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Spanberger Bill Aims to Shed Light on Prescription Drug Pricing.NOT TRUE. Pfizer has raised the price far too high for seniors on Medicare and living on a fixed income. Prior to the increase, I was paying 4.00 for a 3-month supply, or 6.00 a year. A few days ago I discovered the new price for this year was 8.80 for a 3- month supply or ,915.20 annually..Medicare pays nothing at all for long-term care, and provides only.People age 65 and older who have not started Social Security benefits, and who pay by check. Most of this group includes people who are still working or those who may recently have lost jobs but not yet started Social Security benefits..On Wednesday, the House Ways and Means Health Subcommittee met with officials from the Centers for Medicare and Medicaid Services and the Government Accountability Office to discuss the removal of Social Security numbers from Medicare cards. According to Subcommittee Chairman Wally Herger, more than one million seniors have been victims of identity theft in the past year, largely because the Medicare cards they are encouraged to carry everyday contain sensitive information..Social Security and Medicare are promises to our seniors we cannot break. Seniors need to know they can trust their guaranteed benefits earned through hard work will not change..TSCL will continue to keep a close eye on the evolving immigration negotiations, and we remain hopeful that in the very near future, lawmakers will consider loophole-closing legislation that would prevent Social Security credits from being earned by work done illegally. For updates on the discussions, visit the Legislative News section of our website..The federal government negotiates prescription drug prices for Medicaid and for veterans, but it is not allowed to negotiate lower prices for Medicare beneficiaries. Do you support this policy?.Federal law prohibits the two Social Security trust funds from borrowing or transferring payroll taxes from one program to the other without Congressional action. While such action has been taken 11 times in the past to temporarily avert a Social Security funding shortfall, a TSCL poll conducted in July of last year found that less than 1 percent of participants say that shifting revenues from one trust fund to another would be the best way to fix the program.