Monday, December 8, 2014

Lawyers Scalp $1.2 Billion From Social Security In 2013

http://www.zerohedge.com/news/2014-12-08/turning-disability-dollars-lawyers-scalp-12-billion-ssdi-2013

Social Security Disability Insurance (SSDI) is no small program, costing taxpayers more than the combined cost of federal welfare payments, housing subsidies, food stamps and school lunches. Attorneys receive taxpayer-funded fees each time they successfully place a client in the program, which incentivizes them to encourage clients to file disability claims. The fees are capped at 25 percent of the successful client’s SSDI award, or $6,000, whichever is less. Attorneys took in $1.2 billion in such fees in 2013, up from just $425 billion in 2011.

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