News

  • Social Security Medicare Question April 2012 Advisor

    As a country, we need to be ready to fix this problem once our economy recovers by making reforms that strengthen both programs. Once this occurs, more money will flow back into the trust funds to bolster their coffers. To address this issue I introduced H.R. 1517, the Social Security and Medicare Lock-Box Act, which would establish separate surplus accounts for both the Social Security and Medicare Part A trust fund and help protect against anyone in Washington from spending those resources on unrelated projects. Washington may be broken but legislation like H.R. 1517 will help ensure retirees' hard-earned tax dollars are protected and our promise to seniors is kept. .There is already reason to worry that our deliverance from the coronavirus will cost us plenty. BARDA paid AstraZeneca up to .2 billion toward development, production, and delivery of its candidate vaccine, in order to secure 300 million doses in October. Britain paid the equivalent of million to secure 100 million doses in September — one-fifth of what the United States government agreed to pay per dose. .The CR that was adopted on Thursday will provide funding for two weeks, which lawmakers hope will give them enough time to iron out the details for a larger spending package. TSCL will be following the negotiations closely in the coming days and we will post updates here in the Legislative News section of our website. … Continued

  • Faq How Are Medicare Benefits Impacted By The New Debt Deal

    In the coming weeks, TSCL will be keeping a close eye on the confirmation of Congressman Mulvaney, and we will be posting updates about the process on Facebook, on Twitter, and here in the Legislative News section of our website. .If you or a loved one is looking for assistance regarding vaccine distribution, economic impact payments, or any other COVID resources, be sure to reach out to your federal, state and local government representative or a trusted community organization. .In the midst of all this, a new study by The Senior Citizens League (TSCL) found that the drop in average wages in recent years coupled with no cost-of-living-adjustments (COLAs), and projections of extremely low COLAs, is reducing the amount retirees can count on in Social Security benefits over their retirement. … Continued

The Social Security 2100 Act (H.R. 1391), introduced by Representative John Larson (CT-1). Like the FAIR Social Security Act, this bill would base COLAs on the CPI-E. It would also provide a 2 percent benefit bump for the average beneficiary and create a new minimum benefit set at 25 percent above the poverty line. In addition, more than 11 million seniors would see a significant tax cut, since the bill would double the income threshold for the taxation of benefits from ,000 per individual to ,000, and from ,000 per couple to 0,000. .Medical Care (prescription drugs and medical supplies, physicians' services, eyeglasses and eye care, hospital services) .As you may have heard, Social Security recipients received a cost-of-living increase this year. This is good news for seniors, but it's not good enough. .Low-income "dual eligibles" — Medicare beneficiaries whose incomes are so low that they are also eligible for Medicaid. Part B premiums are paid on their behalf by their state Medicaid program (about 19% of beneficiaries).[4] .On Wednesday, the Senate Finance Committee held a hearing to question Congressman Tom Price (GA-6), an orthopedic surgeon from Georgia who was nominated by President Trump to become the next Secretary of the Department of Health and Human Services (HHS). If confirmed, Congressman Price will lead the agency that has jurisdiction over Medicare, Medicaid, Social Security, and many other critical health programs. .Gathering with unvaccinated people from more than one other household .TSCL supports several bills that would lead to lower prices for Medicare Part D beneficiaries, and we will continue to seek out innovative solutions that would increase access to lifesaving prescription drugs. The goal remains to ensure safe and affordable medicines for older Americans. .Noncitizens who began receiving benefits before 1997, and who never received legal work authorization, can receive benefits. In addition, individuals who never obtained work authorization, but who received a SSN prior to 2004, and now live abroad, could potentially receive a benefit. .Our surveys are the key means to educate the public on issues, and for Members of Congress, to gauge how people think. Survey results can turn up the heat during an election year. This month, TSCL launches our annual 2020 Senior Survey, and we urge you to participate. This is our most important survey of the year, and your responses count.