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"You have a whole spectrum of people out there who won't be reassured by any amount of information," he said. "If we don't pay strict attention to safety, this is going to backfire.".New Bill Would Expand Medicare Coverage.Inflation, as measured by the U.S. Bureau of Labor Statistics' consumer price index, has taken a deep tumble over the past year, meaning older Americans will have to settle for a cost-of-living adjustment of 1.6% in 2020 after getting a 2.8% increase this year..The BPC notes that this combination of lower revenues and higher program costs will shorten the solvency of the Social Security. Its blog points to past changes in Social Security solvency. In 2008, prior to the full impact of the Great Recession, Social Security Trustees estimated the Trust Fund would be depleted in 204By the time the recession had run its course, in 2012 high unemployment and sluggish economic growth had moved up the insolvency date to 2033..The Internal Revenue Service interpreted the law to allow eligible consumers to receive premium subsidies regardless of whether the exchange was run by their state or by the federal government. Challengers of the law question that interpretation, saying that the law as written clearly directs subsidies to state-run exchanges only. Health law proponents say that lawmakers fully intended that subsidies be offered on all exchanges, regardless of whether they were administered by the states or federal government..In years when there has been no, or almost no cost-of-living adjustment, Medicare Part B premiums have spiked significantly. TSCL is highly concerned that another Medicare Part B premium spike could occur again in 202Medicare beneficiaries who are not protected by the special provision of law known as the Social Security "hold harmless" provision could get hit with significantly steeper premium costs in 2021, and it may take several years before the majority of beneficiaries see their net Social Security benefit grow again..For more information about your retirement age, and to use retirement calculator tools visit..According to Bloomberg News, "The bipartisan agreement is between the top Democrats and Republicans on the House Energy and Commerce, Ways and Means, and Education and Labor committees, as well as the leaders of the Senate Health, Education, Labor and Pensions Committee..I started Social Security benefits in 2007 at age 62, but my retirement accounts have lost so much of their value that I'm going back to work. Will my benefits be reduced?

Heal The Secret Of Change

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..The CBO estimated last November that if lawmakers wished to raise the amount of covered earnings subject to the payroll tax to 90 percent of covered earnings, then the taxable maximum would need to be set at 6,400 in 2017 and to rise to 5,000 by 202"Legislation was introduced in December that would impose deep benefit cuts," Johnson notes, "but had no provisions to provide new revenues. " "Lifting the taxable maximum cap would provide new revenues to Social Security and it could also provide a modest boost to Social Security benefits, and more adequate COLAs to all people when they retire," Johnson points out. "Our lawmakers should not be allowed to hide this option under the rug," she says. "Raising the payroll taxable maximum is the means of providing greater retirement security and long - term program solvency, " Johnson says. "We can save Social Security without the deep cuts.".Medicare fraud, abuse, and wasteful spending are problems that continue to affect all Americans. Attorney General Eric Holder estimates that fraudulent Medicare activities cost taxpayers an estimated billion a year. The staggering figure has contributed to rising costs that are passed on to beneficiaries. Lawmakers and administrators are seeking alternative measures to reign in Medicare's out-of-control costs to seniors. … Continued

Regina Hospitals New Emergency Department Explained

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..Sleep: Deep sleep helps the brain store and retain new facts and information. But the structural changes to our brain as we age interferes with the quality of our sleep. That in turn reduces our ability to store memories for the long term. To improve focus and memory, get better sleep. That's not always easy for people 65 and over, and there may be times when you need to speak to a doctor. The nonprofit Helpguide.org has tips on how to sleep better as we age..The House will also pursue legislation to strengthen the 2010 health care law, Hoyer said. "We've already passed bills on protecting preexisting conditions, but that was a very high priority for us, and we may do something else," he said. … Continued