News
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Congress Still Trying To Find A Way To Pass Health Care Legislation
We've also reported on an analysis by the Social Security Administration about the effect of the President's directive on the viability of Social Security. That report said in part, the " DI [Disability Insurance] Trust Fund asset reserves would become permanently depleted in about the middle of calendar year 2021, with no ability to pay DI benefits thereafter. We estimate that OASI[Old Age and Survivors' Insurance] Trust Fund reserves would become permanently depleted by the middle of calendar year 2023, with no ability to pay OASI benefits thereafter." .To identify people in the country illegally, Medicare relies on information from the Social Security Administration in order to deny claims. The Social Security Administration receives data from the Department of Homeland Security and other agencies but CMS doesn't always receive information relating to unlawful presence in a timely manner, according to the Inspector General. .his week, members of the new budget conference met for an opening session, and The Senior Citizens League (TSCL) announced its support for legislation that would extend the open enrollment period for the Affordable Care Act's (ACA's) health insurance exchanges. In addition, important numbers were released by the Department of Health and Human Services (HHS) this week, and TSCL saw . … Continued
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Medicare The Senior Citizens League
This week, the Senate's Gang of Eight was busy defending its comprehensive immigration reform plan, and The Senior Citizens League (TSCL) saw two key bills gain support. .Compare your drug and health plan options NOW during the Medicare Open Enrollment period before it ends on December 7th. Does your current drug plan even cover your expensive new prescription? If not, you need to check your other options. Chances are another plan will. Use the Drug and Health Plan Finder at www.Medicare.gov. Make sure you carefully enter every prescription drug you take in order to get a custom comparison of your best drug plan choices. Costs can vary by hundreds, even thousands, of dollars, and you may be very surprised by the savings from switching to a better plan. .Last week White House Chief of Staff Mark Meadows announced that President Trump would soon be signing three executive orders regarding prescription drug prices. While he did not provide any further information the Washington Post published an article about what one of the orders is likely to be. … Continued
First, one new cosponsor, Representative Dean Phillips (MN-3), signed on to Congressman Larson's Social Security 2100 Act (H.R. 860), bringing the total up to 20If adopted, this critical bill would strengthen and reform the Social Security program responsibly, without enacting benefit cuts for current or future retirees. It would also cut taxes for millions of seniors and create a new Special Minimum Benefit set at 125 percent of the poverty line. .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. .The Democrats are likely to use reconciliation to move President Biden's COVID-19 relief measure through Congress while sidestepping a GOP filibuster. .The President ordered a payroll tax deferral, not a cut, meaning the taxes will not be collected for a while but they will still be due at a later date. However, some observers have suggested that rather than give employees the additional money and then try to collect it back from them at the end of the year, employers will simply hold onto the money so that the employees would never see it in their paychecks. .When you start retirement benefits before your full retirement age– which for you is 66 — you may work, but Social Security will withhold one dollar in benefits for every in earnings above the limit. The question for many people who go this route is when the withholding starts. .Please help us continue our important work on behalf of senior citizens and retirees. Make a secure, online donation today. .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. .In the days and weeks ahead, TSCL encourages its members and supporters to contact their elected officials to request their support for a clean and immediate increase in the debt ceiling. For frequent updates on this important issue, follow TSCL on Facebook or Twitter. .For more information about town hall meetings near you in the days ahead, call the local offices of your Members of Congress. For contact information, click HERE.
