News
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Legislative Update Week Ending December 28 2018
In Virginia the law reduced unemployment benefits by half of a person's Social Security check. For example, someone who received ,000 per month in Social Security lost 0, or 5 from each weekly unemployment check. Social Security recipients were rightfully outraged and successfully lobbied the Virginia legislature for repeal of the unemployment "offset" rule. That repeal is now effective in Virginia and numerous other states. Check with your state unemployment commission to learn how Social Security might affect your unemployment benefits. .In the latest issue of Best Ways to Save, retirees, and those nearing retirement learn: .Congress should allow Medicare to negotiate drug prices by tying U.S. prices to prices paid in other industrialized countries like Canada, Great Britain and Japan where prices are lower. — 85 percent support, 13 percent not sure, and only 2 percent opposed. … Continued
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Social Security Medicare Questions June 2015
I'm helping my mother shop for an assisted living facility. She's considering one within reasonable driving distance, but a clause in the paperwork stipulates that she must agree to mandatory arbitration to settle any disputes. Can you explain the pros and cons of this? .The House of Representatives did not return to Washington but on Friday they held a vote on a resolution about whether to start conducting official votes by using proxies. To do so would end more than 200 years of precedent and now allow lawmakers serve as proxies for colleagues quarantined or otherwise stuck at home during the pandemic. .While the provision is valuable protection, it doesn't apply to all Medicare Part B enrollees. Roughly 30% of all Part B beneficiaries will not be protected in 201Those people are facing a Part B premium increase of about 22.3%, from 1.80 per month to 9.00, the highest increase in 27 years. People who are not protected by the hold harmless provision include: … Continued
Background Information: Once Congress returns from the August recess, they will only have until September 30th to raise the debt ceiling and prevent the government from shutting down. In the past, government shutdowns have meant a delay in payments for Social Security benefits, causing unnecessary fiscal hardship for many seniors. Question: What are you doing to ensure the government avoids defaulting on the federal debt? .Drug spending nationally increased by 76% between 2000 and 2017, and the costs are expected to increase faster than other areas of healthcare over the next decade as new, expensive specialty drugs are approved, according to the researchers. .This week, Members of Congress remained in their home states and districts to prepare for the upcoming election, and The Senior Citizens League (TSCL) saw support grow for one key bill. .Prior to being elected to Congress in 2010, I spent the past 15 years as a practicing cardiothoracic surgeon. As a physician, I always put patients first. Now, as a Congressman, I maintain that same philosophy. Some of the most important decisions in your life regard your health and well-being. I know from firsthand experience that those decisions should be left up to you, your family, and your doctor. .Many seniors can save substantially on drug costs by using mail order, and it's worth looking into. Be sure to use your drug plan's "preferred provider" mail order service. If you go outside of your drug plan's mail order network, your plan may not cover your drugs. .The makers of all three vaccines have said that their shots proved to be anywhere from 70% to 95% effective in clinical trials in protecting people from illness caused by the virus. But it was unclear whether the vaccines could also suppress transmission of the virus — that is, whether someone inoculated could still acquire the virus without getting sick and spread it to others. ."The need for an Emergency COLA has never been greater," says Benton. TSCL is meeting with Congress to urge lawmakers to enact emergency legislation to provide a COLA large enough to boost benefits in 2016 and 201In addition, TSCL is asking Members of Congress to pass legislation that would use a senior consumer price index, the Consumer Price Index for the Elderly (CPI-E), to more fairly calculate the annual boost. .TSCL urges Congress to take common-sense steps like the following five to reduce prescription drug prices: allowing the federal government to negotiate lower Part D prices, capping out-of-pocket expenses for Part D beneficiaries, permitting prescription drug re-importation, prohibiting anti-competitive pay-for-delay deals, and increasing price transparency. .2 weeks after their second dose in a 2-dose series, like the Pfizer or Moderna vaccines, or
