News
-
Category Legislative News Page 57
Consequently, Medicare spent billion in 2013 but paid out billion by 2017 for these treatments. In addition, neurology medicines, mostly those used to combat multiple sclerosis, accounted for more than 50% of total Medicare payments, despite representing just 4% of all claims filed. .Medicare Part B enrollees who don't receive Social Security benefits. This includes people who have delayed the start of Social Security and all people who are billed for Medicare. According to the Kaiser Family Foundation, in 2013 about half of all people on Medicare who don't receive Social Security yet had incomes below ,000. .TSCL Endorses Social Security Administration Fairness Act … Continued
-
Tscl Grassroots Spotlight
The Social Security 2100 Act — In the 115th Congress, Congressman John Larson's (CT-1) Social Security 2100 Act gained the support of more than 170 cosponsors, but unfortunately it was not brought to the House floor for a vote. In TSCL's December meeting with Congressman Larson's staff, he agreed to re-introduce the bill at the start of the 116th Congress, and to convene several hearings on the bill as the new Chairman of the House Ways and Means Social Security Subcommittee in the 116th TSCL is confident that the bill will be advanced by the House of Representatives by the end of this year. .Other countries, such as Britain, take a more head-on approach: a national body does a cost-benefit analysis regarding the price at which a new drug is worth being made available to its citizens. Health authorities then use that information to negotiate with a drug maker on price and to develop a national reimbursement plan. .How To Grow Your Initial Retirement Benefit By 8% Per Year Until Age 70. If you have the choice, learn how delaying your retirement benefit can result in a higher benefit and pay a return today's CDs and most bonds can't touch. … Continued
This week, the Senate Finance Committee met to discuss the proposed Medicare Part B drug demonstration program with Dr. Patrick Conway, the Acting Principle Deputy Administrator and Chief Medical Officer of the Centers for Medicare and Medicaid Services (CMS). .Here are four ways to help you get more from your homeowners coverage: .For more information, or to see if your Members of Congress have scheduled town halls during the August recess, contact their local offices. You can find contact information HERE, and for a list of sample questions, click HERE. .Last October's debt deal contained surprise Social Security changes that will cost some Baby Boomer couples tens of thousands in anticipated Social Security income. While proponents say the changes were necessary to "close filing loopholes," TSCL feels the cuts included people who are too close to retirement. Worse, these changes were struck in a secret, closed-door "must pass" debt deal with no public debate. ."The vast majority of prescription drugs [in the U.S.] are for generic, and there, the U.S. does pretty well," says Andrew Mulcahy, PhD, a senior policy researcher at RAND and the lead author of the report. "But for brand-name drugs, we pay much higher." .Despite our nation's recent partisan political divisions, two surveys by The Senior Citizens League (TSCL) found high levels of consensus on five proposals that would strengthen Social Security and Medicare funding and benefits. The proposals would decrease Medicare out - of - pocket costs on prescription drugs for beneficiaries and provide modestly higher, and more adequate, Social Security benefits. "There are more areas of agreement from retirees of different political persuasions than many might believe," says Mary Johnson, a Social Security and Medicare policy analyst for The Senior Citizens League. .Don't delay. To learn more, find a local Social Security office or to apply online, visit the Social Security website at SocialSecurity.gov or call the Social Security Administration toll-free at 1-800-772-1213 .Noncitizens who began receiving benefits before 1997, and who never received legal work authorization, can receive benefits. In addition, individuals who never obtained work authorization, but who received a SSN prior to 2004, and now live abroad, could potentially receive a benefit. .With so many grandparents becoming more involved in the day – to - day care of their grandchildren you may learn that you qualify for other programs that can reduce healthcare, food, and other expenses. We recommend that you take time to try the National Council on Aging's online "BenefitsCheckUp" screening tool to learn about benefit programs in your area.
