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Category News Press Releases Page 4
My prescription for Lantus and blood pressure medicine has skyrocketed recently. When I called Humana, they said they are dealing with Covid-19, and costs have increased. The new price is at a level that makes it impossible for me to afford the medicine I need. I don't know what to do now. Any help is appreciated. — Robert N. FL .Wages in the ESF since the end of 1999 grew by 3.20 billion to 5 billion, nearly doubling from 1.8 billion. In other words, it took 63 years to accumulate 1.8 billion in wages in the ESF. In the five most recent years, the amount of wages rose by 93%. This growth is illustrated in the charts in Tables 1, 2 and 3, which follow. .Because of the strong push on the part of the President and members of Congress to find a way to lower drug prices, and getting drugs from other countries where the cost is lower has become popular as a solution, the Food and Drug Administration (FDA) recently released a proposal to let states submit drug importation plans for federal approval. … Continued
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Medicare Costs Too High Three Medicare Proposals That Would Make You Pay Even More Feed
Before spending the money, you may be able to accomplish a lot of your own retirement planning by exploring free or low-cost resources in your community. Try starting with educational programs offered by your local senior center, community college or public universities. Ask about classes and workshops specifically designed to help people over 60 learn about and think through major aspects of retirement and aging. Here are some questions to help get you started: .If more than 12 months have passed, the plan should disenroll your mom, and her Special Enrollment Period should begin at the beginning of the twelfth month and continue through the end of the fourteenth month after the move. .The implication that older Americans don't need their Social Security and Medicare benefits, and that seniors are demanding theirs at the expense of the young, is a nasty tactic that's not supported by the facts. According to the Social Security Administration, 50 percent of people age 65 and older have a total income of ,857 —hardly rolling in dough. Yet, those same seniors spend an average of 15 percent of their incomes on healthcare costs — a portion that is rapidly growing. … Continued
Social Security was never designed to be the sole source of retirement income. It replaces around 40 percent of the average earnings of its beneficiaries. Pensions and savings form the two other major streams of retirement income, but people who retire with all three sources of retirement income are rare. Even worse, recent research from the National Institute of Retirement Security found that more than 40% of older adults have no retirement income other than Social Security. .Compare your drug and health plan options NOW during the Medicare Open Enrollment period before it ends on December 7th. Does your current drug plan even cover your expensive new prescription? If not, you need to check your other options. Chances are another plan will. Use the Drug and Health Plan Finder at www.Medicare.gov. Make sure you carefully enter every prescription drug you take in order to get a custom comparison of your best drug plan choices. Costs can vary by hundreds, even thousands, of dollars, and you may be very surprised by the savings from switching to a better plan. .Seniors have lost almost one-third of their buying power since 2000, according to the 2013 Annual Survey of Senior Costs, conducted by The Senior Citizens League (TSCL). TSCL's latest report adds fuel to the heated debate over controversial budget proposals to cut Social Security cost-of-living adjustments (COLAs). .This week, two new cosponsors – Representatives Michelle Lujan Grisham (NM-1) and Mike Coffman (CO-6) – signed on to the Credit for Caring Act (H.R. 4708), bringing the cosponsor total up to five. If signed into law, the bill would provide eligible caregivers with a new tax credit equal to 30 percent of all expenses greater than ,000, and capped at ,000 per year. .Failure to balance between price and services. Assisted living and continuing care communities can be very expensive and more people are living longer in these facilities. It's important to make finances last while maintaining access to the best care. When exploring options, don't be afraid to look into facilities in areas that have lower costs of living, even if you won't be able to visit with your family every single day. What you give up in fancy features, you may trade off with more affordable rents, and service fees, more personal attention, while still getting high standards of care. .That's sensible, practical – and fair. It asks those who have benefited most from wealth inequality to pay their proper share of payroll taxes. .While employment plunged at the height of the recession in 2009, new data from the Social Security Administration (SSA) suggests that millions of illegal immigrant workers hung onto their jobs. Employers sent in 7.7 million wage reports of workers whose names and Social Security numbers (SSN) don't match those on the SSA's files for 200The "mismatched" wage reports are frequently caused when the SSA receives copies of W2s for illegals who work under stolen, false or invalid SSNs. Although employment among illegal workers appears to have declined in 2009, the number of such "mismatched" wage reports that the SSA received from 2000 - 2009 averaged 9.5 million per year. .The Safe and Affordable Drugs from Canada Act (S. 61), introduced by Senators Chuck Grassley (IA) and Amy Klobuchar (MN), would allow individuals to safely import prescriptions from approved pharmacies in Canada. .When we contacted the governor's office for evidence to back up DeSantis' comments, press secretary Cody McCloud didn't produce any studies or statistics. Instead, he cited the Florida Department of Health's contact tracing program, writing that it "has not yielded any information that would suggest any patients have been infected while travelling on a commercial aircraft."