News

  • Legislative Update For Week Ending February 28 2014

    What should you do? If you still use paper tax returns, don't wait for the forms and instructions to show up in your mailbox. The IRS did not send any out this year. Visit the IRS website at www.irs.gov for forms, instructions, and to file online. Free tax assistance services may be available in your area, or call your local IRS taxpayer assistance office. .However, leaders in the House postponed the vote and the discussion grew complicated after President Obama made a last-minute request to include funding for the training of Syrian rebels in the CR. "This is substantive policy change … Of course I would rather pass a clean, simple CR," said Rep. Mike Rogers (MI-8), chairman of the House Intelligence Committee, following the President's request. .Does Medicare provide coverage for eye care services or eyeglasses? … Continued

  • Legislative Update For Week Ending December 13 2013

    Are you at risk of a notch in your Social Security benefits? A & 8220;notch& 8221; refers to inequality in benefits between people who are close in age and have similar earnings records. One birth group receives significantly more in benefits, sometimes thousands of dollars per year, than. Benefit Bulletin: March/April 2013 ,000 Notch Fairness Act Reintroduced .As a result, experts have been saying that even people who have been vaccinated should continue to wear masks and keep their distance from others. . Double check the price quote that you received by checking the difference in price between several retail walk-in pharmacies and Humana's mail-in. Sometimes the price can be very different between the two. I learned that my drug plan's mail-in pharmacy would charge me 3 for three albuterol inhalers. The small local walk-in pharmacy was still charging just 1.99 for three. Often, mail order can be less expensive than walk-in retail. Check for each separate drug. You can use the Medicare drug plan finder to help you look up your plan and learn the cost of your co-pay or co-insurance. … Continued

The study examined the increase in costs of 32 key items between 2000 and January 201The items were chosen because they are typical of the costs seniors must bear. Of the 32 costs analyzed, 20 exceeded the total percentage of increase in the COLA over the same period. .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. .Financial losses in real estate and retirement accounts of the Great Recession of 2008 have left today's retirees and Baby Boomers with far less home equity and assets to draw from in retirement, even though seniors are living longer. Retirements are spanning 25 and even thirty years, but today's seniors are going into retirement with little savings. A recent Harris poll found that 22 percent of retirees age 65 and older say they have none of their retirement savings left. These people are completely dependent on Social Security and other family members. .Airlines frequently note that commercial planes are equipped with HEPA filters, the Centers for Disease Control-recommended air filters used in hospital isolation rooms. HEPA filters capture 99.97% of airborne particles and substantially reduce the risk of viral spread. In addition, the air in plane cabins is completely changed over 10 to 12 times per hour, raising the air quality above that of a normal building. . A divorced spouse can receive Social Security benefits on the account of an ex-wife (or husband) just the same as a surviving widower or widow. To qualify, your marriage must have lasted 10 years or more, and you did not remarry prior to age 60. You can receive a widower's benefit while you delay claiming your own retirement benefit to allow it to grow until age 70. You may claim your own retirement benefit, anytime it is higher than what you receive in survivors benefits up to age 70. .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. .Perhaps the single biggest difference between Ponzi schemes and Social Security is you and your vote. Voters have a tremendous influence in the choices that elected Members of Congress make to ensure that the program remains sound today and in the future. Social Security has been in continuous operation since 193Ponzi's scheme lasted barely 200 days. .Here's how the board works: As soon as Medicare spending exceeds certain growth rates, the unelected 15-member board will begin making recommendations to lawmakers to rein in spending. Congress will then have a chance to respond by passing cost-cutting measures of its own. But if they fail to adopt legislation, the IPAB's recommendations will be automatically implemented. .House Democrats did not pre-negotiate terms with the GOP-Senate or the White House, so it is unlikely that the bill, called the Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act will become law in its present form. Senate Majority Leader Mitch McConnell (R- Ky.) has already pronounced the bill dead. But most observers believe it is the opening bid on the part of the House leaders to begin a process that will eventually lead to a fifth virus-related relief bill.