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Tag The Senior Citizens League
Beneficiaries are telling other Mexicans about the Social Security benefits. .Medicare has three Parts: A (hospital), B (doctors and hospital outpatient) and D (prescription drugs). Each has a deductible and each increases every year. In 2007 the Medicare deductibles (annually) are: .'It´s not clear why the administration hasn't made a bigger push to line up votes to get a bill through the Senate and a deal with Congress, given strong public support to lower drug costs,' said Tricia Neuman, a Medicare expert with the nonpartisan Kaiser Family Foundation. … Continued
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Will Social Security Last As Long As You Do 2
Virtually all of the changes tend to show inflation as growing more slowly. Independent economist John Williams believes that the combined effect understates the measured rate of inflation by an astonishing 7 percentage points. One of the clearest illustrations of the impact of a major change is seen in the following chart of COLAs between 1976 and 1987. .Last fall, as part of his deficit reduction plan, President Obama recommended charging a 30 percent surcharge on Part B premiums to new beneficiaries who purchase Medigap polices with "near first-dollar" coverage. But do Medigap supplements encourage the over use of services? According to the Kaiser Family Foundation, about 20% of Medicare beneficiaries have a Medigap policy and they paid an average of 8 per month for premiums in 2010 (premiums vary significantly). People purchase the policies specifically to protect against the considerable costs that Medicare does not cover, and to help keep budgets in retirement years more predictable. They have modest incomes, but don't qualify for Medicaid. About 66% have incomes below ,000 and nearly 31% have incomes below ,000. .Negotiations thus far seem to be moving slowly, and it remains to be seen whether or not the conferees will reach an agreement before the looming deadline. TSCL will keep a close eye on the evolving negotiations, and we will continue to inform the conferees about the harms that would result from including harsh benefit cuts in a budget package. For updates, visit the Legislative News section of our website. … Continued
TSCL enthusiastically supports H.R. 1391 since it would strengthen the program without cutting benefits for seniors. We were pleased to see support grow for it this week. .Benefit Bulletin: February 2014 Before Obamacare & 8220;Glitch,& 8221; There Was The Notch Glitch .Medigap plans by law are now barred from offering drug coverage, and beneficiaries need to add "drug only" coverage to their Medicare supplement. .Source: "Senators Introduced Medicare Reform Plan: The Congressional Health Care for Seniors Act," Paul.Senate.Gov, March 15, 2012. .In the meantime, TSCL would like to remind you that many Senators and Representatives will attend local events or schedule town hall meetings while they are in their home states and districts, giving constituents an excellent opportunity to voice their concerns. We encourage you to approach your Members of Congress and request their support for fair cost-of-living adjustments, Notch fairness, a permanent "doc fix," and other key issues. .In a recent high profile Medicare fraud takedown, actor and entrepreneur Roberto F. Marrero, who played bits parts on Miami Vice, America's Most Wanted, and Unsolved Mysteries, was arrested for massive Medicare fraud. Marrero, who became a Medicare-licensed healthcare provider in 2007, is accused of submitting million in bogus bills for supplying purported home healthcare services for diabetic patients. .If you or someone you know is struggling to make their Social Security benefits stretch from one month to another, there are two Medicare programs that can help with medical costs for those eligible — Medicare Savings Programs which cover some Part B costs, and Medicare Extra Help which provides help with prescription costs. .Legislation to Stop Medicare Cuts Passes in Senate .We end the update this week with some hopeful news regarding Alzheimer's disease. According to a report from National Public Radio, there is evidence that vaccines that protect against the flu and pneumonia may actually protect people from Alzheimer's, too. The evidence comes from two studies presented last Monday at this year's Alzheimer's Association International Conference, which is being held as a virtual event.
