News

  • Benefit Bulletin September 2011 Advisor Feed

    The Moment of Truth Project report calls it a technical correction and argues that government would simply be making the CPI more accurate. But if that's true, why haven't the economists at the BLS gone ahead and changed it already? They can't. The reality is that it requires a legislative change. It's not simply a matter for BLS economists. It's a matter for Congress —the same lawmakers who are answerable to you and me. .If adopted, the Social Security Administration Fairness Act would accomplish the following: .These overpayments occur because payments to plans are adjusted to pay more for older and sicker enrollees, and less for enrollees who are young and healthy. As well documented by the Medicare Payment Advisory Commission, Medicare Advantage plans use a variety of strategies to "document" enrollee medical conditions, including repeated, calls to homes in attempts to "update" health histories, and to schedule home visits from nurses to conduct health risk assessments even when patients have emphatically declined the visit. … Continued

  • Legislative Update April 2017

    If the threshold is raised, many seniors who have saved for their entire lives and have carefully planned for retirement will suddenly be faced with hundreds of dollars in extra taxes—on top of the out-of-pocket medical costs they already pay. That's simply unacceptable. .Sources: "Housing Bust Derails Some Seniors' Assisted-Living Care," Harris Myer, Kaiser Health News, August 21, 2011. .While TSCL supports this first legislative step, more work will be needed in the years ahead to provide greater financial certainty for disabled Social Security recipients. What do you think about the recent legislation and fixes for Social Security disability? Take TSCL's 2016 Senior Survey. … Continued

Can I expect a cost of living increase this next year? Something needs to happen! .The sharp plunge was the result of changes that Congress made in 1977 to a. Could Your Benefits Be Notched? The Notch Fairness Act Introduced in the House and Senate .In your book The Hard Times Guide to Retirement Security you say that today's retirees need to "rethink retirement." In what ways do our ideas about retirement need changing? .The order is a direct response to the President's efforts to greenlight the importation of drugs from Canada. .Legislators cannot effectively operate on their own without the input of those who elected them. After all, the Constitution guarantees "the right of the people to petition the government for redress of grievance," acknowledging that calling upon our elected representatives is a fundamental principle of our democracy. TSCL's grassroots petition campaign highlighted this freedom and successfully grabbed not just the ears, but the eyes and attention of Congress toward the concerns of millions of seniors nationwide. .Under a rule change that will take effect in July the Center for Medicare and Medicaid Services (CMS) will allow insurers and employers to exclude certain copay assistance programs from counting toward deductibles and out-of-pocket maximums. The rule applies even for expensive brand-name drugs with no generic alternatives. .The Senior Citizens League can be reached via e-mail at comments@ or you can reach us by telephone at 800-333-TSCL (8725). Our 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 consists of vocally active senior citizens concerned about the protection of their Social Security, Medicare, and veteran or military retiree benefits. .For this week, lawmakers in the House and Senate remained in their home states and districts for the final week before they return to Washington following the Labor Day holiday. .Legislation to Control Drug Prices Possible This Year?