News
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56 Of Retirees Think We Need To Invest More In Medicare
The President's favored nations rule has also upset conservative groups along with the industry and patient organizations. Some of those groups had launched a media campaign against the proposal before Trump actually announced it. .On the web: Here's the link to the WTHR TV "Tax Loophole" video or visit www.wthr.com. .Only a little more than half of the nation's nursing homes had received inspections, according to data released earlier this month, which prompted Medicare and Medicaid chief Seema Verma to direct that states complete the checks by July 31 or risk losing federal recovery funds. … Continued
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Q November 2017
Both retirees and the disabled spend a very significant portion of their incomes on healthcare costs. For many, health insurance premiums are the most significant expense that they incur every month. That includes what the government automatically deducts for Medicare Part B, and what individuals shell out for a Medicare Advantage plan or Medigap policy, and Part D drug plan. According to a policy brief from the Kaiser Family Foundation, premiums account for the largest share of Medicare beneficiaries' out-of-pocket health spending. Four-in-ten Medicare beneficiaries spend more than 10 percent of their income on premiums alone. To get a better idea of what the government does track, here's a list from the Bureau of Labor Statistics (BLS). The BLS has classified all expenditure items into more than 200 categories, arranged into eight major groups. Major groups and examples of categories in each include: .For more than three decades the government has quietly made numerous changes to how the cost of living is defined and measured — asserting that the changes make the CPI more accurate. The general public for the most part is unaware of the changes, and more importantly the financial impact on benefits has never been publically disclosed. .In the meantime, TSCL is advocating on Capitol Hill for legislation that would provide immediate assistance to those who fall into the coverage gap. Older Americans living on fixed incomes cannot wait until 2020 for coinsurance in the doughnut hole to drop to 25%. We enthusiastically support the Prescription Drug Affordability Act (S. 2023, H.R. 3513), a bill that would drop the coinsurance to 25% by 2017, three years earlier than current law would. In the months ahead, we will continue to work with its sponsors in the House and Senate to build support for it, and we hope to see it passed into law by the end of this year. … Continued
When support for correcting the Notch reached a head, Congress established a 12-member commission to study the Notch and issue a report. No member appointed to the Commission, however, was on record as supporting the correction of the Notch disparity. On the other hand, a number of members, including the chairman, were on record as opposing such action. The Commission issued its report on December 29, 1994, concluding that "benefits paid to those in the Notch years are equitable, and no remedial legislation is in order." .In the months ahead, The Senior Citizens League will continue to work for enactment of this and other legislation that would strengthen and enhance Social Security benefits for current and future beneficiaries. For progress updates, follow The Senior Citizens League on Twitter and Facebook. . My husband who is diabetic and has high blood pressure, underwent surgery for colon cancer in March of 2020. He recovered and returned to work last summer. Shortly thereafter he had a stroke. He's been unable to work and received short. Q & 038; August 2020 My Ex-Spouse Died. Would I Qualify For Widow's Benefits Even Though I'm Re-married? .How much would chaining the COLA cost you? Use TSCL's new Chained COLA Cut Calculator to calculate your loss. .If you are over the age of 65 and need help paying for eye care services, you might be eligible for help from EyeCare America. This organization is one of the nation's leading public service programs to provide eye care through a group of more than 5,500 volunteer ophthalmologists. According to their website, ninety percent of the care provided is at no out-of-pocket cost to the patient. .When asked whether the waiting periods for disability and Medicare benefits should be eliminated, 67% of TSCL's poll participants support eliminating the waiting periods for both Social Security and Medicare. Only 18% supported keeping both waiting periods, 9% supported eliminating the 2-year wait for Medicare alone, and 5% supported eliminating the 5-month wait for Social Security alone. .This week, the Senate Committee on Health, Education, Labor, and Pensions (HELP) held a hearing on rising prescription drug costs. In addition, The Senior Citizens League (TSCL) saw two key bills gain support in the House of Representatives. .In the coming weeks and months, TSCL looks forward to working with Congressman Duncan's office to build bipartisan support for the CPI for Seniors Act. For updates on the progress of the bill, click HERE for visit the Bill Tracking section of our website. .Second, two new cosponsors – Senator Amy Klobuchar (MN) and Senator Cindy Hyde-Smith (MS) – signed on to the bipartisan Concentrating on High-Value Alzheimer's Needs to Get to an End (CHANGE) Act (S. 2387), bringing the total up to eight. If adopted, it would direct the Centers for Medicare and Medicaid Services to create programs that would promote early identification of Alzheimer's disease, improve support for family caregivers, and provide continuous care for those battling many forms of dementia.
