News
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Legislative Update For Week Ending December 28 2012
The COLA also doesn't reflect cost increases in Medicare premiums and other rapidly growing Medicare costs. Research for The Senior Citizens League has found that Medicare Part B premiums are one of the fastest growing costs in retirement. Medicare Part B premiums, which are automatically deducted from Social Security checks, often consume most, or even all, of the COLA increase. .How accurate is it? .The first session of the 113th Congress has just reached the half-way mark, and already, The Senior Citizens League (TSCL) has much to show for it. Dozens of key bills have been re-introduced, hundreds of thousands of petitions have been hand-delivered to Congress, TSCL's legislative team and Board of Trustees have met with numerous Members of Congress, and in May, we hosted a successful "Welcome Reception" for new and veteran lawmakers and their top aides. … Continued
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Benefit Bulletin August 2015
Sources: "Draft MedPAC Language Calls For Medicare Benefit Redesign," John Reichard, CQ HealthBeat, March 8, 201Medigap Reform: Setting The Context, Kaiser Family Foundation, September 2011. .At the time of writing this week's update, neither chamber had voted on the omnibus spending bill, but its passage is expected before funding runs out on Tuesday, December 22nd. A vote in the House is scheduled for Friday morning, and lawmakers in the Senate will likely take it up shortly thereafter, potentially as early as Friday afternoon. President Obama signaled his support for the spending package on Wednesday, which means he plans to sign it into law if it is sent to his desk. .In addition, the agreements allow workers who split their careers in two or more nations to combine or "totalize" work credits from both countries. That allows them to become eligible for retirement benefits proportional to the amount of credits earned in either country. Although the U.S. has 24 such totalization agreements, most are with countries like the U.K. and Canada that have economies similar to ours. At issue in totalization with Mexico is whether millions of immigrants who have worked in this country without legal work authorization, along with their family dependents, would become eligible for U.S. Social Security benefits under the agreement. … Continued
The way to learn about your drug plan choices is to use the Medicare Drug Plan Finder at www.medicare.gov. You will need a complete up-to-date list of your current prescriptions. Correct spelling is essential. Using a computer, either you or a Medicare benefits counselor will input your information and prescription information. The Drug Plan Finder will pull up a list of all the plans in your area and the estimated costs for each based on the prescription you currently use. .Last May the House of Representatives passed a second coronavirus-related economic stimulus bill that addressed the on-going economic and medical hardships resulting from the pandemic. The legislation, which passed the House, included over trillion in relief for state and local governments, around 0 billion in hazard pay for essential workers, and billion for coronavirus testing and contact tracing. .Second, one new cosponsor – Representative Bradley Byrne (AL-1) – signed on to the bipartisan Social Security Fairness Act (H.R. 1205), bringing the total up to 195 cosponsors. If adopted, this critical bill would repeal the Government Pension Offset (GPO) and the Windfall Elimination Provision (WEP) – two provisions that unfairly reduce the Social Security benefits of millions of teachers, police officers, and other state and local government employees each year. Its passage would ensure that retired public servants receive the Social Security benefits they have earned and deserve. .But one thing is clear: Congress and the President, whoever his is, will have massive issues to deal with, not the least of which will be the future solvency of Social Security and Medicare. Our political leaders have to stop avoiding dealing with these tough issues. They can't continue to "kick the can down the road." .The ,400 stimulus checks will help millions of retirees to cope at a time when Social Security checks don't buy as much due to low COLAs while food and energy costs are climbing. The Senior Citizens League supports boosting Social Security benefits and tying the annual COLA to a consumer price index that more closely reflects the spending patterns of older Americans. To learn more and participate in surveys visit . .However, the pharmaceutical industry has spent billions of dollars over the years fighting this kind of legislation and passing it will not be easy. .TSCL opposes the payment of Social Security and Medicare benefits that are based on illegal work, and supports legislation that would ban Social Security work credits based on unauthorized earnings from being used to determine entitlement. .The new scams were quick to arise, and deft in their effectiveness. For example, in March of last year, the Social Security Administration posted an alert about a scam claiming that economic impact stimulus payments may be suspended or decreased due to office closures related to the COVID-19 pandemic, which was a lie. .As we all know, senior citizens are the most likely to be hospitalized or die from the Covid-19 virus -- by a wide margin.
