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Automatic renewals are supposed to make this fall's Open Enrollment under the new health law run more smoothly for consumers like you. But analysts are warning to only do so as a last resort - especially if you qualified for a lower premium. The lower premiums are made possible through premium subsidies, which are actually an advance tax credit based on your income. According to analysts, health insurance exchange customers who like the convenience of automatically renewing are likely to receive outdated and inaccurate premium subsidy amounts that could result in big tax bills later..Finally, because it started in China and it is a new strain of flu, health care officials in the U.S. are still learning about it and uncertainty exists..Experts said the long-term effects of the virus on doctors and Medicare remain unknown. But the shortage of cash that many doctors are experiencing because of the coronavirus epidemic has revealed the shortcomings of how primary care doctors are paid..News on the Coronavirus Vaccine Front.Trustees Release Annual Review of Trust Funds.Several times in the hearing, repeal of the Windfall Elimination was mentioned as a priority issue. The Windfall Elimination Provision is simply a recalculation of Social Security benefit for individuals who also have a pension from "non-covered" work. The normal Social Security calculation formula is substituted with a new calculation that usually results in a lower benefit amount. H.R. 141 and S. 521 would repeal this provision..Congressman Garamendi Introduces CPI-E Act.If you own stocks in a retirement account, make sure the company holding your.If that's so why hasn't anybody done it yet? The options Congress has to address the debt are dwindling and the choices that are left are wrenching.

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Tim Kaine is a United States Senator from Virginia. In the Senate he is a member of the Health, Education, Labor, and Pensions Committee. He is one of 30 people in American history to have served as a Mayor, Governor, and United States Senator..I recently read that if retirees got higher cost-of-living-adjustments some low-income people would lose eligibility for Medicaid, food stamps, and other benefits. Would using a senior consumer price index to determine the annual raise really do this?.This week, Members of Congress continued working on a .1 trillion spending bill to fund the federal government past December 11th. Lawmakers in the Senate passed a five-day continuing resolution on Thursday afternoon to buy more time for the negotiations. At the time of writing this week's update, those in the House had not yet passed the stopgap funding bill, but they are expected to overwhelmingly vote in its favor before midnight on December 11th, and President Obama has already said he will sign the short-term fix into law. … Continued

Prevent Breaking Away From Unhealthy American Ways

With inflation soaring in 2021, The Senior Citizens League has received dozens of emails from retired and disabled adults who say they have cut back on prescription drugs to cope with rising costs, because they have no savings. Said one disabled retiree, "My husband and I have Social Security as our only income. All of our savings went to pay my medical bills. I have seven prescriptions and my husband has three. They are each a minimum of co-pay per month. We have no extra money. Our grocery budget is the only place we can cut from if we want to pay medical bills."."Phone Scammers and 'Tele-doctors' Charged With Preying On Seniors in Fraud Case," Victoria Knight, NPR Health News, October 7, 201"U.S. Thwarts Medicare Genetic Testing Scam," Associated Press, September 29, 2019..Letter to Marilyn Tavenner, Acting Administrator, CMS, from Medicare Payment Advisory Commission, July 11, 201Testimony of Robert A. Berenson, M.D., Institute Fellow, the Urban Institute, U.S. Special Committee on Aging, July 18, 2012. … Continued