Fighting for legislation to lower the costs of prescription drugs is one of TSCL's very top priorities this year and we will keep you informed as things progress..For details, or to see if your Members of Congress will be holding town hall meetings during the summer recess, call their local offices. You can find contact information HERE..Get a second opinion for major treatments You will pay another consultation fee, but the vet may have less expensive ways to treat your pet..Learn the full cost and coverage for every drug you take: If you take more than 6 worth of prescription drugs a month, you're at risk of hitting the doughnut hole at some point during the year. The 6 is based on the full retail cost, that is what you and your drug plan pay, not your co-pays. Part D plan enrollees have an initial coverage limit of ,840 in total drug costs in 201You can learn the full cost of your drugs and whether your plan covers all your prescriptions using the drug using the Medicare Drug Plan Finder at..The opinions expressed in "Congressional Corner" reflect the views of the writer and are not necessarily those of The Senior Citizens League..Essma Extra!."Independent analysts think the drug is worth more like ,000, but Medicare has no authority to charge a lower price. Instead, the federal program is likely in effect obligated to cover the new drug now that it has FDA approval. The tools it has to make a determination about whether or not to cover aducanumab and for whom are fraught with legal and ethical risk.".There were reports recently that Republicans in the House of Representatives are insisting that stemming the growth of Social Security, Medicare and Medicaid costs is necessary. Bloomberg news reported on a House Budget Committee hearing about a new Congressional Budget Office report that projects trillion-dollar deficits for the next decade..That's changing this year due to new Medicare rules that require suppliers to engage in competitive bidding to supply seniors with this equipment. A two-year pilot of competitive bidding in nine cities succeeded in lowering Medicare's durable medical equipment costs by a third. Lower costs for Medicare should also mean lower co-pays for seniors.

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So far critics of the program have not convinced CMS to pare down the size of the demonstrations and states winning approval will get the green light to start shifting patients into managed care plans starting next year..A new study has found that it is more than prices that are high when it comes to so many prescription drugs. According to Modern Healthcare newsletter, "A .40 increase in out-of-pocket costs per prescription was associated with a 22.6% drop in consumption and a 32.7% increase in monthly mortality rates, an analysis of more than 358,000 relatively healthy 65-year-old Medicare beneficiaries found.".Third, the Standardizing Electronic Prior Authorization for Safe Prescribing Act of 2018 gained three new cosponsors in Representative Todd Rokita, Representative Jackie Walorski, and Representative Roger Marshall, bringing the new cosponsor total to six. If signed into law, H.R. 4841 would allow for and standardize electronic prior authorization for Medicare Part D beneficiaries. … Continued

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AHCA Advances Through House.Lower than expected payroll tax revenues. Payroll taxes account for roughly 89% of Social Security's financing. But in 2020, businesses nationwide temporarily shuttered due to emergency stay at home orders. In addition, widespread layoffs, reductions in work hours, and job losses resulted in the collection of fewer payroll tax revenues. Emergency legislation that was passed last year allowed employers to even temporarily defer payment of Social Security payroll taxes until December of 2022 to help companies shore up cash flow and stay in business. While the job market is getting back on its feet again in 2021, unemployment is still higher than it was prior to the pandemic, and payroll tax revenue has not yet returned to pre-pandemic levels..Social Security Benefits Slowed Amid COVID-19 Deaths … Continued

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