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  • Category Issues Medicare Part B Page 6

    Sources: "Do You Like Your Doctor? Obamacare Drives UnitedHealth to Downsize its Medicare Physician Networks," Avik Roy, Forbes, November 18, 2013. .Can your husband do the work he did previously? If he can, your husband would not qualify. .Thus, if you need to replace lost income right away, and you don't have a lot of savings or other resources to finance a waiting period for benefits, your husband may be better off simply filing a claim now for Social Security retirement benefits. While those benefits would be reduced due to starting benefits prior to his full retirement age, the application process is straightforward and can be accomplished easily online. Benefits could be started on the effective date you choose. … Continued

  • Legislative Update Week Ending September 7 2018

    Higher-income beneficiaries. People with modified gross incomes above ,000 (individuals) or 0,000 (couples) in 2017 are required to pay higher Part B premiums. The amount they pay varies depending on income. According to Medicare Trustees, their premium increases will range from to per month. .The Senior Citizens League enthusiastically supports S. 2554, H.R. 1251, and H.R. 4704, and we will continue to advocate for their passage in the months ahead. For more information, visit the Bill Tracking section of our website. .While Ponzi relied on keeping his financing scheme secret, Social Security's financing is well known. The Social Security trustees issue a detailed report every year that outlines the projected financing and outlays and funding problems of the program. … Continued

(Washington, DC) – Providing a cost-of-living adjustment (COLA) in 2016 should be the next top priority for Congress, according to a new poll of retirees released today by The Senior Citizens League (TSCL). When asked, "Which of the following should be the most important priority for Congress in the next few months?" the majority of poll respondents — 34 percent — said that Congress should "Provide a higher and more fair COLA." In October the Social Security Administration announced that inflation is so low there would be no COLA next year. "But Social Security beneficiaries today are struggling to keep up with rising costs, and next year's zero COLA will put them even further behind," says TSCL Chairman, Ed Cates. .TSCL Calls On Congress To Close The Loop Hole .The Consumer Price Index for Elderly Consumers (CPI-E) Act — Congressman John Garamendi (CA-3) introduced the bipartisan CPI-E Act in the 115th Congress, and in TSCL's December meeting with his office, he committed to re-introducing the bill once again in 201If adopted, his bill would enhance Social Security benefits by basing cost-of-living adjustments (COLAs) on an inflation index specifically for seniors. Under current law, COLAs are based on the way young, urban workers spend their money. .The fundamental fact is that two-thirds of Americans over the age of 65 depend on an average annual Social Security benefit of ,400 for at least half of their income. Yet little consideration has been given so far to the fact that earned income in excess of 3,700 is entirely exempt for the 6.2 percent payroll tax that funds Social Security benefits. TSCL believes that by raising the maximum wage ceiling Congress could significantly reduce the financial crisis facing the system, without causing financial hardship. .Fixing this problem seems to be more complicated than passing a continuing resolution to temporarily fund the government. Senate Minority Leader Mitch McConnell (R-Ky.) has made it known that no Republican Senators will support raising the debt ceiling and without Republican support Democrats will have to resort to a special procedure called "reconciliation" in order to pass it because of the Senate filibuster rule. In the past there has been partisan squabbling over raising the debt ceiling but when it came right down to it both sides ended up voting to raise it. We'll find out very soon whether that will happen this time. .The Senior Citizens League is disappointed that another Obamacare promise has been broken, and we are hopeful that the impact on seniors will be minimal. While UnitedHealth is the first Medicare Advantage insurance provider to announce doctor cuts, we do not expect them to be the last. For tips on checking your plan's provider networks or for other Medicare Advantage information, see "Out – Of – Pocket Costs Catch You By Surprise? How To Avoid "Sticker Shock" .Recently we heard from Susan Gross, a 66-year old retired office assistant living in Central Virginia, who spends most of her day caregiving. Her 46-year-old son. who is disabled from cerebral palsy, lives with her, as does her mother, who is now 9All three receive their healthcare coverage through Medicare. .Despite these obstacles, Rep. Rogers and Sen. Mikulski have said they remain committed to passing an omnibus this year, and they have reportedly instructed their aides to have a line-by-line spending plan ready by December 8th. TSCL is hopeful that a compromise can be reached before the looming deadline, since failing to do so would likely have a negative effect on Social Security and Medicare beneficiaries. In the coming weeks, we will continue to keep a close eye on the evolving discussions, and we will post updates here in the Legislative News section of our website. .TSCL enthusiastically supports H.R. 2745 and H.R. 2305, and we were pleased to see support grow for both of them this week.