News
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Category Issues Social Security Faqs Page 3
The second bill is H.R. 1215, which would establish an office within the Federal Trade Commission and an outside advisory group to prevent fraud targeting seniors and to direct the Commission to include additional information in an annual report to Congress on fraud targeting seniors. .Between age 55 and 64, it's as if our body's warranty expires and everything just crashes. By the time we turn 65 and eligible for Medicare, chances are we may have a chronic health condition that requires regular check-ups. Often, it's insidiously hard to tell whether a problem really is serious or whether it's just a "natural part of growing older," which in any case feels just as crummy. .In 2015, the Senate Finance Committee came up with a simpler explanation for high drug prices. After reviewing 20,000 pages of company documents, it found that Gilead Sciences had what the committee's ranking Democratic member, Ron Wyden of Oregon, called "a calculated scheme for pricing and marketing its hepatitis C drug based on one primary goal, maximizing revenue." … Continued
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Notch Reform
At this point, it appears as though Burwell is on an easy road to confirmation. She will face two votes in the coming weeks – one from the Finance Committee and one from the full Senate. TSCL will keep a close eye on the nomination process since the outcome will have a considerable impact on the future of the Social Security and Medicare programs. For updates, visit the Legislative News section of our website. .This week, lawmakers remained in their home states and districts to continue campaigning for the November 8th elections. They are expected to return to Capitol Hill in mid-November to begin the lame duck session of Congress. Until then, most lawmakers will be attending local events and holding town hall meetings in their home states and districts. .People frequently say they are "not ready" to move into a senior living facility, but the thoughtful solo adults who cherish their independence might be convinced that, by making decisions ahead of time when they are still healthy, is how one preserves that autonomy. Waiting until a health crisis could mean winding up where someone else decides she or he needs to be. … Continued
Nine prominent physician groups recently released lists of 45 common tests and treatments they say are often unnecessary. The problem is costing you dearly — as much as one third of every healthcare dollar, researchers say. As someone supposed to be giving you tips on how to save money, I'm embarrassed to admit that earlier this year I was a victim of overzealous medical testing. I'm not on Medicare yet, but what happened to me is happening to millions of those of you who are. .Immigration Appeal Rejected by Court .On Wednesday, the Ways and Means Social Security Subcommittee met to discuss fraud, waste, and abuse within the Disability Insurance (DI) program. Subcommittee members heard from two expert witnesses – Sean Brune of the Social Security Administration (SSA) and Seto Bagdoyan of the Government Accountability Office (GAO) – on recent progress the administration has made in detecting and preventing fraud. .TSCL is a non-partisan organization which means we work with whomever supports our legislative agenda, regardless of what party they belong to. We look forward to working with the new chairmen and women of the various Senate committees and with the minority members of the committees in achieving our goals. .Includes new and stronger penalties for Social Security fraud by attorneys, physicians, and others who receive fees for advising disability applicants. ."Sorting this out isn't easy for most seniors or family members who try to help them," Johnson admits. "Medicare Part D can befuddle all of us," Johnson says. "But comparing plans saves so much -- where else are you going to get this sort of return for your time?" Johnson wryly notes. "Just do it. If you don't have computer access, or just are not sure how to start, get the help of a Medicare benefits counselor from your State Health Insurance Program (SHIP), " Johnson urges. Many of the programs operate through local Area Agencies on Aging or you can call the Eldercare Locator at 1-800-677-1116, or call Medicare at 1-800-MEDICARE ( 7). .The Senior Citizens League agrees with Senator Brown, and we oppose the proposal since it would negatively impact Social Security's finances and the retirement security of future beneficiaries. In the days ahead, Senator Marco Rubio (FL) and Senator Joni Ernst (IA) are expected to introduce the proposal as legislation, and TSCL's legislative team will monitor its movement closely. For updates, follow TSCL on Twitter or visit the Legislative News section of our website. .In his speech, President Obama also spoke briefly about a new retirement savings plan that will allow citizens to invest in low-risk Treasury bonds through "myRA" accounts. Shortly after the speech, he signed a presidential memorandum directing the Treasury Department to create the new plans. While TSCL agrees that saving for retirement is crucial for younger generations, we were disappointed that the President did not propose any efforts to assist today's seniors. Most Americans over the age of sixty-five rely heavily upon their Social Security checks to meet their daily needs. However, our research shows that seniors are unable to keep up with rising costs – their expenses are rising more than twice as fast as the Social Security cost-of-living adjustment. We strongly believe that Congress should act soon to restore the purchasing power of Social Security benefits. .Federal agencies shut down this week as Members of Congress failed to adopt a stopgap funding measure before the October 1st deadline. In addition, The Senior Citizens League (TSCL) saw one key bill gain support.
