News
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Congressional Corner Two Bills That Would Increase Benefits While Protecting Social Securitys Solvency
Finally, one new cosponsor – Senator Richard Blumenthal (CT) – signed on to the Medicare Drug Price Negotiation Act (S. 99), bringing the cosponsor total up to eight. If adopted, this bill would require the Secretary of Health and Human Services to negotiate lower prescription drug prices on behalf of Medicare Part D beneficiaries. .This week, two new cosponsors signed on to the Strengthening Social Security Act (S. 567 and H.R. 3118), bringing the total up to three in the Senate and thirty-nine in the House. The new cosponsors are Sen. Sherrod Brown (OH) and Mark Pocan (WI-2). If signed into law, the bill would reform the Social Security program in three ways: it would adjust the benefit formula, resulting in more generous benefits; it would adopt the Consumer Price Index for Elderly Consumers (CPI-E), resulting in more accurate cost-of-living adjustments (COLAs), and it would lift the cap on income subject to the payroll tax. The Strengthening Social Security Act would extend the solvency of the Social Security Trust Fund responsibly, without cutting benefits for seniors. ."We are saying you need to be doing more inspections," Verma told reporters, explaining her message to states. "We called on states in early March to go into every single nursing home and to do a focused inspection around infection control." … Continued
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Ask Advisor April 2017
Some policy analysts argue that the "chained" CPI is more accurate, but the Congressional Budget Office has stated that using that index has limitations. Unlike the conventional consumer price index in which final data from one month to the next is available in about two weeks, final data for the chained CPI isn't available until well over a year and a half. "That means preliminary estimates that are subject to error would have to be used for indexing," Johnson explains. .Senate Subcommittee Considers Family Leave Proposal .In a letter of support for the bill, Ed Cates – TSCL's Chairman – wrote: "As you know, Social Security beneficiaries today are struggling to keep up with rising costs. Our research shows that seniors have lost over 20 percent of their purchasing power since 2000, and last year, their benefits increased by while their expenses jumped by nearly 0. These are clear signs that the COLA is growing too slowly." … Continued
Repurpose "heirlooms in time." If you have boxes of "almost antiques" hidden away in antiques or basements pick out a few to repurpose for a second time around. Restring those old broken beads, cut apart shrunken felted sweaters and sew into new tote bags for the market. Drill holes in into old loose-leaf tea cans and plant some thyme, rosemary or a small parsley plant for a sunny windowsill. A great place to get inspiration is www.Pintrest.com. .In addition, one new cosponsor – Rep. Zoe Lofgren (CA-19) – signed on to the Strengthening Social Security Act (H.R. 3118). The cosponsor total is now up to thirty-eight. If signed into law, the bill would reform the Social Security program in three ways: it would adjust the benefit formula, resulting in more generous monthly benefits; it would adopt the CPI-E, resulting in more accurate COLAs; and it would lift the cap on income subject to the payroll tax. H.R. 3118 would extend the solvency of the Social Security Trust Fund responsibly, without cutting benefits for seniors. .Many of these proposals to improve Social Security benefits for women will, and should, also benefit men who took time out of their working careers to care for someone else. However, because women are more likely to outlive their husbands and take care of children, TSCL believes these proposals can particularly help women who gave so much to others, and deserve protection in return. To learn more about these and other proposals that would strengthen Social Security benefits for mothers and caretakers, visit our website at . .Usually, your doctor's order is necessary. Before you need emergency care, put a plan into place, including someone to help take care of you should you become seriously ill. Often, doctors will order observation care when you are too sick to safely go home from the emergency room. Although this can still occur even with the best-laid plan, you may be able to reduce the length of an observation stay if you have someone who will take care of you once you are released. If you learn that your patient status was changed after your admission as an inpatient you have a right to appeal decisions about healthcare payment, coverage of services and prescription drug coverage. .Unlike most of the top 10 causes of death, such as heart disease and cancer, which are covered in large part by Medicare, Alzheimer's care comes with extraordinary costs that are not covered. Medicare covers medically necessary inpatient hospital care, doctor's fees, outpatient services such as blood tests, and Part D covers many prescription drugs. However, a dementia diagnosis most often requires custodial care, like help bathing, eating, dressing, and supervision. Medicare does not cover custodial care. .This week, lawmakers returned to Capitol Hill following a two-week spring recess and quickly began working on legislation to fund the federal government past Friday, April 28th. At the time of writing this week's update, a continuing resolution (CR) had not yet been adopted by either chamber, but votes are expected by Friday evening. .Social Security Cost-of-Living Adjustment – Ensuring for a fair, accurate, and guaranteed COLA. .Nearly 50 years ago, we made a promise to ensure quality, affordable healthcare for all American seniors. In order to protect that promise, we must promote excellence and efficiency in Medicare, while being more fiscally responsible. One of the most important ways we can achieve those critical goals is to fix the broken Medicare physician payment system, which has created uncertainty and instability for seniors, healthcare providers, and the federal budget for decades. Because of the failed physician payment system, there is a looming crisis facing seniors and the doctors who care for them: on January 1, 2013 doctors could be hit with a scheduled reduction in Medicare payments of more than 30 percent. .On Wednesday, the Board of Trustees – along with Shannon Benton (Executive Director), former Congressman Van Hilleary (Legislative Consultant), and TSCL's staff – spent the day meeting with four Congressional offices. Support was expressed for a number of bills that would strengthen Social Security benefits for older Americans, including the CPI-E Act (H.R. 3961), the CPI for Seniors Act (H.R. 3074), and the Honesty in CPI Reporting Act (H.R. 3500).
