News
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Legislative Update For Week Ending July 24 2015
Ask the Advisor: August 2021 Why Can't Legal Guardians Receive Social Security Benefits on Behalf of Grandchild? .This is certainly the case in Florida's 5th Congressional District, which I represent, where one in every four citizens has received SNAP benefits at some point over the past 12 months, a rate which is nearly twice the national average. It is estimated that only 42 percent of eligible seniors are enrolled in SNAP. SSI and the MSP have similarly low rates among seniors and individuals with disabilities. This is unacceptable. .Even though I'm not on Medicare yet, these new quality initiatives will, one way or another will affect most patients, even those like me who are still under the age of 65 as doctors reorganize. I felt dumped. … Continued
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Social Security Medicare Questions October 2011 Advisor
How Safe Are Electronic Social Security Benefits From Fraud? .The judge's order stops the implementation of the rule until the completion of the notice and comment process. .Many seniors can save substantially on drug costs by using mail order, and it's worth looking into. Be sure to use your drug plan's "preferred provider" mail order service. If you go outside of your drug plan's mail order network, your plan may not cover your drugs. … Continued
Second, three new cosponsors signed on to the Social Security Expansion Act (H.R. 1114), bringing the total up to thirty-six. The new cosponsors are Representative Robert Brady (PA-1), Representative Albio Sires (NJ-8), and Representative Tim Ryan (OH-13). If adopted, H.R. 1114 would enhance Social Security benefits by basing COLAs on the CPI-E, increasing monthly benefits by around , improving the Special Minimum Benefit, applying the payroll tax to income above 0,000, and applying a 6.2 percent tax on investment income for wealthy individuals. .If you do not want to receive e-mails from us in the future, please unsubscribe here. .TSCL enthusiastically supports H.R. 4704, H.R. 4841, and H.R. 2212, and we will continue to advocate for their passage in the months ahead. For more information, visit the Bill Tracking section of our website. ."Based on the new data through August, there's a downward inflation trend," Johnson says. "Although my calculator indicates the COLA could be 6.1 percent, the chances of inflation remaining high enough for that to occur is only 10 percent based on 20 years of historic trends. The chances of the data dropping to 6 percent are twice that high, 20 percent. "With the July and August consumer price data, inflation is plateauing," Johnson says. .Congress last year expanded this program in the healthcare reform act, or the Patient Protection and Affordable Care Act (PPACA), which was signed into law in March 20The PPACA expanded "means testing" to Medicare Part D, and froze the income thresholds at which beneficiaries become subject to the "means test" at the 2010 levels through 201This year, depending on income, individuals who make more than ,000 and couples who make more than 0,000 will have to pay from .10 - 3.70 extra per month for their Part B premiums, and from .10 to .10 extra per month for their Part D premiums in 2011. .TSCL believes that the Delay until Fully Functional Act represents a fair solution to the technical problems that the HealthCare.gov website has been experiencing for the past month. Millions of Americans – including seniors under the age of sixty-five – have been unable to purchase insurance coverage through the new marketplace due to the technical glitches. According to the law, those who fail to enroll before March 31st will be faced with a tax penalty of either or 1 percent of income, whichever is higher. .Congress This Week .You can go here to see the Mayo Clinic symptoms chart: .Want more information on the 2015 COLA Announcement? Read TSCL's latest press release
