News

  • Much Social Security Will Spend Medicare Costs

    Currently, the two vaccines available are produced by Moderna and Pfizer. However, a vaccine from Johnson and Johnson could become available within the next few days. And there could be one or two more available in a few more weeks. .Seniors and the Covid Vaccine .Finally, two new cosponsors – Senator John Hoeven (ND) and Senator Angus King (ME) – signed on to the Concentrating on High-Value Alzheimer's Needs to Get to an End (CHANGE) Act (S. 2387). The cosponsor total is now up to twelve. If adopted, the bill would direct the Centers for Medicare and Medicaid Services (CMS) to create programs that would promote early identification, improve support for family caregivers, and provide continuous care for those battling many forms of dementia. … Continued

  • Notch Bulletin Not Even A Lump Sum Death Benefit Feed

    The nation's pharmaceutical industry has pushed back against the potential order, arguing that the United States should not shut itself off from a global supply chain. .During the recent government shutdown, a group of feisty World War II vets managed to do what Congress failed miserably to do for another 15 days – reopen a part of our shuttered government. The National Mall and parks in Washington D.C. were closed to visitors. But on day one of the shutdown, CNN reported that "busloads of World War II vets, many in wheel chairs, broke past the barricades to visit the World War II Memorial as onlookers applauded." As the cameras rolled and several Members of Congress were busy trading blame, a line of vets rolled past security officers "who willingly stepped aside," CNN reported. .When asked whether you prefer to get your Social Security benefits directly deposited electronically to bank accounts or received by mail, 9 percent of seniors still prefer receiving checks. … Continued

Here's how it works: If Medicare spending exceeds certain growth rates, the 15-member board must make recommendations to Congress to rein in spending. If Congress fails to respond by passing cost-cutting measures of their own, the board's recommendations would be automatically implemented. .Background Information: Social Security beneficiaries received another record-low cost-of-living adjustment (COLA) of just 0.3% this year. But if the COLA were based on a more accurate measure of inflation for seniors like the Consumer Price Index for the Elderly (CPI-E), they would be receiving an increase of 2.1% according to data from the Bureau of Labor Statistics. Question: Do you support legislation that would give older Americans a more fair and adequate Social Security COLA? .Open enrollment for Medicare Advantage (MA) plans is now in progress, and before selecting or renewing your current plan, The Senior Citizens League (TSCL) encourages all members and supporters to explore their options diligently. According to the Congressional Budget Office, more than 0 billion will be cut from the program by 2023 due to requirements under the Affordable Care Act (ACA), and many MA plans may be making modifications to benefit packages and provider networks that could affect enrollees significantly. .This week, one new cosponsor – Rep. Betty McCollum (MN-4) – signed on to the Social Security 2100 Act (H.R. 1391). The total is now up to sixty-two. If signed into law, H.R. 1391 would increase Social Security benefits by 2 percent, cut taxes for over 11 million seniors, increase the minimum benefit to 125 percent of the poverty line, and make cost-of-living adjustments more fair and accurate. It would also take measures to increase the solvency of the trust fund beyond the next seventy-five years, through the year 2100. .Budget Moves Through Committee .Payments to the plans were cut 6 billion over 10 years under 2010 healthcare reform legislation. So far the program has remained relatively stable and continues to grow in enrollment. .If adopted, the Social Security Administration Fairness Act would accomplish the following: .A new study by the Journal of the American Medical Association says that the Medicare Part D program could have saved roughly .7 billion in 2017 if doctors and patients had actively opted for generic drugs instead of brand name drugs. .As with the start of any new Congress, TSCL is encouraging Senators and Representatives to reintroduce and co-sponsor key legislation for seniors, like the Consumer Price Index for Elderly Consumers Act, the Notch Fairness Act, the No Social Security for Illegal Immigrants Act, and the Social Security Fairness Act. In addition, with comprehensive Social Security and Medicare reform on the minds of many deficit hawks, TSCL is working diligently to prevent harmful cuts for beneficiaries.