What are budget cutters looking at? Here are a few key proposals under discussion. After reviewing these, tell us what you think by taking our survey..The reception by the Members of Congress was phenomenal. Meetings were held with Rep. David Davis, Rep. Ed Perlmutter, Rep. Doug Lamborn, Rep. John Sarbanes, Rep. Dan Boren, and Rep. Bruce Braley..Physicians have another medication at their disposal for treating diabetes after the Food and Drug Administration has now approved a new long-acting insulin product derived from the established drug Lantus..Should Medicare change from a program that guarantees coverage for a fixed set of benefits, to one that guarantees a fixed federal payment to cover a portion of beneficiaries' healthcare expenses?.This unusual shift comes at a time when the number of Social Security beneficiaries starting retirement benefits has risen dramatically over the past decade. Since 2010, there has been a sizable 34% increase in the 65 and older population, those born between 1946 and 196The U.S. Census Bureau said in 2019 that "No other age group saw such a fast increase.".This week, one new cosponsor Rep. David Loebsack signed on to the Consumer Price Index for Elderly Consumers Act, bringing the cosponsor total up to twenty-two. If signed into law, H.R. 1030 would adopt the CPI-E for the purpose of calculating Social Security cost-of-living adjustments. Currently, COLAs are based upon the way young, urban workers spend their money a method that underestimates the spending inflation seniors experience. H.R. 1030 would address this issue, resulting in more fair and accurate COLAs for seniors..TSCL enthusiastically supports the PRIME Act and the Social Security Fairness Act, and we were pleased to see support grow for both of them this week..Due to your income, you are subject to paying high income premium surcharges for both Part B and Part D drug coverage. The income brackets that determine the amount of your premiums have been adjusted for inflation this year after no adjustments in 2011 through 2019..The Velcro effect of anchoring can influence far more consequential decisions, in ways we may not even realize. Consider the process of determining the "right" retirement age:

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Because the Democratic majority in the House is so slim, lawmakers are approaching legislation with an eye on the elections next year. Democrats, especially those facing tough reelection fights in swing districts, will face enormous pressure from the powerful drug lobby to oppose the bill..New Top Official for CMS.Legislation to help "Notch Victims" is Introduced … Continued

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Regardless of when you decide to start benefits, you should enroll in Medicare when you turn age 6Failure to enroll by your Medicare deadline may result in permanent enrollment penalties that you would add to the cost of your Medicare Part B premiums for the rest of the time you have Medicare..Daily exercise: According to a growing volume of scientific research, one of the biggest factors in protecting your brain from the effects of aging is the amount of exercise you get every day. Exercise helps reduce insulin resistance, reduce inflammation and stimulates chemicals in the brain that affect not only the health of brain cells but the abundance and survival of new brain cells. It also helps you sleep which can reduce memory problems. You don't have to sign up for gym membership. The standard recommendation often is about one half-hour of exercise daily that gets your heart pumping, or about 150 minutes a week. In addition to walking, riding a stationary bicycle or the treadmill, "exercise" can include things like dancing, gardening, raking leaves, mopping floors vigorously and climbing stairs..If the Social Security Guarantee Act is signed into law, all eligible recipients will receive benefit guarantee certificates from the Secretary of the Treasury that would require the payment of full benefits. Additionally, the bill will adopt a measure of inflation that would make annual COLAs more fair and accurate, allowing older Americans to better keep up with rising costs. … Continued

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