News

  • Legislative Update Week Ending September 23 2016

    One rule, known as "most favored nation," would require Medicare to tie the prices it pays for drugs to those paid by other wealthy countries. The other rule would limit rebates paid to middle men (called "pharmacy benefit managers" or "PBMs") by drug makers in Medicare. .The TSCL report which contains Social Security Administration (SSA) data from 1937 through 2013, includes the following findings: .Here are some important tips to get you started: … Continued

  • Why The Social Security Disability Insurance Program Is Going Broke

    3 Social Security scenarios show vastly different results .This week, The Senior Citizens League (TSCL) hand-delivered petitions to leaders in the Senate requesting their support for legislation that would strengthen and expand the Social Security program. In addition, lawmakers advanced a short-term deal to keep the federal government operating, and two key bills gained support in Congress. .Finally, two new cosponsors – Reps. Carol Shea-Porter (NH-1) and Juan Vargas (CA-51) – signed on to the Empowering Encore Entrepreneurs (E3) Act (H.R. 4613), bringing the total up to four. If signed into law, the E3 Act would direct the Small Business Administration (SBA) to increase training and mentoring efforts for older entrepreneurs. More than 7 million older Americans are currently self employed, but many of them lack the training and technical expertise that is necessary in order to see success. By expanding outreach efforts, the SBA can help empower seniors and enhance their ability to revitalize the economy. … Continued

If adopted, H.R. 1716 would prohibit unauthorized workers from receiving Social Security benefits based on work done while in the country illegally, using stolen, fake, or fraudulent Social Security numbers. TSCL was pleased to see support grow for H.R. 1716 this week, and we will continue to advocate for it on Capitol Hill in the months ahead, since we feel that protecting the integrity of the Social Security program is of utmost importance. .The number of Medicare patients in observation stays has jumped 69% in the past five years, according to federal records. They are also staying in the hospital longer. Even though Medicare recommends that hospitals decide within 24 to 48 hours whether to admit or discharge patients, the number of observation stays exceeding 24 hours have nearly doubled. .Mid-Term Elections Shift Balance of Power .Here's how the board works: As soon as Medicare spending exceeds certain growth rates, the unelected 15-member board will begin making recommendations to lawmakers to rein in spending. Congress will then have a chance to respond by passing cost-cutting measures of its own. But if they fail to adopt legislation, the IPAB's recommendations will be automatically implemented. .Dental Coverage Under Medicare .Early this week, the Social Security Administration (SSA) announced that it would immediately remove the text requirement from the online account login process. TSCL first voiced concerns about the new security policy two weeks ago, when we learned of the change. Senior policy analyst Jessie Gibbons told Karen Damato of Money: "We're concerned that the abrupt change will cause a lot of confusion and frustration among older Americans, many of whom don't have reliable access to text-enabled cell phones." .Congress is considering comprehensive immigration reform that would provide work authorization and with it, valid Social Security numbers, to an estimated 12 million immigrants working in this country illegally.(3) In 2004 Congress passed the Social Security Protection Act (P.L. 108-203) requiring immigrants to have work authorization at the time a SSN is assigned or at some later time, in order to become entitled under Social Security. (4) .2 weeks after a single-dose vaccine, like Johnson & Johnson's Janssen vaccine .Expanded tax credits — Social Security numbers would pave the way for applicants to claim the Earned Income Tax Credit, and Additional Child Tax credit. In a recent Senate hearing, Eileen O'Connor, who ran the Justice Department's Tax Division under George W. Bush, explained that these refundable tax credits, "can create a ‘refund' of an amount you never paid as income taxes. So you can have a liability before the credit of 0, have paid in nothing, and with a refundable earned income tax credit of ,000, get a check from Uncle Sam for 0." She went on to say that immigrants who acquire Social Security numbers would be able to amend three years of previous tax returns to claim the earned income credit. The U.S. Government Accountability Office recently reported that an estimated 24% of all refunds due to the Earned Income Tax Credit are paid improperly.