

News
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Seniors Lose 34 Buying Power Since 2000
First, two new cosponsors – Senator Chris Van Hollen (MD) and Senator Deb Fischer (NE) – signed on to the bipartisan Know the Lowest Price Act (S. 2553), bringing the total up to thirteen. If adopted, the bill would prohibit "gag clauses" that prevent pharmacists from telling patients when their prescriptions would be cheaper out-of-pocket than through their insurance plans. .The Senior Citizens League is pleased that key Social Security bills like the four mentioned above will be re-introduced early in the 116th Congress, and we look forward to building momentum for them on Capitol Hill in the months ahead. For progress updates or for more information on these important bills, visit our website at . .I care deeply about guaranteeing that all Americans have access to food, regardless of their income. That is why I introduced this bill. … Continued
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210 Billion Cola Cut Proposed Pay Trumps Border Wall
In a letter to the bill's sponsors, Ed Cates – Chairman of TSCL's Board of Trustees – wrote, "When family caregivers don't receive the support they need, they often must leave their jobs, take on significant debt, or move their loved ones out of their homes and into costly assisted living facilities. TSCL and its members believe the growing problem must be addressed as soon as possible." We look forward to working with the bill's sponsors in the months ahead to continue building support for the important bill. ."The greatest risk in flight would be if you happen to draw the short straw and sit next to or in front, behind or across the aisle from an infector," said Richard Corsi, who studies indoor air pollution and is the dean of engineering at Portland State University. .Ask the Advisor: August 2021 Why Can't Legal Guardians Receive Social Security Benefits on Behalf of Grandchild? … Continued
Generic drugs account for 84% of drugs sold nationally, but only 12% of spending. .EyeCare America®. This is a service of the Foundations of the American Academy of Ophthalmology, which provides free eye exams and up to one year of care for low-income individuals who qualify. Learn more at www.eyecareamerica.org or call 1-877-877-6327. .While TSCL supports this first legislative step, more work will be needed in the years ahead to provide greater financial certainty for disabled Social Security recipients. What do you think about the recent legislation and fixes for Social Security disability? Take TSCL's 2016 Senior Survey. .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: .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. .The changes closed two claiming tactics known as "file and suspend" and "restricted application for spousal benefits." The claiming strategies have made it possible for both members of a couple who are 66 or older to delay claiming Social Security based on their own earnings records, in order to increase payments, while at the same time one spouse receives a spousal benefit. Alicia Munnell of The Center for Retirement Research at Boston College estimates the changes would save .5 billion per year — a potential cost that would grow over time. .Insurers make major changes in their plans every year, like increasing premiums, co-pays, dropping coverage and even closing plans altogether. But according to a survey conducted by TSCL earlier this year, less than 18 percent of respondents said they switched their Part D or Medicare Advantage health plan for 201Medicare's annual Open Enrollment period starts earlier this year -- on October 15th -- and ends December 7th. Medicare beneficiaries should start the process now to find out what their choices are and how much they could save with a new Part D or Medicare Advantage plan. .Our mission is to promote and assist members and supporters, to educate and alert senior citizens about their rights and freedoms as U.S. Citizens, and to protect and defend the benefits senior citizens have earned and paid for. TSCL consists of vocally active senior citizens concerned about the protection of their Social Security, Medicare, and veteran or military retiree benefits. .In fact, when the COLA increases since 2000 are compared with the typical cost increases that retirees experienced over the same period, Social Security benefits have lost 34% of their buying power. COLAs increased benefits a total of 46 percent, while typical senior expenses have jumped 96.3 percent between 2000 through the first week of 201To put it in perspective, for every 0 worth of groceries a retiree household could afford in 2000, they can only buy worth today.