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May 2001 Essma
Important Message from Advisor Editor, Mary Johnson: TSCL Supporters Can Save Hundreds on Prescription Drugs!
You could save hundreds of dollars on prescription drugs. Social Security and Medicare Questions & Answers
Q: When I retired from the Federal Government in 1993 I elected to keep my hospitalization insurance. I was also eligible for Social Security. Due to a misquote by the Social Security employee, I was told there would be a $68.00 deduction from my Social Security check for Medicare Parts A and B. I could not afford the $68 at that time. The Social Security person said I could enroll at a later date. She did not tell me that I would have to pay a penalty for the rest of my life, plus the Part A and B premiums. By the time I inquired again, my premium would have been about $97.40 a month with the penalty, and that would increase like other Medicare premiums over time. I have some hospitalization insurance but it`s not enough to offset the charges. I don`t want to give up my home if I am hospitalized. Is there anything I can do? Social Security Safety Net Unraveling for Many Notch Babies
Social Security is responsible for a major reduction in poverty in our country. Medicare Drug Plan Gains Support
Proposals to add prescription drug benefits for all Medicare recipients are gaining support in Congress although difficult negotiations lay ahead. Can We Cut Taxes and Still Pay for a Prescription Drug Benefit?
Many members of Congress and President Bush insist that we can afford to cut taxes without tapping the surpluses in Social Security and Medicare. Is Your COLA Keeping Up?
According to private sector analysts drug costs for the past four years ranged from 16% to 18.4%. For 2001, drug costs are projected to rise a whopping 21%. Federal Court Says Some Vets Owed Lifetime Medical Care
A federal appeals court has ruled that the government owes free medical care for life to certain veterans of World War II and the Korean War because recruiters promised them such care if they served a minimum of 20 years. Congressional Corner: Representative Walter Jones Introduces Social Security Guarantee Act
`Congress has a duty to our seniors to ensure their retirement security will not be jeopardized.` Companies Boost Profits By Squeezing Retiree Benefits
To help pay medical bills left behind when her husband died of cancer, June Y., age 82 of Oakdale, Minnesota, was forced to use a portion of his $10,000 life insurance. Ask the Advisor: Notch Reform-Which Would Be Better For Me?
An Improved Monthly Benefit or $5,000 Lump-Sum? Your Doctor Can Help You Save Money
Consult your doctor and use this simple technique to save money on your medications. Department of Agriculture Helps Seniors Buy Fresh Produce
A new government program will provide low-income seniors with $20 to $200 in benefits to purchase fresh, locally grown fruits, vegetables and herbs at local farmer`s markets and roadside stands during the 2001 harvest season.
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