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Category Tscl In The News Page 11
"The last thing struggling Americans need right now is a secret panel designed to slash their earned benefits and further undermine their economic security," House Ways and Means Chairman Richard Neal (D-Mass.) said in a statement. "I wholeheartedly object to the TRUST Act and will fight against its nefarious inclusion in any upcoming relief package." .This week, lawmakers on the House Budget Committee approved a fiscal 2017 budget resolution after weeks of negotiations, and The Senior Citizens League's (TSCL's) Board of Trustees met with several Members of Congress on Capitol Hill to discuss critical Social Security issues. .According to the 2020 Social Security Trustees report, which does not include estimates of the impact of the coronavirus, Social Security is expected to receive about 3.3 billion in payroll tax revenues this year. "That estimate is higher than it actually will be, since it was based on just a 5 percent unemployment rate," Johnson notes. "Currently the unemployment numbers are roughly four times higher than that," she points out. In addition, the Coronavirus Aid, Relief and Economic Security Act (CARES Act), allows employers to defer the employer portion of payroll taxes in 2020 for up to two years. … Continued
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Category Legislative News Page 35
The coverage offered through the state of Virginia, however, didn't offer the same additional benefits, and would cost Paula a monthly premium of 0 in 200If she chose to "opt out," Paula would not be able to receive Medicare supplemental coverage or drug coverage through her former employer in the future. . The Senior Citizens League is currently conducting its new 2020 Survey of Senior Costs. To learn more and participate visit . .with less in the household budget. To learn more, visit . … Continued
Eleven new cosponsors signed on to the Preventing and Reducing Improper Medicare and Medicaid Expenditures (PRIME) Act (S. 1123 and H.R. 2305) this week, bringing the total up to twenty in the Senate and thirty in the House. If signed into law, the comprehensive bill would take a number of steps to prevent fraud, waste, and abuse within the two programs – a problem that TSCL believes must be addressed in order to ensure that scarce program dollars are being spent properly. The new cosponsors are: Sen. John Boozman (AR), and Reps. Duncan Hunter (CA-50), Steve Stivers (OH-15), Dan Benishek (MI-1), Martha Roby (AL-2), Dennis Ross (FL-15), Thomas Rooney (FL-17), Shelley Moore Capito (WV-2), Ileana Ros-Lehtinen (FL-27), Allyson Schwartz (PA-13), Earl Blumenauer (OR-3), and Edward Royce (CA-39). .(Washington, DC) – Seventy-eight percent of retirees think Congress should cap what Medicare beneficiaries must spend out-of-pocket on prescription drugs, according to new survey by The Senior Citizens League (TSCL). Unlike other types of insurance, Medicare Part D has no annual out-of-pocket maximum. This leaves the sickest retirees spending hundreds, or even thousands, of dollars in pharmacy costs for prescription medications every year. .Here's something hard to believe, but true. Our government is paying Social Security benefits to thousands of Mexicans who don't live in this country, or were never entitled to benefits based on their own work record. A new report from the Social Security Office of Inspector General details the growing problem of thousands of Mexicans who routinely visit the United States once a month to establish a claim to Social Security benefits. .Now, it turns out, AbbVie is helping to fund ads attacking legislation that would lower prescription drug costs. .A few weeks after a 90-year old woman was moved into an assisted living facility, her daughter was surprised to be told that her mother was a good candidate for hospice. The move to assisted living was only intended for help with her mother's daily care, and her. Another Banner Year For Medicare Fraud? , editor .To pay for the boost, advocates propose lifting the payroll taxable maximum so that higher earners pay Social Security taxes on their fair share. In 2017 workers pay Social Security taxes on the first 7,200 in income. But the highest earners, like highly paid CEOs, don't pay anything on earnings over that amount. .SSA Implements New Security Policy .House Republicans Revive AHCA .The Pharmaceutical Care Management Association, which represents pharmacy benefit managers that run the Medicare prescription drug plans targeted by the rebate rule, said at the time that it was exploring litigation.
