News

  • New Chart From The Senior Citizens League Shows Top 10 Growing Costs For Older Consumers

    Source: "The 2018 Long-Term Budget Outlook," The Congressional Budget Office, June 2018. .Among the bills that make up the GOP plan is one that would establish congressional review boards to examine the long-term solvency of the three trust funds, a topic that long has been politically fraught. .Thousands of The Senior Citizens League's supporters – including the 800 petition signers – have told us they are failing to keep up with rising costs, and they are forced every day to make tough decisions about how they will spend their Social Security checks. To address this growing issue, The Senior Citizens League and its supporters urge Congress to adopt the Social Security Expansion Act (S. 427) before the end of the 115th Congress. … Continued

  • Four Secrets To Maximizing Your Social Security Benefit

    Social Security Can Be Fixed Without Benefit Cuts .Town Hall Question: Many doctors are threatening to stop seeing Medicare patients if the sustainable growth rate formula is not repealed and replaced. What do you feel should be done about this? .Fraudulent Use of Social Security Numbers Is Not Penalized … Continued

We have heard such offers before. Pharmaceutical companies routinely provide coupons to cover patient copayments for expensive drugs so that we do not squawk when they charge our insurance company tens of thousands for the medicine, driving up premiums year after year. A naloxone injector to reverse heroin overdoses is given free to some clinics but priced at thousands for the rest. .To stay updated on the progress of prescription drug legislation, check back every Friday morning to read our weekly Legislative News summary. .The resolution would also allow committees to meet remotely using interactive technology and let members cast votes remotely during the legislative process. .At Wednesday's hearing, key witnesses made several recommendations for improving the process. Sita Nataraj Slavov – Professor of Public Policy at George Mason University – suggested that SSA stop using the term "retirement age" since it suggests that individuals should claim benefits immediately after they stop working. She also recommended that SSA begin referring to age 70 as the "full" retirement age since it is the age at which benefits are the highest. In addition, William Meyer of Social Security Solutions, Inc. suggested that SSA notify individuals of the annual difference in benefits they would receive if they delayed filing for one year. .Because the House of Representatives has 435 members its rules are much less complicated than the Senate's, which has 100 members. If the House had the same rules as the Senate, nothing would ever be accomplished. .But New Co-Pay "Tiers" May Raise Some Costs .The Social Security Expansion Act (S. 731), introduced by Senator Bernie Sanders (VT). Like the 2100 Act, this bill would adopt the CPI-E and create a new minimum benefit to keep retirees out of poverty. It would also provide the average beneficiary with a per month benefit increase – an amount that TSCL believes is fair and necessary. In last month's issue of TSCL's Advisor, Sen. Sanders wrote: "Poll after poll has shown the American public supports expanding Social Security. Its time Congress listens to the American people … not the Wall Street millionaires who want to cut it." .Consequently, Social Security recipients with the lowest benefits may not see much of an increase at all after Medicare Part B premiums are deducted. Those with benefits of about 0 or less are at risk of seeing the Part B premiums consume their entire COLA, leaving nothing extra left over to deal with other rising costs. .Tucked away into the President's health care law is a little-known tax increase that's scheduled to hit seniors in 201If allowed to go forward, they will find themselves facing hundreds of dollars in higher taxes – at a time when many can least afford it.