News
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Again Colas May Face Another Round Of Cuts In Debt Limit Battle
The U.S. Supreme Court is expected to decide a case in June that could have far -reaching implications for Social Security and Medicare. The Obama Administration has asked the Supreme Court to reinstate its executive action plan on immigration. The plan would give temporary relief from deportation and work permits to almost 5 million unauthorized immigrants. Should the Supreme Court find in favor of President Obama, his Administration would have 7 months to implement the program before his term ends. .And, given the unfunded mandates and billions of dollars in regulatory costs from Obamacare – the last attempt at government-controlled healthcare, Medicare-for-all would undoubtedly break the back of at least half of our rural health care providers. ."Social Security Stops Trying To Collect On Old Debts By Seizing Tax Refunds," Marc Fisher, The Washington Post, April 14, 2014. … Continued
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One Third Of Social Security Recipients Have No Other Income
In the months ahead, The Senior Citizens League will continue to work for enactment of legislation that would strengthen Medicare and lower costs for current and future beneficiaries. For progress updates, follow The Senior Citizens League on Twitter. .TSCL supports legislation that would lift or eliminate the Social Security taxable maximum. Such a change is estimated by Social Security Trustees to eliminate 67% of Social Security's long-term shortfall over 75 years while improving retirement security. .Supporters also stressed the fact that the IPAB has strict limitations. The Board cannot restrict Medicare benefits, raise taxes, increase beneficiaries' cost-sharing, modify eligibility criteria, cut payments to hospitals before 2020, or ration care. Instead, the IPAB will report on healthcare costs, access, quality, and utilization each year, and will make innovative cost-saving recommendations as it sees fit. … Continued
Key Bill Gains Cosponsor .Based on your age, you potentially may be able to use a claiming strategy at your full retirement age (66) that could provide you with a divorced spousal benefit, while you wait for your own benefit to grow. Once you have reached full retirement age you can choose to receive only the divorced spouse's benefit and delay receiving retirement benefits based on your own work record until a later date or when you turn age 70. .In January, one-third of all Medicare beneficiaries will see a Part B premium increase of 22 percent – the highest increase in 27 years. Do you believe Congress should take action like it did last year to prevent the dramatic increase? .What is the purpose of this test? —Is the test being ordered for a possible (asymptomatic) disorder when you have no symptoms or clear sign of disease? Or, is it needed to confirm a suspected diagnosis? .Here are some questions to consider in shopping for dental insurance: .The prices that insurers pay for in-network services are typically much lower than the provider list prices. .To address this issue, my office put together a two-pronged approach both locally and nationally. First, we held a resources fair in South Los Angeles, focusing on identifying and combatting senior scams with service providers that offered direct assistance for attendees. Second, I introduced a bipartisan resolution to call attention to the barrage of fraud attempts that seniors face nationwide. .Sources: "Relief From Deportation: Demographic Profile Of The DREAMers Potentially Eligible Under The Deferred Action Policy," Migration Policy Institute, August 2012. .Regarding Social Security, TSCL was pleased to see that the President's proposal did not include the "chained" CPI, as it did last year. Many in Congress were also relieved by its absence. Shortly after the blueprint was released, Sen. Bernie Sanders (VT) – founder of the Defending Social Security Caucus – said, "I am especially proud that the President did not renew his proposal to cut Social Security benefits. With … more people living in poverty than ever before, we cannot afford to make life even more difficult for seniors."
