News

  • Legislative Update For Week Ending November 13 2015

    We encourage all Medicare beneficiaries, who wish to have the legal right to import less costly FDA-approved prescription drugs, to contact your Members of Congress. Ask them to pass the Pharmaceutical Market Access legislation, H.R. 328 (House) and S. 334 (Senate). .This week, four new cosponsors signed on to Congressman John Garamendi's (CA-3) bipartisan Consumer Price Index for Elderly Consumers (CPI-E) Act (H.R. 1251), which would base the Social Security cost-of-living adjustment (COLA) on a more fair and adequate inflation index if adopted. The new cosponsors are Congressmen Marc Veasey (TX-33), Gregorio Kilili Camacho Sablan (MP), Vincente Gonzalez (TX-15), and Andre Carson (IN-7). The cosponsor total for H.R. 1251 is now up to forty-three. .Two Key Bills Gain Support … Continued

  • Category Legislative News Page 2

    If the Social Security COLA were based on a more accurate measure of inflation for senior citizens, next year's increase would not be 0.3 percent – it would be 2.1 percent according to the Bureau of Labor Statistics. Do you support legislation that would base the COLA on a more accurate inflation index like the Consumer Price Index for the Elderly? .There seems to be a great disagreement among supporters of Notch reform over who is truly a Notch Victim. What are the facts? .This week, the House of Representatives was scheduled to consider legislation which would repeal the health care reform law. However, due to the tragic shooting in Arizona over the weekend—which left six people dead, eleven wounded, and Congresswoman Gabrielle Giffords (AZ-8) clinging to life—the House schedule was cleared. … Continued

The measure's inclusion in the stimulus is likely to be a point of contention between Republicans and Democrats as they work to hash out a compromise this week that will address state and local funding, money for schools and extending expiring unemployment payments. .4 in 10 beneficiaries rely on Social Security for the majority of their income. . You are fortunate to already be in a Medicare drug plan that covers Lantus because not all Part D plans do. If your drug plan had been one of the several Medicare Part D plans that doesn't cover Lantus, this drug could cost as much as 0 per 100/ml vial. Many diabetics need about 3 vials per month to control their blood sugar, which would cost more than ,000 over a 12-month period. But since you are in a plan that covers Lantus and presumably the other drugs that you take, here's what to expect when you exhaust 2019's Part D initial coverage limit of ,820 in total drug costs, which includes what both you and your drug plan pays. .The CARES Act will not impact payment of Social Security benefits because funding from the projected Social Security payroll taxes will be credited to the Trust Fund. Increased borrowing and increased debt costs may put added pressure on Social Security for changes to improve solvency in the near future, though. .However, with two weeks to go before the October deadline, negotiations have stalled. Leaders in the House have decided to tie the temporary funding extension to a measure that would defund the Affordable Care Act. Currently, a number of political strategies are being considered, but members of both political parties are unsatisfied with the options that leaders have put forth so far. .Social Security Reform – Work for solutions that extend the Trust Fund's solvency and strengthen the program without enacting harmful cuts. .What you can do: To sign a petition, click here. .To learn more about your Enrollment Periods check your 2016 Medicare & You handbook, call 1-800—MEDICARE ( 7) or visit www.Medicare.gov. You can get free unbiased one-on-one counseling to help you sign up for Medicare and select the best way to receive coverage through your State Health Insurance Assistance Program (SHIP). Many of the programs operate through local senior centers or area agencies on aging. .The costs shown in the chart below assume coverage started on September 1, 201Costs include premiums, deductibles, and out-of-pocket cost sharing for 201Costs are estimates, and actual costs may vary somewhat depending on the pharmacy. The prices in our chart are likely to change for 2018.