general revenue/taxpayer dollars (those who earn an income)
There
is a transfer of wealth from the wealthy to the poor (adequacy)
GOVERNMENT SUBSIDIZED (NFIP, FCIC)
Optional
programs (unlike Social Insurance where participation is mandatory – with
some exceptions)
Paid
for by those who participate – subsidized in significant down-times (Focus
on equity but adequacy when there is a catastrophe for example)
My second discussion
topic related to this issue is as follows: “Using two example (can be the
same as you used but just make sure one is one type of program and the other is
different) and compare them in terms of emphasizing equity or adequacy.
First, read the definitions of equity and adequacy in the Paper
1 Assignment. I also give you lots of hints above Be
concise (less than 250 words) but be sure to explain at least one the program
emphasizes adequacy and/or equity.
You have until 11:55 PM, Saturday, July 9 to
participate a second time.
Dr. Berry

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