News
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Legislative Update Week Ending June 22 2018
The changes closed two claiming tactics known as "file and suspend" and "restricted application for spousal benefits." The claiming strategies have made it possible for both members of a couple who are 66 or older to delay claiming Social Security based on their own earnings records, in order to increase payments, while at the same time one spouse receives a spousal benefit. Alicia Munnell of The Center for Retirement Research at Boston College estimates the changes would save .5 billion per year — a potential cost that would grow over time. .The Social Security Subcommittee of the House Committee on Ways and Means held a hearing to discuss the problems facing seniors and the vital roll Social Security plays in the well-being of America's seniors. .We understand that our proposal may not be the most perfect solution to the injustice; however, it stands a much better chance of getting passed in Congress and is the best possible solution we know of. … Continued
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Legislative Update Week Ending December 23 2016
Prevention of Fraud, Waste, and Abuse – Eliminating inefficiencies within Social Security and Medicare. .TSCL supports legislation that would get rid of the taxable wage cap and require all workers to pay their fair share into Social Security. .Susan has rheumatoid arthritis and was taking Humira, a drug that would cost more than ,000 out-of-pocket if she had to purchase it through a Part D plan. Prior to starting Medicare, she paid a .00 per month co-pay for Humira through her husband's insurance. Before starting on Medicare though, Susan decided to try a less expensive older generic, Methotrexate, which costs just .00 per month through her Part D plan. … Continued
The audit is part of long-delayed plans to recover money that the Centers for Medicare and Medicaid Services (CMS) says it overpaid to plans that exaggerated the severity of illnesses of patients treated. The problem is one that the federal government has struggled with, unsuccessfully, for more than a decade. According to one estimate that appeared in Health Affairs, CMS will overpay Medicare Advantage plans by 0 billion over the next decade if the current "coding intensity adjustment" system remains in place. .Obamacare is not the first government program in which major implementation glitches had disastrous consequences for large numbers of beneficiaries. In 1977 changes that Congress made to the Social Security benefit formula created a major inequity in benefits that cost retirees tens of thousands of dollars in Social. Seventeen Co-sponsors for The Notch Fairness Act While Congress has been holding hearings and considering changes to Social Security, TSCL has been successful in gaining co-sponsors for The Notch Fairness Act. The bill, introduced in the House and Senate by Representative Mike McIntyre (NC-17) and Senator David Vitter (LA), would provide Notch Babies born from 1917 through 1926 their choice of ,000 paid. Risk of Deeper Benefit Cuts When Congress Waits The Notch Fairness Act In House And Senate .When he first ran for office, candidate Trump promised he would not make any attempt to cut Social Security or Medicare while he is President. But in an interview this week with CNBC's Joe Kernan, and definitely something we will be keeping a close eye on, President Trump mentioned in a news conference that cutting entitlements (Social Security and Medicare) is not off the table. .Here's how we got here: The hold harmless provision was triggered nationally in 2016 when the Social Security Administration announced that there would be no COLA payable, due to a drop in inflation. Barbara's Medicare Part B premium stayed the same as it was the year before, at 4.90, even though Medicare Part B premiums in 2016 jumped to 1.80 for about 30% of beneficiaries, such as new enrollees who were not protected by the hold harmless provision. .With about 1 million supporters, The Senior Citizens League is one of the nation's largest nonpartisan seniors groups. Located just outside Washington, D.C., its mission is to promote and assist members and supporters, to educate and alert senior citizens about their rights and freedoms as U.S. Citizens, and to protect and defend the benefits senior citizens have earned and paid for. The Senior Citizens League is a proud affiliate of TREA The Enlisted Association. Please visit or call 1-800-333-8725 for more information. .Last year, I introduced bipartisan legislation to halt this obscure tax increase on seniors. Since then, we've worked hard to build broad support inside of Congress and out. The bill has the endorsement of a list of taxpayer and seniors advocacy groups and passed the U.S. House of Representatives on a bipartisan vote on September 13, 2016. ."Even though Medicare premiums and out-of-pocket drug costs are the fastest growing and biggest financial challenge in retirement, that growth is not accounted for in the annual COLA," Johnson says. The consumer price index used to calculate the COLA for retirees reflects the spending pattern of young urban workers, and explicitly excludes people over the age 6But younger workers don't get Medicare, and spend a much lower portion of their incomes on healthcare. ."It is not possible or believable that the infection control surveys accurately portray the extent of infection control deficiencies in U.S. nursing facilities," the report states. .The Kaiser Family Foundation estimates that the number of beneficiaries that will be required to pay the increased Medicare premiums will almost triple over the next decade rising from five percent of beneficiaries in 2011 to 14 percent in 2019 due to the expansions of "means testing" in the PPACA. By 2019 one out of every five new enrollees will have to pay higher premiums. The Senior Citizens League strongly opposes the "means test" and supports efforts to repeal it. To learn more, please visit .
