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Congressional Corner By Representative Ted Deutch Fl
Can your husband do the work he did previously? If he can, your husband would not qualify. .In 2014, 218,000 mature workers indicated to the Bureau of Labor Statistics that they were discouraged by their jobs prospects. Many felt that they lacked the necessary skills or training for available jobs. We need to arm mature workers with better skills so they have the confidence to find a better job and earn a better wage. .This question is signficant in light of proposals to "reform" Social Security. Several proposals, including "progressive indexing" of the benefit formula, involve changes similar to those that were enacted in 1977 that led to the Notch disparity. When proposals to change the benefit formula are debated, Members of Congress, the media, and the public tend to focus on the anticipated percentage of reduction. The danger of doing this, however, is that the assumptions used at the time often bear little resemblence to what accually occurs. … Continued
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More Doctors Could Be On The Way To Underserved Areas Of The U S
Regarding Medicare, the budget blueprint calls for increased means testing for Parts B and D, and it would increase out-of-pocket spending for new beneficiaries by charging them co-payments for home health services, and by adding a surcharge to certain Medigap plans. TSCL fears that these added costs for beneficiaries could result in some unforeseen consequences. .Low-income "dual eligibles" — Medicare beneficiaries whose incomes are so low that they are also eligible for Medicaid. Part B premiums are paid on their behalf by their state Medicaid program (about 19% of beneficiaries).[4] .This week, Rep. Jo Ann Emerson (MO-8) introduced H.R. 239, The Notch Baby Act. The Notch Baby Act, if signed into law, would grant an improved benefit computation for those born between 1917 and 1926, Notch Babies. The formula is slightly different than that used in Rep. Ralph Hall's (TX-4) Notch Fairness Act and does not have a cap on costs. … Continued
One new cosponsor also signed on to Rep. Eliot Engel's (NY-16) Guaranteed 3% COLA Act (H.R. 1585) this week. His bill would ensure that the annual COLA is no less than 3 percent. Rep. Matt Cartwright (PA-17) signed on, and he is the bill's first cosponsor. .,000 Notch Fairness Act Reintroduced .The committee found that AbbVie inflated prices for the drugs while its executives pocketed growing bonuses. The committee's two-year investigation found that AbbVie "pursued a variety of tactics to increase drug sales while raising prices for Americans, including exploiting the patent system to extend its market monopoly, abusing orphan drug protections to further block competition, and engaging in anticompetitive pricing practices." .While the Commission's plan received the support of a majority of the 18-member commission, the plan was three votes shy of the 14 votes needed to force Congressional action. Nevertheless, both President Obama and Congressional leaders said they would include many of the recommended proposals in their upcoming budgets for fiscal 2012, which are due soon. .It's smart to compare your health insurance options. Your Initial Enrollment period for Medicare begins three months before you attain age 65, the month you turn 65, and ends three months after you attain 6If you decide in favor of starting Medicare as soon as you are eligible, then you would want to shop and compare coverage costs now. .The provision only protects an estimated 70 percent of beneficiaries (almost 43 million beneficiaries) from increases in the Medicare Part B premium that exceed the dollar amount of their COLA. When an individual's Part B premium increases more than the dollar amount of their COLA, the Part B premium is reduced to prevent a reduction in net Social Security benefits from one year to the next. .Congressional leaders have already given up on the idea of fully funding the government for the entire 2022 fiscal year and instead the current plan is to pass a "continuing resolution" (CR) that will fund the government at current levels until December The idea is to give them more time to craft the legislation needed to fully fund the new fiscal year. .Senate Committee Discusses Drug Costs .(Washington, DC) – A budget proposal to switch to an alternate consumer price index, for calculating the annual Social Security cost – of - living - adjustment (COLA) is a bad deal for older and disabled Americans, says The Senior Citizens League (TSCL). The proposed "chained" consumer price index (CPI) would grow even more slowly than the conventional one that is currently used to determine the annual COLA.
