News

  • Medicare Cuts Still On Table

    This week, one new cosponsor – Rep. Robert Scott (VA-3) – signed on to Rep. Peter DeFazio's (OR-4) Consumer Price Index for Elderly Consumers (CPI-E) Act (H.R. 1030). The cosponsor total is now up to ten. If signed into law, Rep. DeFazio's bill would base the Social Security COLA upon the spending patterns of seniors. Currently, it is based upon the way young, urban workers spend their money – a method that underestimates the spending inflation that seniors experience. A study conducted by TSCL in 2012 found that seniors have lost 34 percent of their purchasing power since 2000 – a clear sign that the current COLA is growing too slowly. .We may not all agree on ways to reform the system, but at the very least it is time for our colleagues on the other side of the aisle to wake up and admit that we can't continue to defend the status quo. These new reports from the Medicare trustees make that much perfectly clear. .TSCL looks forward to working with these veteran lawmakers, along with new Representatives and Senators, on the following issues in the 114th Congress: … Continued

  • S 521 Social Security Fairness Act

    Foster testified before our committee that changes included in the health care law will cut funding for hospitals, skilled nursing homes, diagnostic labs and many other services by more than half the levels under prior law. In addition, future Medicare payments will be considerably below the current relative level. These rates would cause a significant number of providers to leave the market. .Hunger and food insecurity is a huge problem in America. Nearly 41 million Americans struggle to put food on the table each day, including five million seniors. Because of their lack of income, many of our seniors are often faced with the frightening decision of whether to purchase food or medicine. .This week, lawmakers passed a temporary spending bill just hours before a government shutdown was set to occur. In addition, The Senior Citizens League (TSCL) announced its support for one new bill, and one piece of legislation gained critical new support. … Continued

This week, lawmakers passed a temporary spending bill just hours before a government shutdown was set to occur. In addition, The Senior Citizens League (TSCL) announced its support for one new bill, and one piece of legislation gained critical new support. .This year's study found a 3 percentage point gain in the buying power of Social Security benefits from January 2019 to January 2020. That should indicate that most retirees may have seen at least some prices go down on certain items during that period. But this is deflation — which is a strong signal that there may be no COLA next year. This year's 1.6 percent COLA was already low to begin with. A recent deep plunge in oil prices have all but wiped out the prospect of a COLA. .This week, talks to repeal and replace the sustainable growth rate (SGR) formula continued, but lawmakers revealed that a temporary "doc fix" might be necessary. In addition, The Senior Citizens League (TSCL) announced its support for a new piece of legislation, and one key bill gained support. .If your husband's company had 20 or more employees, and your husband's former employer still has the same health coverage, you and your husband may have the option to temporarily continue to get healthcare coverage under your husband's former employer plan as provided by the Consolidated Omnibus Budget Reconciliation Act (COBRA). That coverage now, however, is likely to be more expensive than it was while your husband was an active employee, and it's only a short-term option. These are two reasons why both you and your spouse should explore other options promptly. .In addition, the Secretary of Health and Human Services (HHS) is prohibited from negotiating directly with pharmaceutical companies on behalf of the more than 40 million Americans who get their prescription drug coverage from Medicare Part D. .Eyeglasses, however, are not covered. If you are having difficulty affording a pair of glasses from brick and mortar stores, you may want to try shopping online. Zenni optical.com has eyeglasses starting as low as .95 for basic frames. Costco the wholesale club has high ratings for their optical section. According to Consumer Reports, the median price for a complete pair of eyeglasses, frames and lenses at Costco Optical is 4, the cost of membership not included. .Most people don't know where to begin, and the process is designed to overwhelm you before you start. You, however, do not have to be one of these people. All you need to do is to call and set up a free counseling session with a local Medicare benefits counselor. Do this NOW. Locate the program in your area on the State Health Insurance Program website — https://www.shiptacenter.org. .(Washington, DC) – Seventy-eight percent of retirees think Congress should cap what Medicare beneficiaries must spend out-of-pocket on prescription drugs, according to new survey by The Senior Citizens League (TSCL). Unlike other types of insurance, Medicare Part D has no annual out-of-pocket maximum. This leaves the sickest retirees spending hundreds, or even thousands, of dollars in pharmacy costs for prescription medications every year. .This is the website of The Senior Citizens League ("TSCL").