News

  • Usmexico Social Security Treaty Must Be Opposed Feed

    But here's the real kicker. A statute of limitation loophole is hamstringing Medicare from recovering overpayments. Federal law allows a Medicare claims contractor to reopen a payment determination for "good cause" at any time within 4 years of the date the original payment determination was made. But another provision of law bars the recovery of overpayments from providers that are "without fault." And the law states that a provider is deemed to be without fault 3 years after the year in which the original payment was made unless there is "evidence to the contrary." .Women who earn less are particularly disadvantaged because females tend to live longer compared to men but have to live on less in benefits. The Social Security Administration website tells us that the typical woman receives ,218 each month while the typical man receives ,534 per month — meaning that, on average, men receive 25% more in Social Security benefits. This means that women have much less money to cover their expenses over a longer period. .Not only does this put unwitting retirees' Medicare number in the hands of crooks who can then resell it to be used to file more false claims, but it can cause Medicare to deny future coverage for genetic testing when it's really needed, because the patient's record will show the test has already been performed. … Continued

  • November 2012 Pharmacy Choice

    It was during this time that TREA Senior Citizens League (TSCL) was founded, and of its primary goals became the representation of those affected by the Notch in Congress. Recognizing that Congress created the Notch by reducing Social Security benefits in the past, and that baby-boomers nearing retirement would provide continuing pressure to reduce benefits in the near future, TSCL's primary mission is to protect "earned" Social Security and Medicare benefits. .Canada's order will not prevent Americans from crossing the border to buy cheaper drugs; it doesn't affect sales made by brick and mortar pharmacies, according to a fact sheet released by the Canadian government. .All costs cited include premiums and prescription out-of-pocket. … Continued

With many seniors spending 30 or more years living in retirement, a COLA that keeps up with rising costs is essential protection for making retirement savings last, and for preventing seniors from falling into poverty. Yet over the past five years, Social Security benefits have grown on average about 1.4% per year — less than half the average rate of growth in previous years. Recent projections by the Congressional Budget Office for 2015 suggest another low COLA of 1.6% next year. .As outrageous as it is, there are reports of scams involving phony appointments for the COVID vaccine. People have received emails, phone calls or text messages supposedly from local health departments offering to put them on a vaccine registration list that doesn't really exist and then charging them for appointments. .Housing: (rent of primary residence, owners' equivalent rent, fuel oil, bedroom furniture) .The Centers for Medicare and Medicaid Services said the rule would be mandatory and will focus on 50 single source drugs and biologic drugs that comprise the largest majority of Medicare Part B drug spending. .The Senior Citizens League supports legislation that would strengthen the COLA and better protect the buying power of Social Security recipients. To learn more, visit . .In the latest issue of Best Ways to Save, retirees, and those nearing retirement learn: .Source: "Spouses Eligible For Higher Retirement Benefits," Office of the Inspector General, Social Security Administration, March 2014. .In the meantime, TSCL will be keeping a close eye on the budget negotiations since they will impact the funding of the Social Security and Medicare programs. We will post updates here in the Legislative News section of our website, and on our Twitter page. .In 2017, the COLA was almost zero again, just 0.3%. The Medicare Part B premium rose to 4 for people not protected by hold harmless. Again the Part B premium of Barbara and the majority of Social Security recipients was adjusted. Barbara's monthly Medicare premium was adjusted to 8, taking every penny of her tiny COLA boost.