Policy Impact Analysis - 117/S/3707

Bill Overview

Title: Immediate Access for the Terminally Ill Act

Description: This bill makes various changes to Social Security benefits, including to expedite disability benefit payments to individuals with certain terminal diseases or medical conditions.

Sponsors: Sen. Lee, Mike [R-UT]

Target Audience

Population: Individuals with terminal illnesses or medical conditions

Estimated Size: 1000000

Reasoning

Simulated Interviews

Retired teacher (California)

Age: 65 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 5.0 years

Commonness: 10/20

Statement of Opinion:

  • This policy would help me by reducing financial stress so I can focus on my remaining time with loved ones.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 6 4
Year 3 6 4
Year 5 5 3
Year 10 5 2
Year 20 2 1

Freelance artist (New York)

Age: 58 | Gender: male

Wellbeing Before Policy: 3

Duration of Impact: 3.0 years

Commonness: 12/20

Statement of Opinion:

  • Immediate financial support would mean affording care and lessening worries about leaving debts.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 3
Year 2 5 2
Year 3 4 2
Year 5 3 1
Year 10 2 1
Year 20 1 1

Homemaker (Texas)

Age: 70 | Gender: female

Wellbeing Before Policy: 4

Duration of Impact: 4.0 years

Commonness: 8/20

Statement of Opinion:

  • The policy could ease the financial burden on my family who is caring for me.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 4
Year 2 5 3
Year 3 4 2
Year 5 3 2
Year 10 2 1
Year 20 1 1

Retired military (Florida)

Age: 63 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 5/20

Statement of Opinion:

  • I already receive some expedited care, but additional funds would further alleviate my situation.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 6 6
Year 3 6 6
Year 5 6 5
Year 10 6 4
Year 20 2 2

Software developer (Illinois)

Age: 49 | Gender: other

Wellbeing Before Policy: 4

Duration of Impact: 10.0 years

Commonness: 7/20

Statement of Opinion:

  • Financial help through this policy is crucial for managing my family's finances after I'm gone.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 4
Year 2 6 3
Year 3 5 3
Year 5 5 2
Year 10 4 2
Year 20 3 1

Retail worker (Michigan)

Age: 55 | Gender: female

Wellbeing Before Policy: 4

Duration of Impact: 5.0 years

Commonness: 15/20

Statement of Opinion:

  • Any financial respite would be a blessing as it would cover unexpected medical costs.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 4
Year 2 5 4
Year 3 5 3
Year 5 4 3
Year 10 3 2
Year 20 2 1

Retired engineer (Ohio)

Age: 78 | Gender: male

Wellbeing Before Policy: 3

Duration of Impact: 5.0 years

Commonness: 13/20

Statement of Opinion:

  • This policy could help manage the cost of care as my condition deteriorates.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 4 3
Year 2 4 3
Year 3 4 2
Year 5 3 2
Year 10 2 1
Year 20 1 1

Stay-at-home parent (Washington)

Age: 32 | Gender: other

Wellbeing Before Policy: 5

Duration of Impact: 8.0 years

Commonness: 2/20

Statement of Opinion:

  • This policy is essential for ensuring that I can support my family during this time.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 5
Year 2 7 4
Year 3 6 4
Year 5 5 3
Year 10 4 3
Year 20 2 1

Farmer (Nebraska)

Age: 60 | Gender: female

Wellbeing Before Policy: 3

Duration of Impact: 7.0 years

Commonness: 9/20

Statement of Opinion:

  • Financial support would help with travel costs for medical appointments.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 3
Year 2 5 3
Year 3 5 3
Year 5 4 2
Year 10 3 2
Year 20 2 1

Retired mechanic (New Mexico)

Age: 74 | Gender: male

Wellbeing Before Policy: 4

Duration of Impact: 4.0 years

Commonness: 11/20

Statement of Opinion:

  • The policy could provide funds for in-home care and prescriptions.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 4
Year 2 5 4
Year 3 4 3
Year 5 4 3
Year 10 3 2
Year 20 1 1

Cost Estimates

Year 1: $1000000000 (Low: $800000000, High: $1200000000)

Year 2: $900000000 (Low: $720000000, High: $1080000000)

Year 3: $950000000 (Low: $760000000, High: $1140000000)

Year 5: $850000000 (Low: $680000000, High: $1020000000)

Year 10: $750000000 (Low: $600000000, High: $900000000)

Year 100: $500000000 (Low: $400000000, High: $600000000)

Key Considerations