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Oxford's study, however, found that the vaccine not only prevented severe disease but appeared to cut transmission of the virus by two-thirds. The study has not been peer-reviewed yet. .Unlike other types of health insurance, Part D plans do not have a fixed annual out-of-pocket maximum, and you could potentially continue to spend even more than ,100 this year. While that's a huge sum for just prescription drugs, the out-of-pocket threshold "re-sets" and it starts all over again next year. Unless Congress takes action, the out-of-pocket threshold is scheduled to make a steep increase in 2020 to ,250, due to an expiring provision of the 2010 Affordable Care Act. .To see if your Members of Congress will be holding town hall meetings during the spring recess, click HERE or call their local offices. You can find contact information HERE. … Continued
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Do you think Social Security's funding should be strengthened? Consider attending a local town hall in your area. Sign up to ask questions, or approach a staffer of your Member of Congress to relay your ideas. Together, we can make the case that better retirement security can't be achieved through cutting the benefits that more than 61 million people depend on, but rather by everyone paying their fair share during their working years. .TSCL's members and supporters are sending in thousands of petition signatures to fight the cuts that threaten senior benefits. Senior voter outcry, especially in an election year, is a highly effective means to make lawmakers wary of making major changes. .Social Security Benefit Cuts Need to be Stopped … Continued
This week, two new cosponsors signed on to the Strengthening Social Security Act (S. 567 and H.R. 3118), bringing the total up to three in the Senate and thirty-nine in the House. The new cosponsors are Sen. Sherrod Brown (OH) and Mark Pocan (WI-2). If signed into law, the bill would reform the Social Security program in three ways: it would adjust the benefit formula, resulting in more generous benefits; it would adopt the Consumer Price Index for Elderly Consumers (CPI-E), resulting in more accurate cost-of-living adjustments (COLAs), and it would lift the cap on income subject to the payroll tax. The Strengthening Social Security Act would extend the solvency of the Social Security Trust Fund responsibly, without cutting benefits for seniors. .For most retirees the average Social Security benefit of ,100 is their main source of income. But the sluggish economy has made the federal budget deficit, including that of Social Security, balloon more rapidly than expected, according to a new report from the Congressional Budget Office (CBO). In 2010, for the first time since 1983, annual costs for Social Security exceed annual revenues, and that won't improve very much in coming years. Instead, it will become a persistent problem. .Essential Drugs Need to be made in the U.S. .However, Senate Majority Leader Mitch McConnell (Ky.) refused to bring the bill up in the Senate for debate or a vote. As a result, Congressional leaders have been struggling over the past few weeks to come up with legislation to deal with those issues to help those Americans who have been hurt so badly by the virus and the horrible economy that has resulted. .On Wednesday, the Senate Finance Committee held a hearing to question Congressman Tom Price (GA-6), an orthopedic surgeon from Georgia who was nominated by President Trump to become the next Secretary of the Department of Health and Human Services (HHS). If confirmed, Congressman Price will lead the agency that has jurisdiction over Medicare, Medicaid, Social Security, and many other critical health programs. .TSCL has many veterans among its supporters and no-doubt not all of them have a disability rating so they may be happy to know that Congress is considering including them in the VA's Covid-19 vaccination efforts. .As Congress returns to work, it begins another debate over the Social Security payroll tax – and with it, a debate over funding for Social Security. Many Americans are asking how an extension of the payroll tax cut would affect the finances of the Social Security Trust Fund. That's an important question. Keeping Social Security financially strong is essential for protecting current beneficiaries – and for ensuring that Social Security's guarantee will be there for our children and grandchildren as well. .Why You Should Beware When The Doctor Wants To Hold You For "Observation" .Benefit reduction due to your ex-wife's age. — The maximum survivors benefit people can receive is limited to what your ex-spouse would have received if still alive. In 2016 she would have attained age 63, but her benefit would be reduced because she would not have reached her full retirement age, which is 66.
