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H R 1001 Notch Fairness Act Feed
On Tuesday – despite projections that showed large gains for Democrats on Capitol Hill – lawmakers on the right swept elections across the country. For the first time in eight years, Republicans will control the House, the Senate, and the White House when the 115th Congress begins in January. Senator Roy Blunt (MO), who narrowly held on to his Senate seat on Tuesday, told reporters: "A Republican president and a Republican Senate and a Republican House can do things to change this country." .In the 109th Congress, I co-sponsored legislation expressing CongressТ disapproval of the Totalization Agreement between the U.S. and Mexico because I believe it is imperative that we protect Social Security by preventing others from "gaming" the system. For this reason, I also co-sponsored the Illegal Immigration Enforcement and Social Security Protection Act of 2005, legislation aimed at cracking down on Social Security fraud. .The reserves held in the Social Security Trust Fund are special non-marketable bonds, or I.O.Us — money that the U.S. Treasury owes to the Social Security Trust Fund for revenues borrowed during years since the late 1980's when more payroll taxes were received than needed to pay benefits. "The federal government used those excess funds received in the past for other spending and replaced the funds with I.O.Us," Johnson explains. Since 2010 however, more has been paid out in benefits than revenues received. The reserves held by the Trust Fund are not actual cash revenues but bonds, so the funds that those I.O.U.s represent must be borrowed. Medicare benefits must also be provided for, which has led to major budget clashes in Congress in recent years. … Continued
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H R 3588 Guaranteed 3 Cola Act
The federal government negotiates prescription drug prices for Medicaid and for veterans, but it is not allowed to negotiate lower prices for Medicare beneficiaries. Do you support this policy? .However, you don't need to read the 265-page report to understand why Medicare is going broke. Last year, Medicare spent 3 billion, but only took in 6 billion—leaving a billion deficit in just one year. With 10,000 new individuals becoming eligible each day, it's only going to get worse. .The study says the program would have saved 7 million that year if generics had been substituted for all the brand-name medicines requested by prescribers. Additionally, if Medicare patients had sought generics instead of brand-name drugs, Medicare Part D would have saved another 3 million. … Continued
Rather than working on bipartisan legislation to solve the rural healthcare crisis, many of my colleagues have instead chosen the fantasy of "free" healthcare for all. In reality, "Medicare-for-all," as they call it – would put more than 1,000 rural U.S. hospitals in 46 states "at high risk of closure" among other devastating consequences, according to experts. .My mom was recently diagnosed with Alzheimer's disease. What benefits does Medicare cover for this condition? .Eight Questions You Should Always Ask Your Doctor .Should seniors with Medigap supplements that provide "first dollar coverage" be required to pay more up-front? Should Medicare continue to pay for services based on medical necessity, or should the government change to a system "based on evidence of the value of services?" Congress may be debating these questions this month when the Medicare Payment Advisory Commission (MedPAC) issues its June report to Congress. The idea is to make Medicare beneficiaries "think twice" before scheduling doctor, outpatient services, or hospital stays in order to reduce government spending on Medicare. .Over five million Americans are currently living with Alzheimer's disease, and each year thousands more are diagnosed with this painful, heart-rending illness. Most of us know someone—a family member, coworker or friend—suffering from Alzheimer's or dementia. With the number of Alzheimer's patients expected to skyrocket in the coming decades, we must continue to press forward, offering support for family members and caregivers, while developing better and more effective treatment options as we work toward a cure for this terrible disease. .The Senior Citizens League believes the inflation index that is currently used to calculate the COLA – the Consumer Price Index for Urban Wage Earners (CPI-W) – underestimates the inflation that Social Security beneficiaries experience largely because it fails to account for rising Medicare costs. .Now, the Associated Press has reported that one administration official has said the odds are 75-25 that the program will not happen at all. .This week, Congressman John Larson (CT-1) – Chairman of the House Ways and Means Social Security Subcommittee – introduced the Social Security 2100 Act (H.R. 860) along with the support of more than two hundred original House cosponsors. Senator Richard Blumenthal (CT) also introduced the companion bill – S. 269 – in the Senate this week along with Senator Chris Van Hollen (MD). .Graves can't understand why the pricing is going unchecked by the federal government. "This needs to be investigated," she says. "People who don't have good Part D coverage or the money to pay for their drugs would be forced to go without," she protests. "It's GREED, GREED, GREED!"
