

News
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Medicare Now Covers Testing For Coronavirus
Doughnut hole or coverage gap stage: 5.76. .Since the November announcement from UnitedHealth, doctors have started to receive termination letters citing "significant changes and pressures in the health-care environment." Doctors who receive the notices had only thirty days to appeal the decision, and if they are dropped from the network, their patients may not find out until they go to schedule their next appointment. .Five years after IPAB's creation, it still has no appointed members and, due to record-low growth in healthcare costs, it hasn't been triggered to make recommendations to Congress yet. Sylvia Mathews Burwell, Secretary of the Department of Health and Human Services, says she doesn't expect it to be triggered until 201But hundreds of lawmakers have serious concerns about the prospect of the board since it would be comprised of unelected and unaccountable appointees. They are hoping to pass legislation that would do away with it by the end of this year. … Continued
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Ask The Advisor September 2012
In his ruling the California judge admonished the federal government for skipping a key step in the rulemaking process and called the government's reasons for doing so "contrived." .As of yet the White House has not put out President Biden's plans for drug pricing legislation, or how strongly they will push for it. .I worked in a California city police department for 30 years and I'm now entitled to a pension. For the past 8 years, I've also paid into Social Security for self-employment earnings from a small company that I own. My accountant tells me that, in order to qualify for Social Security benefits, I should continue to work at my company and send in in two more years' worth of taxes. Will this be worth it? … Continued
In the absence of reliable data, we decided to ask the experts about the possibility of contracting the virus while on a flight. On the whole, airplanes on their own provide generally safe environments when it comes to air quality, but experts said the risk for infection depends largely on policies airlines may have in place regarding passenger seating, masking and boarding time. .Proponents of cutting benefits argue that Social Security, as it is currently structured, is unstainable because there are fewer workers to support current retirees. Social Security is estimated to run short of funds in about 15 years. Without changes and soon, Social Security benefits would have to be reduced by about 22% to match the amount of revenues that the program receives. .The report found similar price disparities in expensive specialty drugs that treat complicated conditions like cancer. .As the Representative for Indiana's Seventh Congressional District, I have had the opportunity to meet and talk with many seniors during my Medicare forums. These seniors have uniformly shared concern that they will bear the lion's share of the burden of Congress' failure to come to a constructive resolution on our nation's debt. As cuts to Medicare and Social Security have been put on the table, seniors are wondering whether their health or their standard of living is in jeopardy. In this difficult economic climate, we must ensure that changes to either of these programs do not deprive seniors of the ability to fend for themselves. .An extremely low COLA (including the 1.3% that we are forecasting for 2021) could trigger a special provision of law that can cause Part B premiums to spike. That's especially true when combined with the higher than forecast Medicare outlays due to COVID-19, and the need to replenish program reserves. ."Even though Medicare premiums and out-of-pocket drug costs are the fastest growing and biggest financial challenge in retirement, that growth is not accounted for in the annual COLA," Johnson says. The consumer price index used to calculate the COLA for retirees reflects the spending pattern of young urban workers, and explicitly excludes people over the age 6But younger workers don't get Medicare, and spend a much lower portion of their incomes on healthcare. .This week, one new cosponsor – Rep. Zoe Lofgren (CA-19) – signed on to Rep. Grace Meng's (NY-6) Notch Fairness Act (H.R. 314), bringing the total up to twelve. If signed into law, H.R. 314 would provide modest compensation to victims of the Social Security Notch, or those who were born between 1917 and 1926. .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. .Talk with people at your local Area Agency on Aging or local senior services organizations. Find out about the senior housing options in your area, what they cost , and whether there are any charitable senior living programs that can help people like your mother until her home sells.