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Source: "Senators Introduced Medicare Reform Plan: The Congressional Health Care for Seniors Act," Paul.Senate.Gov, March 15, 2012. .What Did My Member of Congress Mean By That? .First, one new cosponsor – Representative Mike Quigley (IL-5) – signed on to the bipartisan Social Security Fairness Act (H.R. 1205), bringing the total up to 19If adopted, H.R. 1205 would repeal the Government Pension Offset (GPO) and the Windfall Elimination Provision (WEP) – two provisions that unfairly reduce the Social Security benefits of millions of teachers, police officers, and other state and local government employees each year. It would ensure that public servants receive the Social Security benefits they have earned and deserve. … Continued
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2015 2015 Annual Survey Senior Costs Study Methodology
Easier Said Than Done: Public Unconvinced That Medicaid Spending Should Be Cut .Your cost-of-living adjustment (COLA) "overpays" you. Yes, that is an outrageous statement — especially since you haven't gotten a COLA boost for two years. Nevertheless, calling it "The Moment of Truth Project," that's what the President's Fiscal Commission is saying in making the case for the government to switch to a more slowly- growing "chained" Consumer Price Index (CPI). .Here's how we got here: The hold harmless provision was triggered nationally in 2016 when the Social Security Administration announced that there would be no COLA payable, due to a drop in inflation. Barbara's Medicare Part B premium stayed the same as it was the year before, at 4.90, even though Medicare Part B premiums in 2016 jumped to 1.80 for about 30% of beneficiaries, such as new enrollees who were not protected by the hold harmless provision. … Continued
The majority of seniors aged 65 who get Social Security depend on it for at least 50 percent of their income. Average benefits today only total about ,200 a year. .On Wednesday, President Donald Trump signed two bills – the Know the Lowest Price Act (S. 2553) and the Patient Right to Know Drug Prices Act (S. 2554) – into law that will protect Medicare beneficiaries and privately insured individuals from "gag clauses" at pharmacies. "Gag clauses" prevent pharmacists from telling consumers when it would be cheaper to purchase their prescriptions out-of-pocket than through their Medicare Part D or health insurance plans. .The Part B and Part D deductible period starts on January 1 of each year and ends on December 3If you were healthy during the year, but require doctor's services in November for the first time and the charge is 0, then you (or possibly your supplemental insurance plan) will have to pay that charge. If you don't see the doctor again until January, you start a whole new deductible period. If he charges you 0 again, then you or your insurer will pay the 0 again. ."The last thing struggling Americans need right now is a secret panel designed to slash their earned benefits and further undermine their economic security," House Ways and Means Chairman Richard Neal (D-Mass.) said in a statement. "I wholeheartedly object to the TRUST Act and will fight against its nefarious inclusion in any upcoming relief package." .A new report has found that millions of senior Americans are missing out on over billion in benefits that help pay for healthcare, prescriptions, food, and utilities. TSCL is concerned that many Notch Babies may be missing out on these benefits that help those with limited income and resources, because they may not realize they are eligible. Many seniors struggle to pay for daily necessities like healthcare, medicine, housing, home energy and food. In addition many of these same older adults have one or more chronic health conditions like cancer, heart disease, diabetes, or arthritis resulting in higher healthcare costs and limitations on daily activities. .Prosecutors say Marrero used his ill-gotten proceeds to collect a couple of Lamborghinis, a Ferrari and a Bentley. The indictment stated that Marrero and his wife also paid thousands of dollars a month to a "recruiter," Enrique Rodriguez, who supplied patients having Medicare cards. Rodriguez is accused of bribing patients to participate. .Senate Adopts Budget Resolution .Cutting off the flow of benefits when a Social Security recipient dies is important to protect program finances from going to people who aren't entitled to them. The Social Security Administration maintains a list of deceased beneficiaries called the "Death Master File" to help public agencies and private companies know when a Social Security number is no longer valid. Keeping that list up to date is vitally important. But a new report from the Inspector General of the Social Security Administration confirms that the Social Security Administration indeed has a major problem. .On Monday, President Obama released his .8 trillion budget request for fiscal 2013, calling it "a blueprint for how we can rebuild an economy where hard work pays off and responsibility is rewarded." While the proposal leaves Social Security as is, many Medicare beneficiaries – especially those considered "high earners" – would see major changes.
