Senator Amy Klobuchar introduced S. 62 on January 9, 201It has since been referred to the Committee on Finance..Alexandria, VA Seniors got a modest 3.6% boost in their Social Security benefit this year. But whether it's making a difference in the bank balances of the more than 39.5 million seniors aged 65 and older who get Medicare is another story. The Senior Citizens League, one of the nation's largest nonpartisan seniors groups, is hoping to learn the answer to this question. TSCL recently launched its annual "Senior Survey" to find out how rising Medicare and other costs are impacting seniors' incomes and.On Monday, a group of three Senators Amy Klobuchar, John McCain, and Chuck Grassley sent a letter to the White House urging the administration to utilize its executive power to reduce prescription drug costs..If you were born during the Notch period and receive Social Security benefits based on your work record, or that of a Notch Baby spouse, you have been affected by this inequity from your first Social Security check. According to TSCL studies, this disparity costs you on average about ,000 to as much as ,000 per year in lower benefits..My extra checks are in the computer desk, so I go inside the house to my desk where I find the can of soda I'd been drinking..Trustees tend to report the financial condition of the combined Social Security Trust Funds, including the one that pays retirement benefits, as solvent until 203But there are actually two separate Trust Funds with separate accounting. One Trust Fund cannot borrow or receive reallocated payroll taxes from the other without legislative action from Congress - a short - term fix that Congress has relied on 11 times in the past..News on the Coronavirus Vaccine Front.If you find yourself in the situation where it's getting difficult to afford your prescriptions, Medicare has a program known as "Extra Help," that pays for some or even most of your out-of-pocket drug costs. You qualify if your monthly income is less than ,538 for individuals or ,078 for couples, and your assets are lower than the specified amount :.Key Social Security Bills Gain Support in House

Community Involvement Community Benefit And Engagement Department Regions And Leads

Then, in September, our entire country was appalled when a 32-year-old former hedge fund manager, Martin Shkreli, jacked up the price of Daraprim - a drug used to treat a life-threatening parasitic infection in people with suppressed immune systems like cancer patients and people with HIV/AIDS - from .50 per tablet to 0, overnight..TSCL is pushing for "The Notch Fairness Act" legislation that would give Notch Babies born from 1917 through 1926 their choice of a lump-sum of ,000 payable in four annual installments or an improved monthly benefit. This legislation is now estimated to cost billion. Sponsorship of this legislation is building steadily, but we need your help. Please contact your Representative and ask for his or her support of "The Notch Fairness Act,"..Chamber of Commerce or area community college to learn about programs that can … Continued

Dual Eligible Beneficiaries

Advocates who help retirees enroll in these programs say that, even if your income is slightly above the eligibility limits, you might still qualify because certain types of income and assets may not be counted..In addition, according to the CBO's analysis, around 15 million fewer individuals would receive coverage through the Medicaid program, which currently covers the cost of long-term care for one in five Medicare beneficiaries. The BCRA would do away with the current Medicaid reimbursement system where the federal government matches state Medicaid expenditures and replace it with a new formula that would be tied to inflation. If costs grow more quickly than reimbursements as they are expected to, states would likely need to cut benefits, increase taxes, or restrict Medicaid eligibility..[1] Income of the Aged Chartbook, 2012, April 2014. … Continued

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