Notch Reform Feed
Abrupt legislative cuts erode the trust that Congress needs for making far bigger changes in the future. TSCL urges you to engage candidates in conversations about Social Security and Medicare. Let's ask them what their plans are for fixing Social Security and Medicare and what changes they propose that would affect your benefits. .Why Does My Doctor's Office Need to Call My Insurer Before Scheduling a CT Scan? .Baicker, the public policy school dean, thinks public scrutiny will prevent outrageous pricing. The industry has made various pledges, trying to balance corporate citizenship against making eager investors happy: Astra Zeneca has promised 1 billion doses for low- and middle-income countries. Johnson & Johnson says it would make the COVID-19 vaccine available on a "not for profit basis" at for "emergency pandemic use." … Continued
The Senior Citizens League Legislative Update For Janaury 10 2020
Many are wary at this point in time about the likelihood of reaching a deal before the December 31st deadline. On Thursday, Senate Majority Leader Harry Reid (NV) predicted that the Fiscal Cliff would hit as scheduled, saying, "It looks like that's where we're headed." Any hope of reaching a deal now lies in the hands of Majority Leader Reid and Senate Minority Leader Mitch McConnell (KY). .It's unknown whether or not Congress will tackle the SGR before the end of the year, but most Subcommittee Members at Wednesday's hearing did seem set on providing extensions for the other payment provisions that are nearing expiration. .With a majority of seniors today depending on Social Security for at least half of their income over a 20 to 30 years retirement, TSCL opposes proposals that would cut the benefits of current retirees and those nearing retirement. We are continuing to monitor this proposal and waiting to see what legislation may develop. While TSCL believes that changes are needed to ensure that Social Security continues pay scheduled benefits, changes must be kept as small as possible, and phased in over as long a period as possible to allow for future retirees to learn about and adjust their plans. … Continued
For each visitor to our website, The Senior Citizens League collects only the domain name and aggregate information on what pages are visited. This information is used to help improve the content and ease of use of our website. .The deal will likely move to the House and Senate for a vote before the Presidents Day recess begins. .Fraud, waste and abuse are costing taxpayers and seniors an estimated billion a year, but Medicare fails to recover overpayments about 80 percent of the time. The Inspector General recently said that of the 6,287,546 in overpayments identified through the 30-month period ending March 31, 2009, the Centers for Medicare and Medicaid Services (CMS) reported collecting only ,168,50But it gets even worse. The OIG said that it could not verify that the ,168,502 had been collected as reported because CMS did not have an adequate system for documenting overpayment collections. .Source: "2019 Changes to Medicare Advantage and Part D," The National Council on Aging, accessed on October 4, 2018. .The changes closed two claiming tactics known as "file and suspend" and "restricted application for spousal benefits." The claiming strategies have made it possible for both members of a couple who are 66 or older to delay claiming Social Security based on their own earnings records, in order to increase payments, while at the same time one spouse receives a spousal benefit. Alicia Munnell of The Center for Retirement Research at Boston College estimates the changes would save .5 billion per year — a potential cost that would grow over time. .Second, two new cosponsors – Representative Josh Harder (CA-10) and Representative Abby Finkenauer (IA-1) – signed on to the Social Security 2100 Act (H.R. 860), bringing the total up to 20This bill, if adopted, would comprehensively strengthen and reform the Social Security program. .Your responses to our annual Senior Surveys are a key means to helping us convince Congress to move forward on key issues. Please take our 2021 Senior Survey. .TSCL's surveys have found that moving Medicare Part D to a pricing system that has similarities with Medicaid has strong support among older adults. Seventy percent of those who participated in our 2019 Senior Survey support allowing Medicare to negotiate prices for prescription drugs using a similar system to Medicaid's. .Several lawmakers also expressed their concerns about rising prescription drug prices at Wednesday's hearing. When asked whether the administration would take action to assist seniors who fall into Medicare Part D's "doughnut hole," Congressman Price said: "It is imperative that we provide the greatest amount of opportunity for individual seniors to be able to gain access to the drugs that they need." Senator Bill Nelson (FL) expressed his dissatisfaction with that response, saying: "If I gave [seniors] that answer, I would get run out of the room."