News
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1 7 Percent Cola Forecast 2015 Sixth Consecutive Year Record Low Colas Unprecedented Says Senior Citizens League Tscl
To avoid significant cost increases and unexpected benefit cuts next year, TSCL encourages its members and supporters to examine all MA plan offerings closely before making a selection or allowing a plan to automatically renew. The open enrollment period ends on December 7th, and coverage begins on January 1st. In the meantime, TSCL will continue to monitor the status of the MA program and advocate for legislation like the Medicare Advantage Participant Bill of Rights Act, which would protect MA enrollees from unfair and abrupt changes to physician networks. .The order is expected to apply to government programs and agencies that directly purchase drugs and medical supplies, according to lobbyists and industry watchers. They may include the Department of Veterans Affairs, the Strategic National Stockpile, and the Federal Bureau of Prisons. .The future of the AHCA remains uncertain in the House, and in the Senate, lawmakers have been even more cautious about its prospects. On Wednesday, Senate Majority Whip John Cornyn (TX) said: "Once [House lawmakers] pass the bill, my assumption is, the Senate's going to take a look at it but not necessarily be rubber-stamping what they're proposing. I would anticipate that we'll do what we used to do all the time which is, the House will pass a bill, we'll pass a bill, and then we'll reconcile those in a conference committee." … Continued
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Speaker Pelosi Wants Legislation To Cut Drug Prices
We recently moved my mom from another part of the state to live with us. She's starting to have memory problems and it's too risky for her to live on her own. Recently when we went for a visit to her new doctor, I discovered that her Medicare health plan isn't accepted in our area. Can she enroll in a new plan now that Open Enrollment is over? .TSCL strongly believes that the current formula breeds uncertainty within the Medicare program. Some doctors have stopped accepting Medicare patients due to the steep pay cuts that the formula regularly calls for, and many more are threatening to do so if a permanent solution is not established soon. Rep. Schwartz's bill would do just that, bringing much-needed stability to the program for both doctors and seniors. TSCL enthusiastically supports H.R. 574, and we were pleased to see support grow for it this week. .Catastrophic Coverage Period: When your total out-of-pocket spending reaches ,350, you hit the catastrophic stage of coverage. Your co-insurance drops to 5% coinsurance or co-pays of .60 generic, .95 brand, whichever is higher. You remain in the Catastrophic coverage period until December 31, 2020. … Continued
The hearing examined in particular the drug company AbbVie, which makes Humira and Imbruvica, two drugs widely used by seniors. .Since he was first elected to Congress in 2010, Congressman Mulvaney – a founding member of the House Freedom Caucus – has been vocal about his support for reforming the Social Security and Medicare programs. In a 2011 interview, he told reporters: "We have to end Medicare as we know it. We have to fix it." He has endorsed several proposals that would privatize the Medicare program by adopting a "premium support" model, and on Tuesday, he endorsed plans to increase means-testing within the program. Both of those proposals are opposed by TSCL since they would result in higher out-of-pocket costs for beneficiaries. .Third, TSCL was pleased that Congress passed legislation last fall to stave off a 52 percent hike in Medicare Part B premiums for around 15 million beneficiaries. Back in October, our legislative team hand delivered letters to every office on Capitol Hill urging lawmakers to prevent the abrupt and dramatic premium increase. We were pleased when legislation was signed into law later that month to provide relief for the millions of Medicare beneficiaries who would have otherwise seen massive cost increases in January. .New criminal cases were filed in April against a Michigan doctor accused of pushing Vitamin C injections as a treatment, and a former "naturopathic" physician accused of peddling a "dynamic duo" of substances on Facebook that he claimed could kill the virus. .Congress should change the law to apply the Social Security payroll tax to all earnings, instead of the first 2,800 of earnings, to strengthen program funding. — 72 percent support, 19 percent opposed, and 9 percent favored other types of revenue increases. ."If more retired taxpayers aren't paying taxes on their Social Security benefits, that's good news for their tax liability, but would also mean their adjusted gross income was lower than in 2019," says Johnson. "And that could mean those households might be living too close for comfort to the federal poverty level," she adds. .Sources: Statement: Social Security Payments Go Paperless, Honorable Patrick P. O'Carroll, Jr., Inspector General, Social Security Administration, June 19, 2013. .The Democrats are likely to use reconciliation to move President Biden's COVID-19 relief measure through Congress while sidestepping a GOP filibuster. .This week, two new cosponsors – Representatives Michelle Lujan Grisham (NM-1) and Mike Coffman (CO-6) – signed on to the Credit for Caring Act (H.R. 4708), bringing the cosponsor total up to five. If signed into law, the bill would provide eligible caregivers with a new tax credit equal to 30 percent of all expenses greater than ,000, and capped at ,000 per year.
