The way that the maximum benefit for a particular year is calculated is based upon the maximum wage base fortheyear, as well as the applicable COLAs that would apply after the PIA ( Primary Insurance Amount) has been calculatedfor that individual.
Throw in the additional rise calculatedfor that year itself (let's say another 2.5% or so forthe sake of argument) and the council would be in real trouble.
An FBI report on financial crimes forthe 2010-11 fiscal yearcalculated that fraudulent billing to health-care payers, Medicare, Medicaid and private health insurers is between 2% and 10% of total health-care expenditures.
The number of people over 60 is calculated to rise by 200, 000 a year until 2015, when they will account for one-third of the total registered population in the city.
Thomson Reuters, which did the data crunching forTHE, combed through 6 million journal articles published over a five-year period, and then calculated how many times those articles were cited by other scholars.