News
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Drug Pricing Abuse Comes Under New Scrutiny
For details, or to see if your Members of Congress will be holding town hall meetings during the summer recess, call their local offices. You can find contact information HERE. .Two Cosponsors Sign on to Key Bill .TSCL enthusiastically supports H.R. 1795, H.R. 2305, and H.R. 4613, and we look forward to helping build support for them through the remainder of the 113th Congress. … Continued
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Congressional Corner Reduce Deficit In A Balanced Way Not On The Backs Of Seniors
"For the third year in a row, millions of older Americans will once again see no increase in their net operating Social Security payments, particularly if Medicare Part B premiums remain 4 per month in 2018, as currently forecast by the Medicare Trustees," says TSCL's Social Security and Medicare Policy Analyst, Mary Johnson. "The problem is that a substantial portion of beneficiaries currently are paying a Part B premium that is about less than that now," Johnson says. .Resource: Essential Retirement Planning for Solo Agers, A retirement and aging roadmap for single and childless adults, Sara Zeff Geber, PhD .Coronavirus and the U.S. Drug Supply … Continued
President Trump also said this last weekend that over the next 2 weeks he will pursue an executive order requiring health insurers to cover pre-existing conditions. "We will be pursuing a major executive order" on pre-existing conditions, Trump said during a news conference in N.J. .As we all know, senior citizens are the most likely to be hospitalized or die from the Covid-19 virus -- by a wide margin. .Major findings: .Medicare investigations returned for every dollar invested in recent years. Let's tell Congress to stop being so "penny wise and pound foolish." Sequester cuts are like writing a blank check for crooks, and have no place in Medicare fraud control programs. Ask your Member of Congress to cosponsor The PRIME Act (H.R. 2305) and (S.1123.) .Will you be able to Afford the Vaccine for COVID-19 Once it is Developed? .In response to the OIG's findings, Representative Sam Johnson (TX-3) – Chair of the Ways and Means Social Security Subcommittee – said: "Overpayments are bad for everyone – they are bad for the beneficiary and they are bad for the taxpayer. With the disability program going broke next year, it is especially troubling that Social Security is failing to protect precious taxpayer dollars." .2017 Loss of Buying Power Report .Social Security benefits are one of the few sources of retirement benefits to be adjusted for inflation. The intention is to protect the buying power of benefits when prices increase. But retirees frequently notice that over time their Social Security benefits don't buy as much as they used to. This happens when the annual COLA doesn't keep pace with the increases in costs typically experienced by older and disabled beneficiaries. .For example, those living in North Carolina's 3rd congressional district received emails introducing them to Congressman Walter Jones, sponsor of the Social Security Guarantee Act, and consistent supporter of important bills like the Notch Fairness Act and the Social Security Fairness Act. Those living in Oregon's 4th district received emails introducing Congressman Peter DeFazio, sponsor of three critical bills: the CPI-E Act, the Social Security Protection and Truth in Budgeting Act, and the No Loopholes in Social Security Taxes Act. These and other campaign efforts proved to be successful, as many critical lawmakers won their re-election bids and will continue to advocate for seniors in the next session of Congress.
