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H R 867 Notch Fairness Act
Sixty-five percent of people surveyed by The Senior Citizens League support lifting the thresholds that subject Social Security benefits to taxation. The Senior Citizens League is seeking input from the public on this issue. To participate in a survey about Social Security and Medicare, visit . .The good news is that there was progress last week in moving the needed legislation forward. The Senate passed its own version of H.R.1868, which would postpone the cuts for another nine months. .We have reported several times in the last few weeks on President Trump's promised 0 drug discount card for seniors. … Continued
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Medicare Part D Will Cost Me More 2 Feed
"We should not allow health insurers to limit how much cost-sharing assistance can help patients at the pharmacy counter," the spokesperson said. .Could you tell me the advantages and disadvantages of life insurance once we start Social Security? Doesn't Social Security pay widow's benefits? Do we really need life insurance if we have a (401)k and IRA savings? .Johnson selected 20 companies for her sample and downloaded each company's public 2018 proxy information, which contains Executive Compensation Tables required by the Security Exchange Commission. The analysis uses only the actual salary and performance pay, both of which are subject to Medicare and Social Security payroll taxes up to the limit. No stock awards were included. … Continued
The COVID-19 recession of 2020 may potentially result in permanent benefit cuts for about 4 million people. Q & 038; March 2021 Can You Tell Me My Full Retirement Age? .Fortunately, H.R. 3 is not the only legislation in either house of Congress that could lower drug prices and accomplish the other things necessary to fix Medicare and Social Security. .Source: "The 2018 Long-Term Budget Outlook," The Congressional Budget Office, June 2018. .Both retirees and the disabled spend a very significant portion of their incomes on healthcare costs. For many, health insurance premiums are the most significant expense that they incur every month. That includes what the government automatically deducts for Medicare Part B, and what individuals shell out for a Medicare Advantage plan or Medigap policy, and Part D drug plan. According to a policy brief from the Kaiser Family Foundation, premiums account for the largest share of Medicare beneficiaries' out-of-pocket health spending. Four-in-ten Medicare beneficiaries spend more than 10 percent of their income on premiums alone. To get a better idea of what the government does track, here's a list from the Bureau of Labor Statistics (BLS). The BLS has classified all expenditure items into more than 200 categories, arranged into eight major groups. Major groups and examples of categories in each include: .During the most recent years for which data are available (2000-2004), the total number of mismatched wage reports jumped from 217 million at the end of 1999 to 264 million by 2004, an average of more than 9.3 million per year—82% higher than during the 1990's and more than double the rate of the 1980's. .This week, The Senior Citizens League was pleased to see support grow for three bipartisan bills that would improve the Medicare program and reduce prescription drug prices. .Mary: Who tends to use anchors to influence our decisions, and when should we be wary? .Manufacturers have traditionally claimed that only the lure of windfall profits would encourage them to take the necessary risks, since drug development is expensive and there's no way of knowing whether they're putting their money on a horse that will finish first, or scratch. .The future of the AHCA remains uncertain in the House, and in the Senate, lawmakers have been even more cautious about its prospects. On Wednesday, Senate Majority Whip John Cornyn (TX) said: "Once [House lawmakers] pass the bill, my assumption is, the Senate's going to take a look at it but not necessarily be rubber-stamping what they're proposing. I would anticipate that we'll do what we used to do all the time which is, the House will pass a bill, we'll pass a bill, and then we'll reconcile those in a conference committee."
