News

  • Congressional Corner We Need Competition In Prescription Drug Pricing And To Stop Abusive Conduct That Keep Drug Costs High

    Earnings may cause your Social Security benefits to be subject to taxation. A portion of your Social Security benefits may be taxable if your income is over certain thresholds —,000 and up (individuals) or ,000 and up (couples filing jointly). ."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." .65 million Americans currently rely on Social Security benefits, yet many still struggle just to make ends meet, to the shame of the nation, millions have worked all their lives, paid into a system, and receive a below poverty line check from Social Security. … Continued

  • Ask The Advisor January 2021

    Action on Capitol Hill was slow this week as lawmakers remained in their home states and districts for the holiday recess. They are expected to return to Capitol Hill to begin the second session of the 114th Congress on Tuesday, January 5th. Check back then for legislative news, or visit our new page on Twitter for more frequent updates. .First, the bipartisan Medicare Access to Rehabilitation Services Act of 2017 (H.R. 807) gained four new cosponsors in ​Representative Mike Capuano (MA-7), Representative Tom Rooney (FL- 17), Representative Linda Sanchez (CA-38), and Representative John Curtis (UT-3). The cosponsor total is now up to 23If signed into law, H.R. 807 would repeal the Medicare outpatient therapy cap that currently limits coverage for rehabilitation services at ,940. .Here are some questions to consider in shopping for dental insurance: … Continued

When a Senate vote is tied, the Vice President, who the Constitution designates as the President of the Senate, can cast the tie-breaking vote, which is exactly what happened. .Medicare Advantage plans. Medicare Advantage plans are administered by private insurers and cover all your Medicare Part A hospital, Part B doctors benefits. Many include Part D prescription drug benefits as well. They may also include coverage for benefits that aren't covered by Medicare, like vision or hearing services, as part of the premium, or you may pay extra for the coverage. You can enroll during your initial Medicare enrollment period or during the fall Open Enrollment Period that runs from October 15 through December To learn more about Medicare Advantage plans in your area, check your 2014 copy of Medicare & You. Call Medicare toll free at 1-800- MEDICARE ( 7) or visit Medicare.gov. .For progress updates or for more information about these and other bills that would strengthen Social Security and Medicare programs, visit the Bill Tracking section of our website or follow TSCL on Twitter. .In 2015, the Senate Finance Committee came up with a simpler explanation for high drug prices. After reviewing 20,000 pages of company documents, it found that Gilead Sciences had what the committee's ranking Democratic member, Ron Wyden of Oregon, called "a calculated scheme for pricing and marketing its hepatitis C drug based on one primary goal, maximizing revenue." .Sources: "Medicare Drug Plan Benefit Some, Others Fall Through Cracks," Robyn Shelton, The Orlando Sentinel, February 2, 200"Federal Costs Dropping Under New Medicare Drug Plan," Robert Pear, The New York Times, February 3, 200"U.S. Customs Cracks Down On Prescription Drug Shipments," Canadian Broadcasting Corporation, February 9, 200"Answers Sought on Medicine Seizures," Lisa Girion and Ricardo Alonso-Zaldivar, The Los Angeles Times, February 16, 2006. .Last week the Centers for Disease Control and Prevention relaxed its warning for cruise travel for the first time since several outbreaks on ships brought the industry to a halt last year. .No. In fact whether he's aware of it or not, your brother-in-law may be involved in a Medicare fraud. If he's receiving payment, free goods or services in exchange for his Medicare number, that's considered a crime than can result in jail time. It's becoming more common, especially in Medicare fraud hot spots like Los Angeles, New York, Chicago and the south Florida area where you live. ."Concern is high among older Americans that undocumented immigrants who illegally worked under fake, invalid, or fraudulent Social Security numbers may at some point receive benefits based on such work," says TSCL Chairman, Ed Cates. A survey conducted by TSCL, a nonpartisan seniors organization, found that 82% opposed the current government policy that allows Social Security to determine entitlement to Social Security benefits based on earnings from jobs worked without legal authorization. .To get information about Medicare supplement premiums, first select the plan offering the coverage you are interested in, "A" through "N". You can find a listing of these plans on page 82 of the 2017 Medicare & You handbook but not all states will have all plans. Once you have chosen the plan then you can simply compare premiums between insurers. The coverage for each type of plan is just the same, but premiums between various insurers can vary tremendously.