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  • Healthcare Reform How Will Closing The Medicare Part D Doughnut Hole Work Feed

    To learn more about proposals that would affect your Medicare and Social Security benefits, to get tips on reducing your Medicare costs, and to sign up for TSCL's free online newsletter, The Social Security & Medicare Advisor, visit TSCL at . .Upon introducing his bill, Congressman Duncan said, "Lower energy prices have pulled down the overall official inflation rate based off of the CPI-W, which measures spending habits of young, urban workers. But seniors don't spend and consume in the same way as working Americans. It's time to finally create an accurate inflation rate just for seniors." .Few Employers Withholding Payroll Taxes … Continued

  • Healthcare Reform How Will Closing The Medicare Part D Doughnut Hole Work Feed

    This is a new issue that has popped up on our radar and TSCL will be studying it in greater depth as we learn what might be done to insure lower prices and greater security for the prescription drugs that are so important for so many of us, especially the nations senior citizen population. .Companies requiring mandatory arbitration say it saves money and time for resolving complaints. But older consumers still may wind up with legal fees, and may wind up having to pay a share of the arbitration fees. .As we know more, CDC will continue to update our recommendations for both vaccinated and unvaccinated people. … Continued

The "Notch" refers to a major inequity in Social Security benefits that affects seniors born from 1917 through 192According to Social Security Administration data through December 31, 2012, there are about 4.2 billion Social Security beneficiaries born during the Notch years. TSCL estimates that The Notch Fairness Act would cost about .5 billion over four years and could be paid for by doing a better job of eliminating fraud and erroneous payments. .One of the uncertain Democrats is Sen. Bob Menendez of New Jersey. His state is home to many big-name pharmaceutical companies and he voted against a measure to allow Medicare to negotiate drug prices in the Senate Finance Committee in 2019. .This week, after weeks of intense negotiations, lawmakers reached a bipartisan budget deal that will fund the federal government through the remainder of the fiscal year. In addition, The Senior Citizens League (TSCL) saw one key bill gain critical support. .I don't have dental insurance and pay out of pocket. I know I will need to get some expensive work done at some point in the next year or two. Is dental insurance worth the cost? How do you go about getting a good dental plan? .With respect to security: When The Senior Citizens League transfers and receives certain types of sensitive information such as financial or health information, we redirect visitors to a secure server and will notify visitors through a pop-up screen on our site. .Can You Tell Me How Recent Law Changes Affect RMDs From My 401(k)? .The Senior Citizens League agrees that the Social Security 2100 Act is a fair and responsible solution to the financing challenges facing the program, and we are proud to have endorsed the it. In the months ahead, we will advocate for its passage tirelessly, and we hope to see it signed into law before the end of this year. .Prescription Drug Costs .This study looks at 39 expenditures that are typical for people age 65 and up, comparing the growth in the prices of these goods and services to the growth in the annual COLAs. Based on consumer price index data through April 2021, it appears that the next COLA will be considerably higher in 202The Senior Citizens League (TSCL) is forecasting that the 2022 COLA could be 4.7%, making it the highest since 200But with such a high level of inflation volatility, this estimate could change several times before the COLA is announced in October 2021.