The Social Security Trustees recently projected that the Disability Insurance Trust Fund will be fully depleted by 201If the next Congress takes no action to address the matter, payroll taxes will only be sufficient to cover about 80 percent of benefits after Trust Fund depletion. While Congress has never permitted a trust fund to run out before, time is short to make what's likely to be difficult long-term changes. "The longer lawmakers wait at this point, the greater the chances of a funding crisis and benefit cuts," Cates says.."Like health care legislation to repeal and replace Obamacare, Social Security and Medicare reform proposals could become the center of a nasty political tug-of-war," Johnson says. TSCL works to protect retirement security and to promote better adequacy of both Social Security and Medicare benefits. To learn more, visit..As far as we can tell, the answer to the question of why this coronavirus is getting so much more attention and such extraordinary measures are being taken as compared to previous flu outbreaks is the fact that this flu apparently spreads so quickly. Because of that, it can overwhelm the ability of local health systems to handle all of those who come down with the flu..TSCL enthusiastically supports the Social Security Guarantee Act since it would go a long way in ensuring the retirement security older Americans have earned and deserve. At a time when many in Congress are considering proposals that would cut Social Security benefits, we believe its passage is more important than ever..Learn more about your best retirement age using Social Security website's benefit planning tools or call the Social Security Administration toll free at. Many areas of the country hold programs and workshops on retirement and benefits. Find out what is planned in your area by contacting your local senior center, library, community colleges and universities..Keeping the U.S. drug supply chain secure, robust, and resilient is essential for the health and national security, and economic prosperity of the United States during emergencies like the COVID-19 pandemic and for the provision of day-to-day health care..In fact, according to research by The Senior Citizens League, homeowner's insurance has grown 199 percent since 2000, making it one of the fastest growing costs that retirees face, second only to prescription drug costs. Joe reports that his homeowners and car insurance have increased every renewal period over the past two years. His homeowner's premiums rose from ,284 a year to ,566, an increase of 22 percent. Joe's auto insurance premiums increased 0 over the last four renewal periods, which are every six months, despite no tickets or accidents. Government subsidized FEMA flood insurance this year increased 7.4%..The best way to protect against flu and its potentially serious complications is with a flu vaccine. CDC recommends that almost everyone 6 months of age and older get a seasonal flu vaccine each year by the end of October. However, as long as flu viruses are circulating, vaccination should continue throughout flu season, even into January or later..Medicare does not cover routine dental care that you normally receive for the health of your teeth. According to Medicare Interactive, a resource for answers to your Medicare questions maintained by the Medicare Rights Center, Medicare will not cover routine checkups, cleanings or fillings. In particular Medicare will not pay for dentures. Even if you have to have teeth extracted as preparation for a medical procedure, you are responsible for the cost of your dentures.

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Get started now on a financial habit that can give you big savings for the time you invest in shopping around..Comparison shop &nash; You can often save by getting prescription medicines, flea and tick products, and heartworm preventatives through pet catalogs and internet discounters..The Senior Citizens League is pleased that Congress has successfully negotiated a repeal of the SGR, since the flawed formula has not worked as intended for twelve years. It has called for physician pay cuts some as steep as 30 percent more than seventeen times, threatening access to quality medical care for beneficiaries. We are hopeful that the new payment system will bring increased stability to the Medicare program. … Continued

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To avoid the fee in 2014, you need insurance that qualifies as minimal essential coverage. If affordable insurance is not available through your employer, you can shop for health insurance through your new state health insurance exchange, or market place. Middle to low income people who buy coverage through the exchanges will also get government subsidies in the form of advance refundable tax credits to help pay the premiums. These tax credits are only available if you buy coverage through the exchange. You aren't supposed to get the subsidy if you have an offer of insurance from your employer that meets the standards. You qualify for the subsidy if your income is less than 400% of the federal poverty level. So the qualification level is about ,000 or less for an individual and ,000 or less for a family of four in 2013..His renewed call for the cut comes only a few weeks after the annual reports regarding the financial stability of the Social Security and Medicare programs were issued by their respective boards of trustees. As we reported at the time, both programs are facing insolvency, albeit at different times..Because of age-related changes in their immune systems, people 65 years and older may not respond as well to vaccination as younger people. Although immune responses may be lower in older people, studies have consistently found that flu vaccine has been effective in reducing the risk of medical visits and hospitalizations associated with flu. … Continued

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