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  • Category Legislative News Page 47

    By Jarrad Hensley, TSCL Legislative Assistant .Recent vaccines targeting more limited populations, such as a meningitis B vaccine for college students and the shingles vaccine for older adults, have a retail cost of 0 to 0 for a full course. .Retired seniors have been far more accepting of vaccines than their working-age counterparts. Their full vaccination rate is about 82%, according to the U.S. Centers for Disease Control and Prevention. Because they're susceptible to severe illness, even relatively few unvaccinated seniors mean more deaths -- and more crowded hospitals -- than would occur in a larger pool of younger adults. … Continued

  • What To Do If You Drop Into The Part D Doughnut Hole Feed

    Voters are worried about the impact that midterm elections could have on Social Security benefits. The U.S. Congressional Budget Office estimates that recent tax reform will add .8 trillion to the federal deficit over the next 10 years. To make matters worse, the Social Security trustees recently reported program financing has eroded, and estimated that the trust funds will run short by 2034, due to lower-than-expected revenue from tax law changes. .A California physician ordered 115 Schedule II drugs (the class at highest risk for addiction) for just one beneficiary in 200Medicare paid 5,711. .The Senate amended and passed the bill 90-2 on March 25, with two Republican Senators voting against it. … Continued

The Social Security hold harmless provision prevents reductions in net Social Security benefits, when the dollar amount of an individual's Medicare Part B increase is greater than the dollar amount of their COLA. In 2019, Barbara may finally see a small boost of about per month after the deduction for her Part B premiums. .The resolution would also allow committees to meet remotely using interactive technology and let members cast votes remotely during the legislative process. .The fundamental fact is that two-thirds of Americans over the age of 65 depend on an average annual Social Security benefit of ,400 for at least half of their income. Yet little consideration has been given so far to the fact that earned income in excess of 3,700 is entirely exempt for the 6.2 percent payroll tax that funds Social Security benefits. TSCL believes that by raising the maximum wage ceiling Congress could significantly reduce the financial crisis facing the system, without causing financial hardship. ."This year's zero COLA combined with next year's insufficient increase will have a devastating impact on the long term adequacy of Social Security benefits for millions of Americans … we hope that you will act swiftly and responsibly before the end of this year," the letter stated. .Safeguarding the health of all Americans and protecting Social Security and Medicare is of primary importance now. The Senior Citizens League is working for legislation that would help strengthen Social Security. How has the coronavirus affected you? Take TSCL's Survey of Senior Costs. .TSCL Calls On Congress To Close The Loop Hole .The state of Virginia, however, offers retirees a chance to retain certain parts of coverage but "opt out" of others. If Paula "opted out" of Part D drug coverage, for example, and took medical, dental, and vision coverage alone, she would pay 6 per month. The portion of the premium for the drug coverage through the state of Virginia was a whopping 4 per month. .Judge Rules Hospitals Must Disclose Prices .Nonetheless, several Senators at Tuesday's hearing urged CMS to consider withdrawing the proposed payment changes. Committee Chairman Orrin Hatch (UT) expressed concerns about the rule's potential unintended consequences. He said: "I believe this experiment is ill-conceived and likely to harm beneficiaries. It is an overreach on the part of CMS that, in my opinion, goes beyond the agency's statutory authority, extends nationwide, and requires all Medicare Part B providers to participate."