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Social Security And Medicare Cuts Part Of Deficit Plan Feed
One can't write about Medicare as I do without learning that Medicare has requirements for everything. Lots of requirements.. Medicare Starts Mailing New Cards In April — Beware Of Scams! Start watching the mail for your new Medicare card. The Center for Medicare and Medicaid Services will start mailing the cards this month and plans to replace all existing Medicare cards over the next year — by April of 2019. .The letter that TSCL delivered to congressional leaders this week urged lawmakers to begin immediate discussions about lifting the debt limit and preventing a default on the federal debt. Art Cooper – Chairman of TSCL's Board of Trustees – wrote: "Our supporters nation-wide hope you will act swiftly and responsibly to avert delays in Social Security benefits and payments to Medicare providers, and they will not tolerate additional cuts to their earned Social Security benefits." .Telephone scammers are bilking Medicare out of billions of dollars, and bombarding millions of older U.S. consumers with multiple daily automated phone calls for everything from "free" back braces to genetic tests. While Medicare scams have been with us for decades, what's new is the use of automated calling technology, and the massive international scale of the scams. … Continued
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Congressional Corner Seniors Deserve Dignity Security Im Fighting Congress
This study illustrates why legislation is needed to provide a more fair and adequate COLA. To put it in perspective, for every 0 worth of groceries a retiree could afford in 2000, that individual can only buy worth today. .Want more information on the 2015 COLA Announcement? Read TSCL's latest press release .That does raise a fair question about conflict of interest: If something was not in the best interest of seniors but would raise millions of dollars for AARP through insurance sales, would AARP put principle ahead of profit? … Continued
Both bills were adopted by the Senate earlier this year and by the House two weeks ago. At a signing ceremony on Wednesday, President Trump said: "This is very strong legislation to end these ‘gag clauses' once and for all … Our citizens deserve to know the lowest price available at our pharmacies, and now that's what they'll be getting." . How much would delaying retirement benefits after my full retirement age be worth? I turn 66 in August. .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. .TSCL supports several bills in the House that would strengthen your Social Security benefits by indexing the COLA using the CPI-E. Visit us at www.SeniorsLeague to learn the latest on this legislation and what you can do to help move this legislation in Congress! .But 2 million retirees receiving Social Security benefits of less than 0 per month in 2018, won't see an increase after the deduction for their Medicare Part B premiums. Part B premiums will increase by more than .50, for this group of retirees because they are paying less than the current Part B premium of 4 today. This is due to the effects of the Social Security "hold harmless" provision. .On Wednesday, the Senate Special Committee on Aging held a hearing titled "Maximizing Your Social Security Benefits: What You Need to Know." The Committee heard from a panel of experts, including Virginia Reno – Deputy Commissioner for Retirement and Disability Policy at the Social Security Administration (SSA) – and William Meyer – CEO of Social Security Solutions, Inc., a private firm that provides financial advice to retirees. .If all this sounds complicated — it is. But comparing these costs is well worth the effort. Depending on what you have now, Medicare may wind up saving you a considerable sum, and provide lower deductibles than what you get through your employer. This decision is important to get right, especially if you are married and your spouse is also getting health insurance through your employer's plan. If so, caution is advised because your decision affects your spouse's coverage. .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. .By Representative Mike Kelly (PA-3)
