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Simple English definitions for legal terms
OASDHI
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A quick definition of OASDHI:
Term: OASDHI
Definition: OASDHI stands for Old Age, Survivors, Disability, and Health Insurance. It is a program that helps people who are retired, disabled, or have lost a loved one by providing financial support. It also helps pay for medical expenses.
A more thorough explanation:
OASDHI
OASDHI stands for Old Age, Survivors, Disability, and Health Insurance. It is a program that provides financial assistance to people who are retired, disabled, or have lost a loved one who was the primary breadwinner.
For example, if someone has worked and paid into the OASDHI program for a certain number of years, they may be eligible to receive retirement benefits once they reach a certain age. If someone becomes disabled and is unable to work, they may be eligible to receive disability benefits. If someone's spouse or parent passes away, they may be eligible to receive survivor benefits to help with living expenses.
These examples illustrate how the OASDHI program provides financial support to individuals and families during times of need.