News

  • Legislative Update For The Week Ending August 26 2011 Feed

    This week, the Senate Committee on Health, Education, Labor, and Pensions (HELP) held a hearing on rising prescription drug costs. In addition, The Senior Citizens League (TSCL) saw two key bills gain support in the House of Representatives. .The expert witnesses at the hearing focused their suggestions on improving the marketplace. Edmud Hailsmaier – Senior Research Fellow at The Heritage Foundation – said policymakers should change how they see the individual market. He said it should be thought of as two distinct pools which include (1) individuals wishing to be protected against the financial liability of large health expenses, and (2) those who are very sick and have no other insurance options. .Rep. Peter DeFazio (OR-4) introduced H.R. 1031 on March 7, 201It has since been referred to the Committee on Ways and Means and the Committee on the Budget. … Continued

  • Congressional Corner An Open Letter To Tscl Petition Signers From

    Medicare Advantage plans offer comprehensive hospitalization, doctor, and outpatient services through selected network providers, and most also include coverage of prescription drugs. Typically, premiums for Medicare Advantage plans can be 60% less than premiums for a Medigap supplement and a prescription drug plan. Many also offer extra benefits that are not covered by Medicare, like vision or dental benefits. .I recently introduced H.R. 4521, SNAP Simplification for the Elderly Act, as one of the focal points for my "Let's Feed America Campaign." The bill would eliminate burdensome red tape and make it easier for the low-income elderly and disabled individuals to receive SNAP, Supplemental Security Income (SSI) and the Medicare Savings Program (MSP) benefits. .Finally, two new cosponsors – Representative Daniel Lipinski (IL-3) and Representative Glenn Grothman (WI-6) – signed on to the CREATES Act (H.R. 2212), bringing the total up to twenty-five. The CREATES Act, if adopted, would increase competition in the prescription drug industry by encouraging generic and biosimilar drug manufacturers to introduce their products to the market more quickly. … Continued

The extra time was needed because although both houses of Congress were finally able to pass the needed legislation, the bill was nearly 5,600 pages in length. It is probable that no member of Congress actually read the entire bill and likely very few Congressional staff members read it either. .In addition, early this week lawmakers in the Senate majority took the first steps towards a repeal of the Affordable Care Act. Senate Budget Committee Chairman Mike Enzi (WY) introduced a fifty-four-page budget resolution – S. Con. Res. 3 – on Tuesday that includes instructions for fast-tracking the law's repeal. The resolution instructs the four committees of jurisdiction – two in the House and two in the Senate – to draft repeal legislation before a January 27th deadline. It overcame its first hurdle on Wednesday when the Senate voted 51-48 to proceed. .In the weeks ahead, TSCL will continue to advocate for tax reforms that would benefit the financial security of older Americans, and we will post updates on the movement of the Ways and Means Committee's bill here in the Legislative News section of our website. For more information on TSCL's tax reform recommendations, click HERE. .Retirees' budgets take a beating when prescription drug prices rise faster than the annual cost – of – living adjustments (COLAs). But new legislation moving in the Senate would address that problem. The drug bill would require drug manufacturers to pay rebates when prices rise faster than inflation. Lobbying groups for drug manufacturers don't like the idea. .The definition of disability under Social Security is different from other programs. Social Security only pays benefits for total disability, and none are paid for partial or a short-term disability. To determine if your husband is disabled, the Social Security Administration will examine the following: .A major study by two economists at the Social Security Administration found that the growth is mainly due to Baby Boomers moving into disability-prone ages, growth in the number of women covered for disability benefits, and ordinary population growth. But the researchers were unable to account for 10 percent of the growth that they attributed to what they dubbed the disability "incidence rate" — meaning the growth not attributable to something else. Some members of Congress and the public are beginning to question whether overly vague eligibility criteria, and too many applicants receiving benefits that they aren't entitled to, might be to blame. .Support for Notch Reform legislation has grown significantly, nearly doubling over the previous six Congressional sessions in which it's been introduced. TSCL is encouraging seniors and their younger family members like you to contact your Members of Congress and urge them to co-sponsor and pass "The Notch Fairness Act, " H.R. 1001 and S. 118! .This higher starting benefit will mean higher cost-of-living adjustments (COLAs) in terms of dollars, and higher benefits for spouses and survivors that are based on your benefit. Over the course of a 25 year retirement, the extra money adds up to more income from Social Security, often in the tens of thousands of dollars depending on the age you retire. .Social Security Benefit Cuts Need to be Stopped