News
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Social Security Medicare Questions June 2011 Advisor
It is anticipated that one of the orders will be to shift drug and medical production to this country by suddenly cutting off federal agencies from those offshore supply chains. .This week, congressional leaders and President Donald Trump put an end to the partial federal government shutdown by approving a short-term CR that will reopen the government until Friday, February 15th. .Lawmakers Avert Government Shutdown … Continued
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Legislative Update Week Ending March 23 2018
With the November 4th elections now behind us, TSCL is gearing up for another action-packed year. This coming spring, the temporary "doc fix" will expire and Members of Congress will need to stave off another severe pay cut for doctors who treat Medicare patients. Failing to do so could jeopardize access to medical care for millions of senior citizens. TSCL will be advocating for a long-term solution that would repeal the sustainable growth rate formula, once and for all, and establish a permanent path forward. .On Wednesday, the Ways and Means Social Security Subcommittee met to discuss fraud, waste, and abuse within the Disability Insurance (DI) program. Subcommittee members heard from two expert witnesses – Sean Brune of the Social Security Administration (SSA) and Seto Bagdoyan of the Government Accountability Office (GAO) – on recent progress the administration has made in detecting and preventing fraud. .What is the range of the Notch years? … Continued
So, what should those who have received the Covid-19 vaccines do now? .The following four bills were the focus of Legislative Liaison Kluck's meetings on Capitol Hill in December… .While 401(k) plans have enjoyed a decade of relatively strong returns recently, these plans carry greater risk and place responsibility on individuals for saving, investment decisions, and management. "These are three skills sets that most of us have never adequately learned, much less ever expected to practice after we retired," says Johnson. "One simple mistake can affect your standard of living in retirement for years," Johnson says. .How much would your Social Security cost-of-living adjustment (COLA) be worth if it was more accurately based on your spending patterns as a retiree? Social Security legislation under debate in the U.S. House would tie the annual boost for inflation to the Consumer Price Index for the Elderly (CPI-E). Had that index been used to calculate the COLA for 2020, your annual boost would be 1.9%, versus the 1.6% that Social Security recipients are actually getting. .TSCL Goal of new Drug Pricing Legislation Left out of new House Bill .Medicare's Fall Open Enrollment Period started on October 15th and will run through December 7th. For the past 14 years, I have volunteered to help neighbors and friends learn about changes in their current Part D prescription drug or Medicare Advantage coverage during this period. We compare options, track down the lowest costing plans and pharmacies, and often switch to a lower-costing plan when there's a better deal. .In May, I introduced bipartisan legislation with Rep. Joe Heck (NV-R). Our plan, the Medicare Physician Payment Innovation Act (H.R.5707), ends the broken physician reimbursement system and replaces it with a new, long-term plan that will treat physicians fairly, improve patient outcomes, and reduce costs in Medicare. It also sets us on a long-term path toward greater quality, value, and fiscal responsibility in Medicare and will save billions for taxpayers over the long run. This bill has been endorsed by the Fleet Reserve Association, American Academy of Family Physicians, American College of Physicians, the American Geriatrics Society, and other leading organizations. .The ,400 stimulus checks will help millions of retirees to cope at a time when Social Security checks don't buy as much due to low COLAs while food and energy costs are climbing. The Senior Citizens League supports boosting Social Security benefits and tying the annual COLA to a consumer price index that more closely reflects the spending patterns of older Americans. To learn more and participate in surveys visit . .Survey the assisted living and long term care options available in your area. You can start your search by phone or online using the Eldercare Locator 1-800-677-111The Eldercare Locator is a service of the U.S. Administration on Aging and connects people with services in your community.
