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  • The Advisor Volume 16 May 2011

    Allow states, wholesalers, and pharmacies to import FDA-approved drugs from foreign countries and sell them in the U.S. Trump has long complained that countries where the government sets the price of drugs are taking advantage of American consumers. The order includes a special provision to allow wholesalers and pharmacies to re-import insulin and biological drugs. .TSCL continues to work with Members of Congress to pass "The Notch Fairness Act," legislation which would provide Notch Babies born 1917 through 1926 with a settlement of ,000 or a choice of higher monthly benefits. What you can do: Urge your Members of Congress to co-sponsor and pass "The Notch Fairness Act," H.R. 1001 and S. 118! To learn more about the status of Notch legislation, give us a call 1-800-333-8725. .Since the start of CPI-E in 1983, the average difference between it and the CPI-W is roughly .25 percentage point per year. Sounds tiny but, like interest, it compounds over time. Had the CPI-E been used to determine COLAs since 2015, your benefit would be about 2% higher today. An average benefit of ,215 per month in 2015 will increase to ,298 per month in 2020. But had the CPI-E been used to calculate the COLAs, that benefit would have been per month more or ,324 in 2020. … Continued

  • Video Night In America Tscl Visits Capitol Hill

    Fees vary, and are commonly more than 0 - 0 an hour, with clients frequently committing to buy a package of several sessions. The field is still new and there are not many standards or regulations yet, so it's vital to check a prospective coach's credentials and references. .In January, lawmakers on Capitol Hill will likely begin efforts to repeal the Affordable Care Act, overhaul the tax code, dramatically alter trade deals, and confirm a new Supreme Court Justice. It remains to be seen which other policy issues will be prioritized by the Republican Congress. Efforts to reform the Social Security and Medicare programs have been on the table for years, and in the platform that the Republican party adopted back in July, lawmakers agreed that "of the many reforms being proposed, all options should be considered." Proposals to raise the Medicare eligibility age or to adopt the "chained" CPI – which would result in more slowly-growing Social Security cost-of-living adjustments – could see congressional action in 2017. .What is the current status of the Notch issue? … Continued

The Senate amended and passed the bill 90-2 on March 25, with two Republican Senators voting against it. .The revenues that would be collected based on the 12.4% Social Security tax (the total paid by employee with the employer match) was ,071,619, and averaged 3,581 per CEO. .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." .When there's a COLA as low as 1.3%, a provision of law known as "hold harmless" ensures that an individual's net Social Security benefit will not decrease from December of one year to January of the next, because of an increase in the Part B premium. That's an important protection, but it doesn't go far enough. .A few weeks after a 90-year old woman was moved into an assisted living facility, her daughter was surprised to be told that her mother was a good candidate for hospice. The move to assisted living was only intended for help with her mother's daily care, and her. Another Banner Year For Medicare Fraud? , editor .Nonetheless, several Senators at Tuesday's hearing urged CMS to consider withdrawing the proposed payment changes. Committee Chairman Orrin Hatch (UT) expressed concerns about the rule's potential unintended consequences. He said: "I believe this experiment is ill-conceived and likely to harm beneficiaries. It is an overreach on the part of CMS that, in my opinion, goes beyond the agency's statutory authority, extends nationwide, and requires all Medicare Part B providers to participate." .What We Know and What We are Still Learning .Throughout his testimony, Elmendorf stressed the fact that programs like Social Security and Medicare will continue to grow despite the slow pace of the economic recovery. Over the next ten years, he noted that the number of Americans over the age of sixty-five will increase by one-third. .A growing volume of research is linking problems with eyes, ears, and teeth to health problems elsewhere in the body. Links have been found to heart disease, diabetes, stroke, respiratory illness, cancer, sleep apnea, dementia, and many other serious health conditions. Better care has been found to improve overall health in patients. Mary Johnson – a policy analyst for The Senior Citizens League – said this week, "Adding coverage may help both patients and Medicare save money on other costs."