The Centers for Medicare and Medicaid Services recently announced plans to test new ways to rein in costs of some of the nation's most expensive drugs, like cancer and rheumatoid arthritis treatments, that are administered in doctors' offices and outpatient centers. The current Medicare Part B payment system, officials argue, provides incentives for prescribing the most expensive medication, rather than on how well it would work for the patient..This week, members of the bicameral budget conference seemed to hit an impasse, and The Senior Citizens League announced its support for the Social Security and Medicare Lock-Box Act. In addition, two key bills gained cosponsors this week..If signed into law, S. 1904 would strengthen Social Security benefits by enacting an across-the-board benefit increase, adopting the Consumer Price Index for Elderly Consumers, increasing the minimum Social Security benefit to 125 percent of the poverty line, and increasing the threshold on the taxation of Social Security benefits. It would also strengthen the solvency of the trust funds by applying the payroll tax to income over 0,000, increasing the payroll tax rate by 0.05 percent annually until it reaches 7.65 percent, and reallocating funds to the Disability Insurance trust fund..As a result, the highest-risk patients were not filling their medication after prices jumped. Those most vulnerable to a heart attack and stroke cut back more on statins and anti-hypertensives than lower-risk patients - irrespective of socioeconomic status..For more information or to view a list of cosponsors, click here..When comparing plans, beneficiaries are generally told to check premium costs, deductibles and other cost-sharing, whether the plan covers the drugs you actually take, provider networks, and added benefits, if any, not covered by Medicare. All of that is essential. But one key consideration that can be overlooked is how the plan uses prior authorization..From January through March, TSCL surveyed seniors and disabled Medicare beneficiaries to learn how our readers feel about many of the proposals under debate. Almost 5,000 of you weighed in. The answers are important as members of Congress consider major changes to Medicare, most of which would make people pay more for their benefits..In the first year of the new healthcare law, a large percentage of enrollees through the federal exchange tended to be older adults, many having pre-existing conditions. In addition, there were individuals who enrolled when they received notice that their former health plan was ending, and still other uninsured consumers did so attempting to comply with the new law to have health coverage or pay a fine..Congressional CornerCongressional Corner: Protecting Against A New Wave of Senior Scams Congressional Corner: Rebuilding the Economy Needs to Include Mobility for Senior Citizens Congressional Corner: Two Social Security Provisions That Need to be Fixed Congressional Corner: We Can Ensure Social Security and Medicare Work. There Are Ways to do Both! Congressional Corner: It's Time for Seniors to get a Fair COLA Congressional Corner: Medicare Should Protect Your Teeth Too! Congressional Corner: Legislation Would Abolish Two Provisions That Reduce Social Security Benefits of Public Employees Congressional Corner: Planning for the Future Congressional Corner: Capping Drug Costs Could Negatively Impact Rural Health Care Systems Congressional Corner: Lowering Prescription Drug Costs Should Never Be a Partisan Issue Congressional Corner: Mediocre For All. Rural Healthcare's Road Trip to Ruin Congressional Corner: To Stay Healthy And Enjoy Retirement Means Protecting Earned Benefits and Cutting Drug Prices Congressional Corner: Two Bills That Would Bring Down High Prescription Drug Costs Congressional Corner: We Cannot Cut Medicare and Medicaid Congressional Corner: As Congress Fights Robocalls, Take Steps to Protect Yourself Congressional Corner: Fighting Back Against Senior Scammers Congressional Corner: It's Time to Tackle the High Cost of Prescription Drugs Congressional Corner: We Need Competition In Prescription Drug Pricing and to Stop Abusive Conduct That Keep Drug Costs High Congressional Corner: It's Time for Seniors to Get a Fair COLA Congressional Corner: Two Social Security Provisions Unfairly Penalize Millions of Teachers, Firefighters and Public Sector Workers
