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  • Update For Week Ending September 18 2021

    How do I go about writing my Congressman and Senators? .The Covid-19 pandemic has both heightened the urgency of reining in pharmaceutical costs yet also made it harder for lawmakers to act. Drug makers say limiting their profits could hamper efforts to create a vaccine against the virus, but medicines to treat it come with significant price tags. Gilead Sciences, Inc., set the price for its widely used Remdesivir at ,340 for a five-day treatment. ."Brand-name drugs are the primary driver of the higher prescription drug prices in the U.S.," report co-author Andrew Mulcahy said in a press release. … Continued

  • Tag Social Security

    At the hearing, the witnesses explained the intricacies of the prescription drug price-setting process and the drivers of rising costs. Doctor Anderson told the committee members, "Drug pricing is extremely complex … When a company has a monopoly, it sets the price that maximizes its profit and that's not the price that allows all people to get access to the drug." Doctor Howard urged Congress to "create incentives that reward providers who use medicines and technology to deliver care as efficiently as possible, while also empowering patients with the information they need to identify high-quality providers." .(Washington, DC) – Older Americans are not to blame for an exploding federal budget deficit warns The Senior Citizens League. "Congress can't cut taxes by an estimated .7 trillion and then turn around and blame rising deficits on ‘entitlements' and aging," says Mary Johnson, a Social Security and Medicare policy analyst for The Senior Citizens League. .TSCL is calling on Congress to close this loophole, and endorses the "No Social Security for Illegal Immigrants Act of 2007" (H.R. 736), introduced by Representative Dana Rohrabacher (CA). The legislation would close the loophole by excluding earnings of any wages for unauthorized work. … Continued

As a result of the COVID-19 economic crisis, Social Security's Average Wage Index is likely to drop in 2020. Because of how Social Security benefits are calculated, this will reduce Social Security benefits for future retirees who were born in 1960, as well as others who become eligible for Social Security in 202Affected beneficiaries would face a permanent reduction in benefits. .Enrollees in Medicare Advantage (MA) plans should take a careful look at changes in their health plan for 201These Medicare health plans have new leeway to offer new supplemental benefits. While some of the new benefits may be valuable to some families, other changes, which give plans greater leeway to "tier" the co-pay structure for healthcare providers, may mean higher out-of-pocket costs when non-preferred or out-of-network providers are used. .However, leaders in the House postponed the vote and the discussion grew complicated after President Obama made a last-minute request to include funding for the training of Syrian rebels in the CR. "This is substantive policy change … Of course I would rather pass a clean, simple CR," said Rep. Mike Rogers (MI-8), chairman of the House Intelligence Committee, following the President's request. .Sources: "Social Security Benefits for Noncitizens," Congressional Research Service, July 20, 2006, RL32004. .Under a 2004 law, non-citizens who apply for benefits with a SSN assigned in 2004 and thereafter must have legal work authorization at some point in order to file a claim for benefit. But the law does not apply to aliens who received a SSN prior to January 1, 200Those non-citizens may be able to claim Social Security benefits without ever having legally worked. In fact, our government already pays Social Security disability and retirement benefits to non-citizen aliens and their dependents based on illegal earnings. The cost to Social Security of those payments was recently estimated to be 6 billion through 2040, according to Advisor editor and Social Security policy analyst Mary Johnson. .Expands disability investigation units effective Feb 1, 2016. .I Thought My Co-pay Would Be Why Did I Have To Pay 3.45? .Terry: The anchor takes on too much weight, swaying the decision in a particular direction. It can lead us to ignore or never even consider other options. In buying a used car, the sales price may be much higher than the car is worth. Yet we start there in haggling over what we'll pay, possibly paying only somewhat less than the price, and thinking we got a good deal when we did not. In the case of the charitable donation, we may feel guilty the more we consider giving less than the anchor ("suggested") amount. .Medicare Reform – Protecting seniors from sudden and harsh changes to the program.