News

  • Tscl Files Third Foia Lawsuit

    Medicare's Trustees reported in April that the Part A Trust Fund, which covers hospital insurance and inpatient care, would run out of money by 202That estimate, however, does not factor in the impact of the coronavirus on the program. New estimates are coming in that the pandemic could cause the Part A Trust Fund to become insolvent much sooner. The Committee for a Responsible Federal Budget, a group of nonpartisan budget experts focused on fiscal policy, estimates that the pandemic will cause Medicare Part A to run low in 2023 or 2024 —as little as two to three years from now. .Compounding the problem, in 2004 the U.S. and Mexico signed a totalization agreement allowing people who split their careers between two countries to receive a harmonized retirement benefit from the two governments. Since 1978, the U.S. has entered into similar agreements with 21 countries, and, as with previous agreements, the U.S.- Mexico totalization agreement applies only to legal U.S. residents. .Lawmakers Advance Short-Term Funding Measure … Continued

  • Ask The Advisor Home Sale Stalled But Mom Needs To Move

    By Rick Delaney, Chairman of the Board, TSCL .When asked what portion of Social Security benefits retirees spent on healthcare here's how survey participants responded: .This study illustrates why legislation is needed to provide a more fair and adequate COLA. To put it in perspective, for every 0 worth of groceries a retiree could afford in 2000, that individual can only buy worth today. … Continued

Although many older Americans continue to face challenges as they approach retirement, Congress can and should do more to ensure that no retiring American needs to worry about making ends meet. .While that may solve one problem in trying to find the most affordable health care, it's not clear it will solve many others that still exist. .In the coming weeks and months, TSCL looks forward to working with Congressman Duncan's office to build bipartisan support for the CPI for Seniors Act. For updates on the progress of the bill, click HERE for visit the Bill Tracking section of our website. .Open enrollment for Medicare Advantage (MA) plans is now in progress, and before selecting or renewing your current plan, The Senior Citizens League (TSCL) encourages all members and supporters to explore their options diligently. According to the Congressional Budget Office, more than 0 billion will be cut from the program by 2023 due to requirements under the Affordable Care Act (ACA), and many MA plans may be making modifications to benefit packages and provider networks that could affect enrollees significantly. .On Thursday, lawmakers in the House began considering legislation (H.R. 1190) to repeal the IPAB, the unelected 15-member board that was created by the Affordable Care Act (ACA) to manage Medicare's growth. The House Ways and Means Committee advanced the bill with a vote of 31-8 two weeks ago, and earlier this week it was approved by the House Rules Committee. .Uncovered healthcare costs — In planning your budget, include costs that Medicare doesn't cover — dental care, eye exams and eyeglasses, for example. When shopping health plans, some MA plans may offer extra benefits like these. .Comprehensive Social Security Reform .Sources: "Choices for Debt Reduction," The Congressional Budget Office, November 2012. .In places where state officials claimed that in-person inspections have taken place, the reports found no issues in most cases, even as Covid-19 claimed more than 31,000 deaths in nursing homes. Less than 3 percent of the more than 5,700 inspection surveys the federal government released this month had any infection control deficiencies, according to a report on Thursday by the Center for Medicare Advocacy, a nonprofit patient activist group.