News
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Legislative Update For Week Ending August 31 2012
Which COVID-19 Vaccine Should You Take? .At the same time, prices for generic drugs were slightly lower in the U.S. than in most other nations. Specifically, the U.S. spent an average of The extra time was needed because although both houses of Congress were finally able to pass the needed legislation, the bill was nearly 5,600 pages in length. It is probable that no member of Congress actually read the entire bill and likely very few Congressional staff members read it either. .TSCL has been working with Rep. Larson the past few years to expand Social Security benefits, strengthen the Social Security Trust Fund and correct the flaw in the way annual COLAs are determined. We look forward to his reintroduction of the Social Security COVID-19 Correction and Equity Act. .Senate Committee Discusses Social Security Benefit Maximization .84 cents for a generic that would have cost an average of elsewhere, according to the report from RAND Corporation, a nonprofit and nonpartisan research organization. .Moreover, U.S. dependence on China for drugs and drug products is growing. Its imports of Chinese medical equipment increased 78 percent between 2010 and 2018. … Continued
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Millions Of Oldest And Poorest Senior Citizens Would Receive Compensation Under New Legislation
High drug or health plan premiums don't necessarily purchase better coverage. For example, the generic blood pressure medication Lisinopril is one of the most commonly used prescriptions by Medicare beneficiaries. The least expensive Part D plan in my area charges TSCL enthusiastically supports H.R. 1030 and H.R. 3118, and we were pleased to see support grow for both of them this week. .I'm 62 and trying to make some decisions about retirement. I'm confused and overwhelmed with information. Recently a friend told me about a retirement coach. I've never heard of this before. Is this a good idea or just another scheme to siphon money out of people nearing retirement? ."Another factor affecting retirement income is the amount of the initial Social Security benefit when one first retires. Social Security benefits are not growing as quickly as in in previous decades," Johnson says. This is particularly true for middle to lower earning workers due to the slow growth in real wages over decades. According to a report by the Congressional Research Service, between 1979 to 2018, real wages have grown for top earners, but have stagnated or fallen for middle to lower earners. "That is reflected in the (often disappointing) initial Social Security benefits of new retirees," Johnson says. copay for Tier 1 generics, and the monthly premium is just .50 in the zip code used in this search. The most expensive plan charges a co-pay of .19, and the plan has a monthly premium of .30 — a difference of ,055.88 for the entire year counting premiums! .SSA Rescinds New Online Security Policy .Congressional leaders have already given up on the idea of fully funding the government for the entire 2022 fiscal year and instead the current plan is to pass a "continuing resolution" (CR) that will fund the government at current levels until December The idea is to give them more time to craft the legislation needed to fully fund the new fiscal year. … Continued
If you are interested in helping TSCL make the most of the 113th Congress, give us a call at 800-333-TSCL to help us start a local chapter or plan a town hall meeting in your area. .TSCL's Board of Trustees Meets with Members of Congress .Major findings: .Sources: "An 87 Year Old Nun Said She Was Raped In Her Nursing Home. Here's Why She Couldn't Sue," Haley Sweetland Edwards, Time, November 16, 201"House Passes Ban on Forced Arbitration, Class Action Limits, Jaclyn Diaz, Bloomberg Government, September 20, 2019. .How the Coronavirus Pandemic Is Affecting the Finances of Older Households ."We're not doing anything without a payroll tax cut," Trump said in a "virtual town hall" event hosted by Fox News at the Lincoln Memorial in Washington earlier this week. .As we have previously written, there is a bill that has passed out of the Senate Finance Committee called the Grassley-Wyden bill but Senator McConnell also refuses to bring that bill to the floor for consideration. The Grassley-Wyden bill is co-sponsored by Senate Finance Committee Chairman Chuck Grassley (R-IA) and the top Democrat on the Finance Committee, Ron Wyden (D-OR). .Emergency 3% COLA, Social Security And Medicare Issues Land on the Congressional Priority List .Why should seniors be saddled with the ripple effect of things they don't even buy? That just doesn't make sense.
