News

  • H R 1179 Improving Access To Medicare Coverage Act

    This year's study found a 3 percentage point gain in the buying power of Social Security benefits from January 2019 to January 2020. That should indicate that most retirees may have seen at least some prices go down on certain items during that period. But this is deflation — which is a strong signal that there may be no COLA next year. This year's 1.6 percent COLA was already low to begin with. A recent deep plunge in oil prices have all but wiped out the prospect of a COLA. .MA enrollees could be impacted by the ACA's cuts in other ways, as well. They could begin to see higher premiums, deductibles, or co-pays in the coming years. They could also see reduced supplemental benefits like vision or dental coverage. According to another expert witness at the House Ways and Means Health Subcommittee hearing – Robert Book of the Health Systems Innovation Network – by 2015, MA beneficiaries will see an average reduction of ,530 in benefits due to the reduced funding from the federal government, and in 2017 that number will grow to an astounding ,700. .4 in 10 beneficiaries rely on Social Security for the majority of their income. … Continued

  • October 2009 Senior Journal

    Be wary of the information from this acquaintance, and any claim that she has obtained the ,000. While it may be a simple misunderstanding, be careful of scams. Make sure your mom knows she should never give out her Social Security number over the phone to anyone or to anyone you meet who says that it's required in order to receive the ,000 settlement. .TSCL Believes New Policy Would Add To Growing Social Security Woes .Because of the huge demand various brands of sanitizers started appearing in stores that we had not seen before. Then we were alerted that some of those that were made in Mexico contained methanol, a form of alcohol that's poisonous to humans, and we should not use them. … Continued

If adopted, this bipartisan bill would repeal the Government Pension Offset (GPO) and the Windfall Elimination Provision (WEP) – two Social Security provisions that cut the benefits of millions of teachers, police officers, and other state or local government employees. By repealing these two provisions, the Social Security Fairness Act would ensure that all public servants receive the Social Security benefits they have earned and deserve. .TSCL enthusiastically supports the five bills listed above and we were pleased to see support grow for them on Capitol Hill this week. For more information, visit the Bill Tracking section of our website. To thank your representative for becoming a cosponsor or to request their support for legislation, visit our "Contact Congress" page. .TSCL is hopeful that lawmakers will pass a stopgap measure before the October deadline, since a government shutdown could negatively impact Social Security and Medicare beneficiaries. We will keep a close eye on the evolving negotiations over the next two weeks, and we will post updates here in the Legislative News section of our website. .Sources: "Under New Cost-Cutting Medicare Rule, Same Surgery, Same Place, Different Bill," Susan Jaffe, Kaiser Health News, March 23, 2021. .The tax cut costs the federal government approximately 0 billion each year it is extended. Allowing it to expire after this year would more than cover the cost of the Notch Fairness Act's passage. TSCL believes that Congress must pass the Notch Fairness Act to correct a wrong done to those affected by the Notch. Each of the offset options above would allow Congress to responsibly pass the Notch Fairness Act without contributing to the deficit. To learn more about the Social Security Notch, visit our website at . .What Kind Of Health Insurance Do Members of Congress Get? .Throughout the hearing, the "big dog" in the room – as one witness referred to it – was the Sustainable Growth Rate (SGR). Each of the witnesses urged the Subcommittee Members to replace the current Medicare physician payment formula with a new model, saying that there's simply too much uncertainty surrounding the SGR. Though most seemed to agree, the price tag of repealing the SGR is daunting and the process of re-writing a billing system with 8,000 different codes will certainly take time. .Not only does this put unwitting retirees' Medicare number in the hands of crooks who can then resell it to be used to file more false claims, but it can cause Medicare to deny future coverage for genetic testing when it's really needed, because the patient's record will show the test has already been performed. .Sources: "Preliminary Estimate of the Budgetary Effects of Using the Chained CPI Starting in 2014," Congressional Budget Office, March 1, 2013.