Their new estimate says that universal masking in the U.S. could save some 130,000 lives by the end of February. .The recommendation of MedPAC would combine the deductibles for Part A and Part B services. Currently the deductibles are charged separately and for good cause. About 80 percent of Medicare beneficiaries never pay a Part A deductible because they don't require hospitalization in most years. The Part A deductible for hospital inpatient services is ,156, a cost that is covered in full today by all Medigap supplements. Some Medigap supplements also cover all of the Part B deductible, which is 0 in 201Costs differ for seniors enrolled in Medicare Advantage depending on the plan. Co-payments would also change and vary by the type of service and provider. ."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. .The Social Security Trustees estimated last year that SS payroll taxes in 2020 would be about 3.8 billion under average economic conditions. Thus the 6 billion cost of the payroll tax provision in the CARES Act appears to be as much as 42% of all anticipated Social Security revenues for 2020. .TSCL is hopeful that President Trump will lend his support to the Medicare Prescription Drug Price Negotiation Act, since we believe it would go a long way in reducing the costs of lifesaving medications for beneficiaries. We will continue to advocate for it on Capitol Hill, and we hope to see it signed into law before the end of the 115th Congress. For more information, visit the Bill Tracking section of our website. .As for job hunting tips, my book has a chapter called "Six Rules for Job Hunting." I discuss how to package yourself as the solution to an employer's problems, how to keep your skill set fresh and relevant, 21st Century networking techniques, and several other key strategies. .New Social Security COLA Legislation Introduced .Trump Issues Executive Order on Prescription Drugs .The AWI, however, is susceptible to causing permanent benefit reductions when it turns negative, which can happen in years of deep economic recession and extraordinarily high unemployment, as was the case in 2020. Last year, concerns were high that the reductions could be as high as 9.1%, according to an estimate by Social Security's Chief Actuary Stephen Goss. But since then the economy and wages have steadily recovered and the dip in the AWI, if any, is not expected to be so deep.