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TeachMeFinance.com - explain Social Security Act Social Security Act The term 'Social Security Act ' as it applies to the area of Medicare in the United States can be defined as ' Public Law 74-271, enacted on August 14, 1935, with subsequent amendments. The Social Security Act consists of 20 titles, four of which have been repealed. The HI and SMI programs are authorized by Title XVIII of the Social Security Act'. Previous 5 Terms: SNW SNWFL SOAP soboliferous Social Health Maintenance Organization (Shmo) Next 5 Terms: Social Security Administration Social value (psychological value) sociobiology sociogenesis sociology About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.