Based on projections in the Trustees Report, Social Security beneficiaries should expect to see a cost-of-living adjustment (COLA) between 2.4 percent and 3.0 percent in 201Medicare Part B premiums will likely increase by around .50 next year, so the typical beneficiary will pay 5.50 per month. If the estimates from the Trustees are correct, most Social Security beneficiaries will see modest increases in their net Social Security benefits next year after Part B premiums are deducted. .A new report has found that millions of senior Americans are missing out on over billion in benefits that help pay for healthcare, prescriptions, food, and utilities. TSCL is concerned that many Notch Babies may be missing out on these benefits that help those with limited income and resources, because they may not realize they are eligible. Many seniors struggle to pay for daily necessities like healthcare, medicine, housing, home energy and food. In addition many of these same older adults have one or more chronic health conditions like cancer, heart disease, diabetes, or arthritis resulting in higher healthcare costs and limitations on daily activities. .Investigate insurance company ratings. You want a company that will still be here 30 years from now when you are. Check with rating agencies like Standard & Poor's or A.M. Best and only do business with insurance companies having the highest two ratings. .New legislation, called the "National Senior Investor Initiative Act" or "Senior Security Act" (H.R. 1565), was introduced earlier this month with two Democrats and two Republicans as cosponsors. .As of yet, the text of the bills has not been released but TSCL will be closely monitoring these bills to determine if we will be supporting them. Coverage of dental and hearing care are two of our priorities and we are hopeful this legislation will provide the solution for one of those goals. .Recently we heard from Susan Gross, a 66-year old retired office assistant living in Central Virginia, who spends most of her day caregiving. Her 46-year-old son. who is disabled from cerebral palsy, lives with her, as does her mother, who is now 9All three receive their healthcare coverage through Medicare. .This is certainly the case in Florida's 5th Congressional District, which I represent, where one in every four citizens has received SNAP benefits at some point over the past 12 months, a rate which is nearly twice the national average. It is estimated that only 42 percent of eligible seniors are enrolled in SNAP. SSI and the MSP have similarly low rates among seniors and individuals with disabilities. This is unacceptable. .The new bill would reform the health care system in several ways if adopted. It would remove the ACA's individual and employer mandates, modify tax credits so they would be based on age instead of income, create a new penalty for individuals who do not maintain continuous health insurance coverage, and allow health insurers to charge older Americans five times more than they charge younger folks for their coverage, making health insurance unaffordable for millions of seniors who are not yet eligible for Medicare. ."Most people 65 and over take more than one prescription drug, so to get the lowest-costing plan that's right for you, people need to do a drug plan comparison based on all the drugs they currently take, " Johnson explains. "In addition, you should carefully compare prices at network retail pharmacies as well as mail order — those prices can also vary significantly," Johnson notes.