News
-
Three Family Members On Medicare Each With High Drug Costs
Two years ago, President Obama bypassed Congress to halt the deportations of almost 5 million unauthorized immigrants. The Supreme Court recently tied on a ruling that allowed a lower court's ruling to stand, barring Obama's executive action. Do you believe President Obama overstepped his constitutional limits? .I'm 62 and trying to make some decisions about retirement. I'm confused and overwhelmed with information. Recently a friend told me about a retirement coach. I've never heard of this before. Is this a good idea or just another scheme to siphon money out of people nearing retirement? .We were also told that the Congressman is working on further legislation to raise benefits and further extend solvency which he plans on introducing later this year. We will report on that new bill whenever it is introduced. … Continued
-
Update Social Security Benefits Lose 32 Percent Of Buying Power
Seniors Speak Out: TSCL Delivers Petition Tsunami To Congress .My pulmonologist ordered a CT scan, but the person scheduling appointments said they first had to check my insurance. Is this correct? I'm covered by Medicare and a Medicare Advantage plan. I thought I would be covered for any medically necessary CT scan. .And it will not feel like a bargain if we get free or cheap vaccines during a pandemic but pay dearly for annual COVID-19 shots thereafter. … Continued
If these aren't challenges enough, The Senior Citizens League (TSCL) recently estimated that the Social Security benefits of the first wave of baby boomers have taken a hit from the economic downturn. Due to two years of no cost-of-living-adjustments (COLAs), and lower than expected COLAs, as well as an unprecedented drop in wages over the past decade, retiring seniors' benefits based on average earnings could be impacted as much as ,000. This impact is compounded when the losses in personal retirement savings and 401(k) plans are accounted for. .To stay updated on TSCL's legislative efforts and their progress in Congress, visit the Legislative News section of our website. You can also find us on Facebook or Twitter for more frequent legislative updates. .I'm enrolled in a Part D drug plan. I thought I would get my brand name drug Eliquis, for a copay, but I was charged 5.4Why was that? .What Could A COLA of No Less Than 3 Percent Mean For You? .Although home health workers are one of the fastest-growing segments of the labor market, they typically earn about ,000 per year, often without benefits. .Representative John Garamendi (CA-3) introduced H.R. 1553 on March 6, 201It has since been referred to the Committee on Ways and Means. .TREA Senior Citizens League Backs New Approach to Correcting the Notch .The Social Security Notch is the unexpectedly steep drop in benefits that affects people born from 1917 through 192This generation of seniors receives lower benefits than other seniors who had nearly identical work and earnings histories. .If adopted, H.R. 1553 would base annual Social Security cost-of-living adjustments (COLAs) on the Consumer Price Index for Elderly Consumers (CPI-E).