News

  • January 2 2021

    The new RAND report is based on 2018 data and compares U.S. drug prices to those in other countries in the Organization for Economic Co-operation and Development. .Sources: "Prescribers With Questionable Patterns In Medicare Part D," Department of Health and Human Services Office of Inspector General, June 201"Medicare Fraud Outrunning Enforcement Efforts," The Center For Public Integrity, July 3, 2013. .On Thursday, the House Ways and Means Social Security Subcommittee held a hearing to discuss the findings of the new 2018 Social Security Trustees Report. Those on the subcommittee heard from Stephen Goss, Chief Actuary at the Social Security Administration. … Continued

  • Disability Benefit Cut Looming

    As TSCL supporters know, it is a particularly important issue for older people, who rely on medications to manage the medical problems associated with advancing age. However, drug makers remain adamantly opposed to government efforts to curb prices. .Although home health workers are one of the fastest-growing segments of the labor market, they typically earn about ,000 per year, often without benefits. .The Safe and Affordable Drugs from Canada Act (S. 61), introduced by Senators Chuck Grassley (IA) and Amy Klobuchar (MN), would allow individuals to safely import prescriptions from approved pharmacies in Canada. … Continued

— who have no Medicare supplement through a former employer. .But last Monday the drug company executives announced they would not be going to the White House meeting. A spokesman for PhRMA, the giant lobbying group for many of the biggest drug manufacturers, said the White House talks were a distraction. .In shopping for housing you will find that many senior living communities have medical criteria for acceptance. Since your sister has no children, she may need a facility that provides a continuum of care. As her health declines, she would move from independent living to assisted living, and finally nursing or memory care as her health declines. If her income is limited, all the more reason to start looking for affordable facilities ahead of time. It's not uncommon to encounter waiting lists at the most desirable facilities. .Support Grows for Social Security Fairness Act .Now I say neglect, because it's been 38 years since Congress has done anything to strengthen Social Security and 50 year since we have improved its benefits. .While most people have rebounded, too many mature workers are still struggling to find work, much less a good-paying job. According to a survey by AARP, half of mature workers who experienced unemployment between 2010-2014 were still looking for work five years later. .Additionally, in less than two years, the Social Security Disability Insurance trust fund will become insolvent, and approximately 11 million beneficiaries will be faced with a 20 percent cut in monthly benefits. Many lawmakers are hoping to divert funds from the retirement trust fund in order to address the funding shortfall, but according to our recent survey results, less than 1 percent of seniors support this method. Instead, TSCL will be advocating for policy solutions that would tighten the eligibility requirements for the Disability Insurance program and ramp up efforts to fight fraud, waste, and abuse. .First, one new cosponsor – Representative Conor Lamb (PA-18) – signed on to the Social Security 2100 Act (H.R. 1902), bringing the total up to 17If adopted, H.R. 1902 would strengthen Social Security benefits by improving the cost-of-living adjustment (COLA), increasing monthly benefits by 2 percent, creating a new Special Minimum Benefit equal to 125 percent of the poverty line, and providing a tax cut to millions of Social Security beneficiaries. To cover the cost of these changes and to extend the solvency of the program through the year 2100, it would apply the payroll tax to annual income over 0,000 and gradually increase the payroll tax rate by 0.25 percent. .Beneficiaries are telling other Mexicans about the Social Security benefits.