News

  • H R 3061 Medicare Prescription Drug Price Negotiation Act

    How have you been affected by high Medicare Part B premium increases? To participate in a survey, visit The Senior Citizens League's website at . .First, one new cosponsor – Senator Dianne Feinstein (CA) – signed on to the Patient Right to Know Act (S. 2554), bringing the total up to seven. If adopted, this bipartisan bill would ensure that pharmacists are never prohibited from telling patients when their prescriptions would be cheaper out-of-pocket than through their insurance coverage. .By 2012, in just five years, the first wave of those former illegal immigrants who came to the U.S. in the 1970's at age 20, and became legal permanent residents in 1986, will turn 62 and old enough to file claims for Social Security. As immigrants draw close to retirement age they are more likely to check their Social Security records and request reinstatement of any unauthorized earnings for which they have evidence. This comes during the same period that Baby Boomers start retiring, and assets of the Social Security Trust Fund begin to decline. … Continued

  • Legislative Update For Week Ending June 28 2019

    Get unbiased counseling. NEVER, EVER drop your Medicare supplemental or switch Medicare Advantage plans based solely on the sales pitch of an insurance agent! This is especially true if the agent is trying to pitch you from a table set up in a discount store, or pharmacy window. DO NOT do business at all with anyone who calls on the phone or knocks on your door, regardless of who they say they are. There have been very widespread reports of con artists who tell seniors they are calling from Medicare or Social Security. You have no safe way of confirming who they are. Don't respond. Hang up and keep your doors locked! .Let your Representative know what you think! Ask him or her to co-sponsor, H.R. 2745, the No Social Security for Illegal Immigrants Act. Send an email here. .If signed into law, H.R. 973 would repeal the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) – two federal provisions that unfairly reduce or eliminate the earned Social Security benefits of millions of teachers, firefighters, peace officers, and other state or local government employees each year. … Continued

The Social Security Trustees further estimate that .9 billion in revenues in 2020 would come from the taxation of Social Security benefits. "Yet those revenues are also likely to be lower, impacted by both large numbers of older Americans who lost income from jobs, as well as from lower distributions from retirement accounts that have lost value from last year," Johnson notes. Under the CARES Act, retirees are allowed to completely waive required minimum distributions for 2020 from retirement accounts. .About one in five older and disabled Medicare beneficiaries has income so low that their state Medicaid programs pay some or most of their Medicare costs. That includes Medicare Part B premiums and out-of-pocket costs, as well as services that aren't covered by Medicare, such as vision, dental and nursing home care. .How much are you spending on prescriptions? Be sure to take TSCL's 2019 Senior Survey and let us know. TSCL is working with Members of Congress to enact legislation that would allow Medicare to negotiate drug prices and supports bills that would cap or reduce out-of-pocket spending. .Finally, two new cosponsors – Senator Cory Booker (NJ) and Senator Deb Fischer (NE) – signed on to the bipartisan CREATES Act (S. 974), bringing the total up to thirty in the Senate. If adopted, the bill would increase competition in the prescription drug industry by encouraging generic and biosimilar drug manufacturers to introduce their products to the market more quickly. .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. .Eliminating the tax on Social Security benefits that currently applies to individuals with incomes as low as ,000 and married couples with incomes less than ,000. .The audit is part of long-delayed plans to recover money that the Centers for Medicare and Medicaid Services (CMS) says it overpaid to plans that exaggerated the severity of illnesses of patients treated. The problem is one that the federal government has struggled with, unsuccessfully, for more than a decade. According to one estimate that appeared in Health Affairs, CMS will overpay Medicare Advantage plans by 0 billion over the next decade if the current "coding intensity adjustment" system remains in place. .The Senior Citizens League is predicting another record-low Social Security cost-of-living adjustment (COLA) in 2020 despite skyrocketing prescription drug prices and home heating costs. Will you cosponsor the Fair COLA for Seniors Act (H.R. 1553), which would make the COLA more adequate for Social Security beneficiaries? .TSCL continues to work with Members of Congress to pass "The Notch Fairness Act," legislation which would provide Notch Babies born 1917 through 1926 with a settlement of ,000 or a choice of higher monthly benefits. What you can do: Urge your Members of Congress to co-sponsor and pass "The Notch Fairness Act," H.R. 1001 and S. 118! To learn more about the status of Notch legislation, give us a call 1-800-333-8725.