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Prior to July 2013, ODJFS was also the state agency responsible for the administration of Ohio's Medicaid program. In July 2013, a new state agency was created, the Ohio Department of Medicaid (ODM), Ohio’s first Executive-level Medicaid agency. ODJFS employs about 2,300 full time employees and has an annual budget of $3.3 billion. [2]
Unemployment insurance is funded by both federal and state payroll taxes. In most states, employers pay state and federal unemployment taxes if: (1) they paid wages to employees totaling $1,500 or more in any quarter of a calendar year, or (2) they had at least one employee during any day of a week for 20 or more weeks in a calendar year, regardless of whether those weeks were consecutive.
India follows a social insurance system for unemployment benefits much like its European counterparts. Unemployment allowance is given to workers in India who have contributed to the Employees' State Insurance for at least three years. The benefit is given for a maximum of one year and is either 50% of the average daily wage or Rs 35,000 a ...
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According to The Columbus Dispatch, the sudden burst of unemployment claims with the Ohio Department of Job and Family Services has brought the system to its knees. Calls are going unanswered, and ...
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Beneficiaries of a VEBA must have an employment-related common bond (such as a common employer), be covered by a collective bargaining agreement, or belong to a labor union. [1] However, if multiple employers share the same line of business and the same geographic area, they are considered to share the "common bond" specified by the law.
Moral hazard has important implications for optimal social insurance programs, particularly in the case of unemployment benefits: the presence of moral hazard entails that, paradoxical as it may seem, individuals should optimally be only partially insured against unemployment. This is because, in order to incentivize an unemployed worker's job ...