News
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Gop Obamacare Repeal Bill Gets Rocky Reception
Senate Committee Discusses SGR Alternatives .Congress should strengthen Social Security benefits by boosting benefits about 2 percent (about on average) and tie the annual cost-of-living adjustment (COLA) to the Consumer Price Index for the Elderly (CPI-E) which, in most years, would yield a modestly higher COLA. — 83 percent support, 12 percent not sure, and 5 percent opposed. .Foster testified before our committee that changes included in the health care law will cut funding for hospitals, skilled nursing homes, diagnostic labs and many other services by more than half the levels under prior law. In addition, future Medicare payments will be considerably below the current relative level. These rates would cause a significant number of providers to leave the market. … Continued
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Legislative Update For Week Ending August 2 2019
This legislation will also create "Social Security Administration Senior Centers" as pilot projects in 10 SSA field offices that will work to streamline the application and delivery processes of federal, state and local programs that serve low-income elderly or disabled individuals. .Fifth, one new cosponsor – Representative Steve Cohen (TN-9) – signed on to the Nursing Home CARE Act (H.R. 4704), bringing the total up to twenty-five. If adopted, H.R. 4704 would protect Medicare and Medicaid beneficiaries by more quickly codifying emergency preparedness rules for nursing home facilities that receive funding from the federal government. .A number of the Commission's proposals would hit seniors particularly hard. Here are a few highlights: … Continued
Three Key Bills Gain Cosponsors .Did your husband work in 2020? If his earnings averaged more than ,260 per month, he generally would not be considered disabled. .Both Social Security and Medicare have come under intense scrutiny for benefit cuts in recent years of deficit reduction negotiations. Immigration proponents say that immigration reform would boost the payroll taxes flowing to both programs and prolong program solvency. Critics, including TSCL, say that giving hundreds of thousands of illegal immigrants new access to Social Security would boost long-term costs far more than the 2-year estimated gain in solvency that the Social Security program would receive. Under current law the government continues to calculate entitlement and the amount of the initial benefit based on all earnings, even for jobs worked under invalid or even fraudulent Social Security numbers prior to gaining legal work authorization. .TSCL Presents 2012 Seniors Advocate Award .This week, the 115th Congress convened and lawmakers in the Senate took the first steps towards a repeal of the Affordable Care Act. .Americans are anxious to get back to normal after over a year of being limited in their activities because of the pandemic. For many seniors, as well as others, that includes vacationing, and vacationing includes trips on cruise ships. .The annual COLA increased Social Security benefits in January of 2021 by just 1.3 percent. While mild inflation in 2020 did improve the buying power of Social Security benefits by 2 percentage points through the month of January 2021 — from a loss in buying power of 30 percent to a loss of 28 percent — that improvement was completely wiped out by soaring inflation in February and March of this year," says Mary Johnson, a Social Security policy analyst for The Senior Citizens League (TSCL). Based on consumer price data through July 2021, the erosion in the buying power of Social Security benefits has deepened to 32 percent over the 2year period. .The overpayment amount that the Social Security Administration is claiming in your case may be due to several reasons. Here are some things that may affect you: .SSA Rescinds New Online Security Policy
