News
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Legislative Update For Week Ending July 12 2013
Home care, though, is much cheaper, overall. The yearly average cost, per person, of a nursing home to Medicaid is ,000 compared with ,000 for home care workers, according to one expert. .Fraud, waste and abuse are costing taxpayers and seniors an estimated billion a year, but Medicare fails to recover overpayments about 80 percent of the time. The Inspector General recently said that of the 6,287,546 in overpayments identified through the 30-month period ending March 31, 2009, the Centers for Medicare and Medicaid Services (CMS) reported collecting only ,168,50But it gets even worse. The OIG said that it could not verify that the ,168,502 had been collected as reported because CMS did not have an adequate system for documenting overpayment collections. .The Safe and Affordable Drugs from Canada Act (S. 61), introduced by Senators Chuck Grassley (IA) and Amy Klobuchar (MN), would allow individuals to safely import prescriptions from approved pharmacies in Canada. … Continued
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Whats Missing 2015 Social Security Check 113 Says Senior Citizens League Tscl
The Medicare Prescription Drug Price Negotiation Act (H.R. 275), which was introduced by Congressmen Peter Welch (VT) and Francis Rooney (FL-19), would require the federal government to negotiate lower Medicare Part D prices on behalf of Medicare beneficiaries. .In 2015, after a national coalition of senior advocacy groups (including TSCL) demanded action, Congress reduced the increase in Part B premiums from 9.30 per month to 1.80 per month, which was still a very high increase of 16.1 percent. The premium included a "repayment" amount that was added to monthly premiums of all beneficiaries in future years to recover the cost of the reduced premium rate in 2016 over time. .SSA Announces 2019 Social Security COLA of 2.8 Percent … Continued
Some want legislation to correct inequities for those born from 1917 through 1921, while others believe Notch reform must include the years through 192It is important to remember that hundreds of our elected officials agree that there is a Notch, and that Notch Victims deserve justice. However, some interpret the complicated rules affecting Social Security differently from others. We respect and continue to support all Members of Congress who are courageous enough to advocate Notch Reform of any sort. To read more on the Notch, click here: What is the "Notch"? .Some 13% of the people who receive both Medicare and Medicaid are 85 and older. The youngest Notch Babies turn 85 this year, while the oldest turn 9That's approximately 1.17 million. TSCL believes that roughly one quarter of Notch Babies receive Medicaid as well as Medicare. .COLAs Reach All Time Lows At Same Time Seniors Report Expenses Higher Than Ever .You should still watch out for symptoms of COVID-19, especially if you've been around someone who is sick. If you have symptoms of COVID-19, you should get tested and stay home and away from others. .The Senate amended and passed the bill 90-2 on March 25, with two Republican Senators voting against it. .Within two years of enactment, the Government Accountability Office would report to Congress and the task force on the financial exploitation of older Americans, including the associated economic costs, contributing factors, unreported cases, and policy responses. .For updates on our efforts, visit the Legislative News section of our website, or our new page on Facebook. .This year, Social Security beneficiaries received no cost-of-living adjustment (COLA) despite a national survey indicating a majority reported higher costs. Do you support legislation that would give seniors an emergency COLA before the end of this year? .It would have to report to Congress every two years on regulatory and financial developments that affect older investors. Reports would have to include recommendations for possible regulatory or legislative action.
