Originally, this program was a compulsory pension plan known as Old Age Insurance (OAI).Later, survivors' benefits were added and the program became known as Old Age and Survivors' Insurance (OASI).When disability benefits were added, it became Old Age, Survivors', and Disability Insurance (OASDI), and, with the addition of hospital and medical benefits, it became the Old Age, Survivors', Disability, and Hospital Insurance (OASDHI) program.Identify this program.
A)Medicaid
B)Unemployment benefit program
C)Workers' compensation program
D)Social Security
E)Retirement plan administration program

Question

Quizplus · Accepted Answer

The program described is Social Security, which evolved from a basic pension plan to include survivors' benefits, disability insurance, and hospital and medical benefits, making it a comprehensive social insurance program.

Originally, This Program Was a Compulsory Pension Plan Known as Old