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The Senior Citizens League Weekly Update For Week Ending March 13 2020
The situation is affecting lower-income seniors with modest resources because states require single seniors to exhaust nearly all of their assets, including their home equity, to qualify for Medicaid. Meyer reports that "Federal Medicaid rules allow states to exempt the home from consideration of financial eligiblilty if the family is making a good faith effort to sell, but not all states do." Depending on where they live, seniors may not qualify for Medicaid if they can't sell their home. .The President's proposal is likely to increase the already-escalating tension between the drug industry and his administration. The new order comes on the heels of the four executive orders he issued regarding drug prices two weeks ago. .This week, lawmakers in the Senate continued working on plans to reform the healthcare system. In addition, The Senior Citizens League saw five key bills gain new cosponsors in the House. … Continued
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Tag Social Security
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. .Please participate in the 2019 Senior Survey! .While many seniors rely on Social Security for nearly all their retirement income, for others it is part but not all their retirement. Those seniors have investments they rely on to generate the income they need in their retirement years. … Continued
That's why I'm excited and proud to announce TSCL's endorsement of The Guaranteed 3% COLA for Seniors Act (H.R. 3389) introduced in the House by Representative Eliot Engel (NY-16) and its companion bill in the Senate (S. 1923) introduced by Senator Sheldon Whitehouse (RI). TSCL believes this bill will go a long way toward stopping the erosion in the buying power of your Social Security benefits. Now it's your turn. You can help draw attention to this legislation by contacting your Members of Congress and asking them to co-sponsor The Guaranteed 3% COLA for Seniors Act. For contact info or to send an email to your elected lawmakers visit the TSCL at . .TSCL's Endorsement Sought for Social Security Bill .Social Security Subcommittee Discusses Disability Fraud .Congress has spent much of its time over the past two years locked in a rigidly - partisan standoff over the federal budget deficit. But TSCL's new 2012 Senior Survey results suggest that lawmakers may not be paying close enough attention to senior voters — something that may come back to haunt them come November elections. They may be retired but, to seniors, jobs — not benefit cuts — are the key to cutting the federal deficit. .What can you do? Sign one of TSCL's current petitions. .I'm new to Medicare. I didn't realize that Medicare doesn't cover eye or hearing exams like my former insurance at work. My income is pretty low. Where can I go to get these services? .While most in Washington acknowledge this dilemma, and House Republicans have put forward a plan to address the issue, our leaders have yet to agree upon a solution to preserve the program for seniors beyond that date, and instead are pitting each other against seniors. .It's important to compare your prescription drug costs based on the drugs you actually take under Part D and Medicare Advantage plans since that expense for most people is their most significant cost, next to premiums. You can compare Medicare Part D drug plans and Medicare Advantage online at www.Medicare.gov by clicking on the link for "find drug and health plans." You can do a general search based on your zip code, and the drugs you input. .On Monday, Members of the House and Senate returned to Capitol Hill from the month-long August recess and quickly began working on a continuing resolution (CR) to fund the government past September 30th. Originally, leaders in both chambers agreed to keep the CR as "clean" as possible in order to avoid a government shutdown like last year's and to allow lawmakers to quickly resume campaign work for the looming November 4th elections.
