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  • 3 Ways To Lower Your Medicare Spending In 2011

    But not all beneficiaries will come out ahead. Some treatments have little or no competition, and patients needing those drugs might not see any extra savings. And for people who don't take pricey drugs, monthly Part D costs are likely to rise because premiums are expected to go up when insurers won't be able to keep rebates to improve bottom lines. .TSCL thanks those who donated, and remembers those who fought in World War II. Read one such remembrance, "My Friend Paris" contributed by TSCL member, John Seavers. .The COVID-19 pandemic has taken a huge toll on nursing homes, leading to large numbers of residents and staff becoming become ill or dying. We hope that such catastrophes may help focus attention on long-term problems that plague these facilities. … Continued

  • Legislative Update For Week Ending April 29 2016

    A divorced spouse can receive Social Security benefits on the account of an ex-wife (or husband) just the same as a surviving widower or widow. To qualify, your marriage must have lasted 10 years or more, and you did not remarry prior to age 60. You can receive a widower's benefit while you delay claiming your own retirement benefit to allow it to grow until age 70. You may claim your own retirement benefit, anytime it is higher than what you receive in survivors benefits up to age 70. .The market cap of Moderna, a small Boston-area company that has partnered with the National Institutes of Health in the vaccine race, has since Feb. 20, to billion from billion, turning its chief executive into an overnight billionaire. While Moderna's vaccine is regarded as a strong contender, the company has. .Despite the new endorsement from the Freedom Caucus, leaders in the House do not yet have the votes needed to win passage. On Thursday evening, House Majority Leader Kevin McCarthy (CA-23) told reporters, "We've been making great progress, and when we have the votes we'll vote on it." … Continued

About one in five older and disabled Medicare beneficiaries has income so low that their state Medicaid programs pay some or most of their Medicare costs. That includes Medicare Part B premiums and out-of-pocket costs, as well as services that aren't covered by Medicare, such as vision, dental and nursing home care. .The stockpile had 13 million medical-quality N-95 masks when the pandemic hit. The government aspires to have 1 billion, with 300 million anticipated by fall. It had 2 million gowns at the start of the pandemic and expects that to grow to as many as 7 million. .More headaches are on the way this tax season. For the second year in a row, the Making Work Pay Tax Credit didn't work as planned for an estimated 13.4 million taxpayers, according to the Treasury Department's Inspector General. Seniors are high on the "Most Negatively Affected List," and may wind up owing taxes and even a penalty. .The Notch is closely connected to problems that arose the last time Congress overhauled the Social Security benefit formula in 197A transitional benefit formula was provided to phase in the changes, and protect those closest to retirement from abrupt benefit reductions. The transitional formula was flawed however, and failed to provide the promised protection. .Drug companies and some patient groups have long criticized proposals like this last rule, saying it would reduce innovation and access to certain medications. In addition, drug makers are particularly leery of the approach since Democrats want to use it more broadly to allow Medicare to directly negotiate prices. .Jessie Gibbons – TSCL's senior policy analyst – told Karen Damato of Money, "We're concerned that the abrupt change will cause a lot of confusion and frustration among older Americans, many of whom don't have reliable access to text-enabled cellphones." In addition, Mary Johnson – a policy consultant for The Senior Citizens League – told Mary Beth Franklin of InvestmentNews, "Based on what we know at the moment, the alternative to checking online is either calling SSA's 1-800-772-1213 line, or trekking out to a local Social Security office where you take a number and wait in line." She also said, "The Senior Citizens League feels that online security is vital, but feels alternate options should be offered." .Under a rule change that will take effect in July the Center for Medicare and Medicaid Services (CMS) will allow insurers and employers to exclude certain copay assistance programs from counting toward deductibles and out-of-pocket maximums. The rule applies even for expensive brand-name drugs with no generic alternatives. .The additional coronavirus emergency legislation is likely to crowd out many other items that were once on the Congressional priority lists for the summer. As a result, the list of other "must pass" legislation is increasingly small, with priority being given to bills to fund the federal government and renew Pentagon programs. .Source: "Senators Introduced Medicare Reform Plan: The Congressional Health Care for Seniors Act," Paul.Senate.Gov, March 15, 2012.