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  • Can Afford Spend Healthcare

    My Mom Is Applying For Assisted Living: Why Must She Agree To Mandatory Arbitration? .This week, The Senior Citizens League released its final estimate for the 2019 Social Security cost-of-living adjustment (COLA), and four key bills gained support in Congress. .More than 30% of all Medicare beneficiaries were enrolled in Medicare Advantage plans last year. The federal government pays plans a monthly fee to deliver all their healthcare needs — a fee that's based for the most part on risk scores. In 2015 plans like Humana received on average about ,900 per person for the year. According to government estimates, Medicare made nearly billion in improper payments to Medicare Advantage plans from 2008 through 2013, mostly due to inflated risk scores. … Continued

  • Medigap Premiums

    In short, there are two main obstacles to the "Pelosi" bill to lower drug prices: overcoming objections from House Democratic progressives and getting through the Republican opposition in the Senate. ."Unfortunately for seniors and their families these extreme differences in cost are not unique," says Johnson. "Almost every Medicare beneficiary enrolled in a Part D drug or Medicare health plan can achieve savings if they carefully compare all their options every year and switch when they find better coverage," Johnson says. "All that's required is computer access, the Medicare Drug and Health Plan Compare tools on the Medicare website at www.medicare.gov and determination to give it a try," she notes. .Is Social Security A Ponzi Scheme? How Much In Social Security Income Can I Expect To Get? … Continued

My husband recently lost his job in a company re-organization. I was getting my healthcare benefits through his employer. He is 64 and I'm 6I'm still working, but coverage through my employer is much higher than we paid previously. Can you explain our options at this point? Neither one of us has started Social Security. .The term "Notch" refers to an unprecedented drop and disparity in Social Security benefits for persons born from 1917 through 1926 compared with those paid to other retirees with similar work and earnings records. Many of those born during the Notch period feel they have not been treated fairly and are not receiving the benefits that Congress intended. On the other hand, the Social Security Administration (SSA) and some government officials argue that those born during the Notch period are receiving the benefits that Congress intended. This brief lays out the background on the issue and the position of TREA Senior Citizens League. .Get the Revised Retirement Newsletter .Congressional support for a bi-partisan deficit reduction solution before the November 21st deadline is dwindling as each day passes. Republican co-chairman of the joint committee, Rep. Jen Hensarling (TX-5), expressed discontent with Democratic colleagues this week for rejecting the latest GOP offer. "I will give my Democratic colleagues credit for at least putting some reforms on the table, but frankly they do not solve the problem," Hensarling said. .But for more than two months, state inspectors failed to enter half the country's homes — a revelation that prompted CMS to crack down. .The decision on when to start benefits is complicated and you should get counseling. The Social Security Administration website has a great deal of information on survivor's benefits at www.socialsecurity.gov as well as contact numbers to reach counselors. For more information about working after starting benefits see How Work Affects Your Benefits Publication Number 05-10069. .This week, lawmakers in the House postponed a scheduled vote on the American Health Care Act (AHCA) and leaders made last-minute changes to the text of the bill. In addition, The Senior Citizens League (TSCL) delivered letters to Congress urging leaders to address the looming debt ceiling crisis. .Payroll taxes, and the taxes that people pay on a portion of their Social Security benefits, are two major sources of program funding. The Social Security Trust Fund also receives interest payments from the U.S. Treasury for the money that the federal government has borrowed when the program was in surplus. In fact, the .Eyeglasses, however, are not covered. If you are having difficulty affording a pair of glasses from brick and mortar stores, you may want to try shopping online. Zenni optical.com has eyeglasses starting as low as .95 for basic frames. Costco the wholesale club has high ratings for their optical section. According to Consumer Reports, the median price for a complete pair of eyeglasses, frames and lenses at Costco Optical is 4, the cost of membership not included.