News
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Legislative Update August 2011 Advisor
This week, TSCL was pleased to see four key bills gain new cosponsors in the House and Senate. .Congressmen from both sides of the aisle have demanded an explanation. At a recent hearing on reimportation attended by TSCL staff, Senator Bill Nelson (FL) said that Canadian drug shipments were seized from more than 100 of his constituents. .How much are you spending on prescription drugs? Please tell us by taking our 2019 Senior Survey. … Continued
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Where Are All The Covid 19 Vaccines
Overpayments are recovered by several means. If the beneficiary is still alive, the overpayment may be sent back to the Social Security Administration, or the Administration will withhold benefits until the amount is paid in full. Other means include seizing tax refunds, wage garnishments, settlements and civil suits. When beneficiaries can't afford to repay the overpayment, a lesser withholding amount can be requested, or beneficiaries can contact Social Security to set up a monthly installment plan to repay the amount. Those who don't agree that they have been overpaid can appeal. Learn more about overpayments at SocialSecurity.gov. .Therefore, they are considering using the "reconciliation" process because they would only need 51 votes. But if they do that, legislation passed over ten years ago dictates that they must either raise taxes or cut spending on current programs to pay for the new spending in the President's bill. .TSCL Endorses Social Security Administration Fairness Act … Continued
Provide a one-time bump – up in monthly benefits for all beneficiaries. A higher level of monthly benefits would mean more adequate COLAs and a greater ability to afford Medicare Part B premium increases in coming years. .Because the House of Representatives has 435 members its rules are much less complicated than the Senate's, which has 100 members. If the House had the same rules as the Senate, nothing would ever be accomplished. .This is a new issue that has popped up on our radar and TSCL will be studying it in greater depth as we learn what might be done to insure lower prices and greater security for the prescription drugs that are so important for so many of us, especially the nations senior citizen population. .Welcome to the month of February! This week, President Donald Trump addressed the nation in his first State of the Union, and The Senior Citizens League (TSCL) monitored negotiations at one Senate hearing. In addition, four key bills gained new cosponsors in the House and Senate. .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. .Now the Centers for Medicare & Medicaid Services (CMS) has told hospitals they can't hide their prices from web searches. .Ensure that rebates drug makers now pay to benefit managers and insurers get passed directly to patients when they buy a medication. The White House last year withdrew an earlier version of the proposal, after the Congressional Budget Office estimated it would cost taxpayers 7 billion over 10 years. .Social Security Cost-of-Living Adjustment – Ensure a fair, accurate, and guaranteed COLA. .Reduce the annual cost-of-living adjustment (COLA) that beneficiaries receive once they become eligible for benefits.
