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  • Category Legislative News Page 40

    If signed into law, S. 960 would base Social Security cost-of-living adjustments on the Consumer Price Index for Elderly Consumers (CPI-E) and gradually phase out the cap on income subject to the payroll tax. .Source: The Full Retirement Age is Increasing, Social Security Administration, July 23, 20http://www.socialsecurity.gov/pubs/ageincrease.htm .A 2.8 percent COLA would be the largest since 2012, but according to The Senior Citizens League's Social Security Policy Analyst Mary Johnson, "Retirees may be disappointed when they learn what the cost of their Medicare premiums and prescription drugs will be for 2019." … Continued

  • Social Security Medicare Questions May 2011 Advisor

    28% Of Medicare Beneficiaries Hit Doughnut Hole In 2015 .The Senior Citizens League was pleased to see support grow for these three bills this week, and we thank the new cosponsors for their support. In the months ahead, we will continue to advocate for the passage of the Social Security Fairness Act, the Social Security 2100 Act, and the Fair COLA for Seniors Act, and we urge Congress to enact them this year. .Susan's son Andrew requires an expensive anti-convulsive medication, Depakote Sprinkles. None of his Part D plan choices covers the brand drug — which can cost ,099 a year retail — only the generic version. But for Andrew, the generic doesn't work, and he has suffered seizures while using it. Susan learned, however, from Advisor editor Mary Johnson, that because Andrew receives Medicare Extra Help, his doctor can ask his drug plan for a coverage exception. Since starting Medicare, Andrew has received coverage for Depakote in each of his Part D plan choices. … Continued

The Medicare Hospital Trust Fund is Running Out of Money .A loop-hole in current Social Security law could allow millions of Mexican workers and their dependents to eventually collect Social Security benefits for earnings while working under fraudulent, or non-work-authorized, Social Security numbers. .Some 13% of the people who receive both Medicare and Medicaid are 85 and older. The youngest Notch Babies turn 85 this year, while the oldest turn 9That's approximately 1.17 million. TSCL believes that roughly one quarter of Notch Babies receive Medicaid as well as Medicare. .Early Efforts to Hold Congress to Its Promise Leads to a Notch Commission .Legislation to Stop Medicare Cuts Passes in Senate .How do I go about contacting the Social Security Administration? .The Biomedical Advanced Research and Development Authority, a federal agency known as BARDA, is giving Moderna up to 3 million for late-stage development of its vaccine. .The following Members of Congress, among many others, will be holding town hall meetings this week: Sen. Bill Cassidy (LA), Sen. Michael Crapo (ID), Sen. Jerry Moran (KS), Sen. Pat Roberts (KS), Rep. Garret Graves (LA-6), Rep. Jody Hice (GA-10), Rep. Mark DeSaulnier (CA-11), Rep. Hakeem Jeffries (NY-8), Rep. Will Hurd (TX-23), Rep. Diane Black (TN-6), Rep. Suzanne Bonamici (OR-1), Rep. Bradley Byrne (AL-1), Rep. Kevin Cramer (ND), Rep. Raul Labrador (ID-1), Rep. Joyce Beatty (OH-3), Rep. Brett Guthrie (KY-2), Rep. Thomas Massie (KY-4), Rep. Tom Rice (SC-7), Rep. Mimi Walters (CA-45), Rep. Bruce Westerman (AR-4), Rep. Tom Emmer (MN-6), Rep. Tom McClintock (CA-4), Rep. Mark Amodei (NV-2), Rep. Steve Cohen (TN-9), and Rep. Bill Pascrell (NJ-9). .The Medicare portion of spending, officials say, grew 6.2 percent in 2011, after growing just 4.3 percent in 20A major factor holding down costs was the recession. As tens of thousands of working seniors lost jobs, and their healthcare coverage, other seniors were hit by the crash of retirement savings and real estate values. This was followed by two years without any cost-of-living adjustment (COLA) in 2010 or 2011.