News
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Why The Social Security Disability Insurance Program Is Going Broke
But for more than two months, state inspectors failed to enter half the country's homes — a revelation that prompted CMS to crack down. .The bill now moves on to the full Energy and Commerce Committee for a markup, and later it will likely move to the House Ways and Means Committee, where more offsets will be added. Lawmakers in both the House and the Senate hope to repeal and replace the SGR before January 1st – if they fail to act, doctors who treat Medicare patients will see a 25 percent pay cut. TSCL was pleased to see the subcommittee's bill progress this week, and we are hopeful that Members of Congress will pass a permanent solution before the end of this year in order to preserve seniors' access to quality medical care. As the negotiations evolve, we will continue to post updates here in the Legislative News section of our website. .Social Security benefits have lost 30 percent of buying power since 2000. These are the findings of an annual TSCL study that examines the adequacy of Social Security benefits in keeping up with the rising costs typically experienced by adults age 65 and up. … Continued
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Social Security Medicare Questions January 2012
Sen. Sanders organized a petition drive that has garnered 400,000 signatures so far, and he is hopeful that his campaign will help prevent the adoption of benefit cuts like the "chained" Consumer Price Index (CPI). While some conferees seem to agree with Sen. Sanders, others feel that changes like increased Medicare means testing should be considered as part of a package to replace the automatic sequester cuts, which are scheduled take effect on January 15th. .It's up to us to see that they do. We must hold our elected lawmakers accountable. TSCL, our members and their families, friends, and supporters will not allow the Notch Issue to quietly die away, but continue to press for enactment of Notch Reform legislation. .Take A Look At This New Chart From The Senior Citizens League … Continued
Food and Drug Administration Issues Vaccine Fraud Alert .For example, the FDA is aware of people trying to prevent COVID-19 by taking a product called chloroquine phosphate, which is sold to treat parasites in aquarium fish. Products for veterinary use or for "research use only" may have adverse effects, including serious illness and death, when taken by people. .Last year, I introduced bipartisan legislation to halt this obscure tax increase on seniors. Since then, we've worked hard to build broad support inside of Congress and out. The bill has the endorsement of a list of taxpayer and seniors advocacy groups and passed the U.S. House of Representatives on a bipartisan vote on September 13, 2016. .The Senior Citizens League was disappointed that the President did not comment on Social Security or Medicare during his State of the Union address, but we were pleased that he spoke about the need to reduce prescription drug prices. The President said he was proud to have helped improve "access to breakthrough cures and affordable generic drugs" by speeding up the FDA approvals process last year. That move could increase competition and bring down prices by encouraging generics to enter the market more quickly. .At the same time, prices for generic drugs were slightly lower in the U.S. than in most other nations. Specifically, the U.S. spent an average of This week, one new cosponsor – Rep. Rich Nugent (FL-11) – signed on to the No Social Security for Illegal Immigrants Act (H.R. 1716). The cosponsor total is now up to thirty-two. .When we contacted the governor's office for evidence to back up DeSantis' comments, press secretary Cody McCloud didn't produce any studies or statistics. Instead, he cited the Florida Department of Health's contact tracing program, writing that it "has not yielded any information that would suggest any patients have been infected while travelling on a commercial aircraft." .The Hard Times Guide to Retirement Security .TSCL is hopeful that the bill will fail to win passage in the House since it would negatively impact older Americans if adopted. The AHCA would restructure the Medicaid program, which helps fund health care for 11 million – or around 1 in 5 – Medicare beneficiaries. It would also base premium subsidies on age instead of income, and allow private health insurers to charge older Americans more than they charge younger folks for their coverage. In addition, it would deplete Medicare's Hospital Insurance Trust Fund by eliminating a key revenue source, and the program would face an immediate funding crisis. .If you feel that this site is not following its stated privacy policy, you may contact us by writing to The Senior Citizens League, 1800 Diagonal Road, Suite 600, Alexandria, VA 22314, through e-mail at comments@ or call us at800-333-TSCL (8725). All received complaints will be investigated and responded to promptly. .This week, talks to repeal and replace the sustainable growth rate (SGR) formula continued, but lawmakers revealed that a temporary "doc fix" might be necessary. In addition, The Senior Citizens League (TSCL) announced its support for a new piece of legislation, and one key bill gained support. .Third, two new cosponsors – Representative Julia Brownley (CA-26) and Representative John Delaney (MD-6) – signed on to the Social Security 2100 Act (H.R. 1902), bringing the total up to 17If adopted, H.R. 1902 would responsibly reform the Social Security program while strengthening benefits for seniors. It would also ensure the program's solvency through the year 2100. .Sen. Bernard Sanders (VT) introduced S. 500 on March 7, 201It has since been referred to the Committee on Finance. .The CARES Act provides employers with incentives to retain workers on the payroll through a tax credit. In addition, employers are allowed to defer the employer portion of payroll taxes for 2020, with the taxes due in two equal installments by December 31, 2021, and December 31, 2022. .84 cents for a generic that would have cost an average of elsewhere, according to the report from RAND Corporation, a nonprofit and nonpartisan research organization. . My husband who is diabetic and has high blood pressure, underwent surgery for colon cancer in March of 2020. He recovered and returned to work last summer. Shortly thereafter he had a stroke. He's been unable to work and received short. Q & 038; August 2020 My Ex-Spouse Died. Would I Qualify For Widow's Benefits Even Though I'm Re-married? .Action on Capitol Hill was slow this week as Members of the House returned to their districts for a week-long recess, and most Members of the Senate kept their focus on a transportation bill and a series of judicial nominations. However, on Thursday, four Senators unveiled a drastic plan to phase out Medicare. .The bill would limit price increases in drugs covered by Medicare Part D plans to the rate of inflation or drug makers would be forced to pay a penalty in the form of a rebate. "Since Social Security benefits only grow at the rate of inflation, it would help level the playing field if the cost of prescription medications were required to be adjusted in like fashion," Johnson notes. Research on typical retiree costs conducted by Johnson has found that from 2000 to 2019, annual cost – of – living adjustments (COLAs) increased Social Security benefits by 50 percent but spending on prescription drugs grew five times faster — 253 percent — over the same period. .Medicare Advantage plans require very careful scrutiny of potential costs. Some plans have lured seniors with low premiums and deductibles, only for enrollees to discover high undisclosed costs later.
