Legislative Update For Week Ending July 27 2012
In the weeks ahead, TSCL will keep a close eye on the issue, and we will advocate for solutions that will improve access without jeopardizing online security. For progress updates, visit the Legislative News section of our website or follow us on Twitter. .Specialty-tier drugs are defined by Medicare, as those that cost more than 0 per month in 2019, and include drugs used to treat cancer, hepatitis C, multiple sclerosis (MS), and rheumatoid arthritis. Even when Part D enrollees reach the Medicare Part D catastrophic coverage phase, when co-insurance drops to 5%, beneficiaries who take these drugs can continue to face thousands of dollars in annual out-of-pocket costs, according to the Kaiser study. The study found that annual out-of-pocket costs for specialty drugs in 2019 are expected to average ,994 across the 28 specialty-tier drugs that are covered by drug plans. .Insurance for Old Age: Are Annuities A Good Idea? … Continued
Legislative Update For Week Ending July 11 2014
This week, Rep. Paul Ryan (WI-1), Chairman of the House Ways and Means Committee, revealed that Congress will not consider legislation that would permanently repeal and replace the SGR – the flawed formula that sets payment rates for doctors who treat Medicare patients – before the March 31st deadline. Instead, they will likely pass another short-term "doc fix" in order to avert a 21 percent pay cut for physicians that is set to hit on April 1st. .SSA Implements New Security Policy .Now, the government of Canada is banning drug manufacturers and distributors from shipping any Canadian drugs that might be at risk of shortage to the United States. … Continued
What We Know and What We are Still Learning .Social Security is by far and away the nation's most successful and popular insurance program. .Federal law generally prohibits or restricts the payment of both Social Security and SSI to unauthorized noncitizens, but a number of exceptions exist. Although the perplexing web of rules differ for each program, immigration or disability attorneys are frequently involved in applicants' efforts to apply and qualify for SSDI or SSI benefits. In addition, illegal immigrants may be using forged or invalid Social Security numbers (SSNs) and papers when claiming benefits. .I would like to know the deductible of my Medicare. .(Washington, DC) – Although there won't be any Social Security cost – of - living adjustment (COLA) next year, many of the nation's biggest drug and health plans are sharply increasing costs, warns The Senior Citizens League (TSCL). "Outrage is growing among older voters who question how COLAs can be zero, when their healthcare costs are taking the biggest jump in seven years," says TSCL Chairman, Ed Cates. .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. .We enthusiastically support H.R. 1811 and H.R. 1716, and we were pleased to see support grow for both bills this week. .For details, or to see if your Members of Congress will be holding town hall meetings during the summer recess, call their local offices. You can find contact information HERE. .TSCL enthusiastically supports H.R. 2305 and H.R. 3118, and we were pleased to see support grow for both of them this week.