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The gap between prices was even higher for brand-name drugs, with U.S. prices 3.44 times more than those in the other countries. Meanwhile, prices for generic drugs are slightly lower in the U.S. than in most other countries. Unbranded generic drugs account for 84% of drugs sold in the U.S. by volume, the researchers found, but only 12% of U.S. spending. .To address this issue, Senate Minority Whip Jon Kyl (AZ), suggested that the Committee focus on waste, fraud, and abuse, since it's a topic that generally has bipartisan support. He stated, "Some people fear the solution has to be a cut in benefits. There may be very substantial savings that can be achieved through efficiencies." Most at the hearing seemed to agree with him. .Ask your doctor if you have alternate insulin options to control your blood glucose levels. Novolin may be one of them, and it may be less expensive, but it acts differently than Lantus. Ask your doctor if there are any dietitians working with the clinic who can help you reduce your reliance on Lantus and thus the quantity you need to use. Perhaps you can take a combination of Novolin and Lantus. … Continued
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House Adjourns for Five-Week Summer Recess .Seniors are often targeted for their money or identity, commonly with fraudsters asking seniors to send a payment through gift cards, by wire transfer, credit card, or other predatory schemes. Retailers, financial services providers, and wire transfer companies have undertaken efforts to do their part to stop their customers, including seniors, from being scammed. .This week, one new cosponsor – Congressman Bill Foster (IL-11) – signed on to the Social Security 2100 Act (H.R. 1902), bringing the total up to 16The bill, which was introduced just a couple of months ago, has more support in Congress than any other comprehensive Social Security reform bill to date. … Continued
According to experts, the risk of catching the coronavirus on a plane is relatively low if the airline is following the procedures laid out by public health experts: enforcing mask compliance, spacing out available seats and screening for sick passengers. .On Tuesday, President Donald Trump addressed the nation in his first State of the Union. In his speech, the President reflected on the strong economic growth of the country and he shared his hopes for the year ahead. The President said he plans to push .5 trillion in infrastructure investments, to secure the southern border with Mexico, and to offer a pathway to citizenship for 1.8 million immigrants known as "Dreamers." .In April, more than 150 House lawmakers proposed a budget blueprint that would have reformed the Medicare program and cut Social Security benefits by adopting the "chained" CPI, eliminating the COLA for some seniors, and raising the eligibility age. Did you support this budget blueprint, and if so, why? .The temporary funding measure negotiated this week is expected to buy time for President-elect Donald Trump and members of the 115th Congress to negotiate a broad funding bill that will likely include language to fast-track the Affordable Care Act's repeal. In the months ahead, TSCL's legislative team will be following these discussions closely, and we will continue to advocate for legislation that would reduce any negative effects on beneficiaries of the Medicare program. Visit the Legislative News section of our website for updates. .It came in the mid-1950s, before health insurance for outpatient care was common, before new drugs were protected by multiple patents, and before medical research was regarded as a way to become rich. It was not patented because it was not considered patentable under the standards at the time. .Medicare part B was not paid for by increasing taxes but is paid for by borrowing money. So were the tax cuts that the President supported, and Congress passed in 2017. .Discussion of these meetings centered around the Social Security issues of Notch Fairness and Cost of Living Adjustment (COLA) bills. The goal of these meetings was to secure support, or sponsorship, for these pre-existing pieces of legislation. As a result of our meetings, two Representatives to date have pledged their support for the Notch Fairness Act (H.R. 1001): Jesse Jackson, Jr. (IL-2), and Christopher Smith (NJ-4). .This is not the end of the story, however. More legislation will be needed to stop additional Medicare payment cuts that are scheduled in 2022. .Sources: "Humana Inc. Overcharged Medicare Nearly 0 Million, Federal Audit Finds," Fred Schulte, NPR, April 20, 202"Insurers Running Medicare Advantage Plans Overbill Taxpayers By Billions As Feds Struggle to Stop It," Fred Schulte and Lauren Weber, Kaiser Health News, July 16, 201"Reducing Medicare Advantage Overpayments," Committee for a Responsible Federal Budget, February, 23, 2021.
