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TSCL continues to work for the passage of Notch Reform legislation. Recently Representative Jo Ann Emerson, a stalwart Notch Reform advocate, re-introduced the Notch Baby Act of 201The legislation would provide additional benefit increases for Notch Baby beneficiaries who first became eligible for benefits, at age 62, from 1979 through 1988..August Recess Continues for House Lawmakers.Budget Compromise Released and Passed."Home Heating Oil Cost Forecast To Rise 19 Percent This Winter," Reuters, October 11, 201"Prepare To Pay An Extra 5 For Food In 2013," Nicole Seghetti, The Motley Fool, August 6, 201"Healthcare Cost To Rise 7.5 Percent In 2012 Report," David Morgan, Reuters, May 31, 2012..So how can we best use this momentum from our vaccine experience to build relationships with drug manufacturers and lower costs for consumers? TSCL is closely watching for drug price negotiation provisions to be included in legislation this year. What portion of your Social Security benefit do you spend on healthcare costs? Please take TSCL's 2021 Retirement Survey..Information and assistance.plan covers it, every year. Case in point: Using the Medicare Drug Plan finder.Starting a new medication can sometimes take you by surprise when drug plans don't cover the drug or charge higher co-pays than you can afford. If you're having trouble covering the cost of your medicine, here are some things to try:.Just days remain before voters across the country will elect 435 lawmakers to the U.S. House, 34 to the U.S. Senate, and one new president to the White House. By now, most registered voters have a good idea who they will vote for on November 8th. But how much do you really know about the party positions? Before heading to the polls on election day, TSCL recommends taking one last look at the platforms that were adopted by the Democrats and the Republicans earlier this year. Here are the Social Security reform positions laid out by the two major political parties at their conventions back in July.

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The Biden administration is treating the first weeks of the program as a dry run to test if the federal pharmacy program will work before scaling it up, according to one source familiar with planning discussions..The age at which individuals become eligible for full, un-reduced Social Security benefits is rising. Your full retirement age is based on the year when you were born and, for people born in 1960 and later, the full retirement age is 6The earliest age at which you can claim a retirement benefit is 6However, claiming benefits prior to your full retirement age comes with expensive trade-offs. It's unlikely to be your best choice if your aim is to maximize your retirement income over the long haul.."The measure would generally limit surprise billing in the following circumstances: … Continued

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Government economists not only changed the math, they changed the underlying concept of the consumer price index itself. While the CPI formerly measured price changes of a fixed market basket of items from one period to the next, today the Bureau of Labor Statistics uses formulas more consistent with a theoretical cost-of-living concept. And because it is theoretical, it uses estimates and produces data that is subject to two revisions..Earlier this month, House lawmakers voted on a balanced budget amendment to the constitution that would have been disastrous for Social Security and Medicare beneficiaries if adopted. Did you support this drastic measure, and if so, why?.Medicare Part D prescription drug coverage hit a new milestone this year. The highly - loathed "doughnut hole" or "coverage gap" closed this year. But that doesn't mean prescriptions will be free. The co-insurance in the former Part D doughnut hole dropped to 25% of all drug costs. That's the good news. But the out of pocket spending that's required to qualify for catastrophic drug coverage took a big jump, from ,100 in 2019, to ,350 an increase of ,250. That's the biggest jump in the out-of-pocket threshold since the start of Part D in 2006. … Continued