While 211 Members have signed onto the House bill, critics of the legislation worry about increasing the payroll tax rate - especially on lower income workers. Lawmakers are continuing to discuss alternatives, and TSCL continues to meet with Members of Congress. TSCL's Senior Survey has found 74% of survey participants support completely lifting the taxable maximum and applying the payroll tax to all earnings. About 61% of survey participants support increasing the payroll tax rate by 1% each for workers and employers..This week, The Senior Citizens League was pleased to see support grow for two key bills..job..But then I think, since I can run down to the post-box when I take out the trash, I may as well pay the bills first..The stakes are high for retirees, who want Congressional action. Eighty eight percent of those of you who took our 2021 Senior Survey want Congress to reduce prescription drug costs by allowing Medicare to negotiate prices. Congressional inaction would cost all of us dearly, if lawmakers fail to take action to boost Social Security benefits and enact reforms that would strengthen Social Security's financing for decades to come..Like all things tax-related, it's important to estimate income accurately. Estimate too low and you may wind up having to repay those premium subsidies in higher taxes. Taking too low a subsidy may mean paying substantially more in premiums, but a bigger tax refund. If you take the tax credit in advance, changes to your income or family size could affect your health insurance subsidies and you will need to report those changes during the year. You can also opt to take a partial subsidy to both lower the premium and avoid repayments if your income fluctuates..And the order that directs clinics that qualify for steep pharmaceutical discounts under a government program for low-income patients to pass savings on insulin and EpiPens directly to those patients only applies to about 1,000 community health centers, not to hospitals that are frequently flagged as diverting the discounts away from patients toward other programs..For progress updates or for more information about these and other bills that would strengthen Social Security and Medicare programs, visit the our website at, follow TSCL on Twitter or Facebook..This week, one new cosponsor Rep. Dennis Ross signed on to Rep. Ron Paul's Social Security Preservation Act. The cosponsor total is now up to eleven.

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In the report released on Wednesday, the trustees estimated that Medicare beneficiaries will see a Part B premium increase of nearly per month next year, from 1.80 to However, due to the hold harmless provision, most beneficiaries will continue paying a monthly premium of 4.90. That's because experts are projecting another record-low Social Security cost-of-living adjustment for 201The trustees estimated that a 0.2 percent COLA will be paid next year, which would amount to a mere per month benefit increase for someone receiving a ,000 monthly check..Choose a benefit period. The average stay for people in assisted living is 28 months, so you may want to consider a longer benefit..This week, appropriators in the House and Senate continued their work on the .1 trillion omnibus to fund the federal government through the remainder of the fiscal year. Lawmakers have just one week to finalize the deal in order to avoid a government shutdown like the one that occurred in 2013. … Continued

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Low premiums: MA premiums are typically about 60% lower than Medigap premiums, and despite cut backs to plan reimbursements, MA premiums have remained relatively low. However, if you live in a rural area your plan choices may be more limited, and no matter where you live, your premiums may climb in the future..Take a Survey._ … Continued

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