The Social Security Trustees now say that benefit costs are exceeding the cash revenues coming in. Do you think changes are needed, and if so, what?.In a way that's not news. You already knew prices had been going up and so did we at TSCL. But it's nice to have the facts to back us up..The study examined the increase in costs of 32 key items between 2000 and January 201The items were chosen because they are typical of the costs seniors must bear. Of the 32 costs analyzed, 20 exceeded the COLA. The selected items represent eight categories, weighted by approximate expenditure..Which Repairs Are Worth Doing Before Selling A Home?.On Tuesday, the Senate Special Aging Committee held a hearing titled "Changing the Trajectory of Alzheimer's: Reducing Risk, Detecting Early Symptoms, and Improving Data." Those on the Aging Committee heard from experts as well as individuals who have personal experience with the disease, including award-winning actor Marcia Gay Harden.."Night in America" spotlights the plight millions of seniors are enduring as living costs rise, Social Security payments shrink, and medical costs skyrocket. Night in America is a play on Ronald Reagan's 1984 campaign theme, "Morning in America.".Sole source drugs. The companies with monopoly pricing power acquire sole - source drugs for which there is only one manufacturer, and therefore face no immediate competition..Before Medicare, only half of our nation's seniors had health insurance and for far too many, a mild illness or injury could lead to bankruptcy or even death. Today, more than 47 million Americans receive Medicare benefits and have the peace and security of knowing that quality healthcare will be there for them when they need it.."House Democrats in the previous Congress, when they enjoyed a larger majority, passed H.R. 3 almost entirely along party lines. The legislation went nowhere in the Senate, which was then controlled by Republicans, and former President Donald Trump opposed the bill. But many Democrats campaigned on the bill last cycle, showcasing it as an example of what the party could achieve if it won full control of Washington."

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President Obama's executive actions on immigration would have provided temporary work authorization to more than 4 million undocumented immigrants and with that comes controversial access to Social Security and Medicare, the Congressional Budget Office has said. That access is particularly controversial among older voters, according to surveys by TSCL..Rather than making deliberate well-reasoned choices, our brains often latch onto the first piece of information offered when making a decision, even though we may not be aware we are doing so - a process cognitive scientists have named "anchoring." You already know how it works. We've all seen a sign like this: "SAVE! 4 cans of soup for $Limit 12 cans per customer!" How many cans would you buy?.The concern is well justified. The Office of the Inspector General for the Department of Health and Human Services has reported that Medicare Advantage plans deny care inappropriately at high rates. When the Office of the Inspector General collected data, it found that when beneficiaries and providers appealed pre-authorization and payment denials, Medicare Advantage Organizations over-turned 75% of their own denials over the 2014-2016 period. The OIG noted "This is especially concerning because beneficiaries and providers rarely use the appeals process, which is designed to ensure access to care and payment." Only 1 percent of beneficiaries and providers appealed denials. … Continued

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Hospitals have prioritized rescheduling patients who do not have COVID-19 but have conditions that may deteriorate if they do not get regular care. Patients receiving cancer treatment need to go to regularly scheduled appointments. Doctors are particularly concerned that patients who have heart or lung disease, hypertension, diabetes, and other chronic conditions get back on a routine care schedule..According to Rep. Valadao, approximately 13 million Americans experienced some form of identity theft in 2014, resulting in a loss of billion. Upon introducing it, he said: "The fact that this crime affects children, seniors, and veterans makes it even more imperative that the federal government does everything in its power to prevent identity theft.".The COLA is calculated using data from the Consumer Price Index for Urban Wage Earners and Clerical Workers. Of the CPI groups that the Bureau of Labor Statistics measures, the CPI-W covers only 28% of the total U.S. population, and specifically excludes households "with no one in the labor force, such as retirees." … Continued

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