Over the past decade, there has been no COLA at all three times - in 2010, 2011, and 201In 2017 the COLA was just 0.03%. The 2021 COLA of 1.3% is one of the lowest COLAs ever paid. TSCL feels this is a clear sign that the inflation adjustment for Social Security benefits is failing the very people it was designed to protect..The less painful alternatives are: bringing new state and local workers into the Social Security system, gradually raising the payroll tax cap to its originally intended level, and raising the retirement age..Only last year the Comptroller General of the United States, David Walker, warned Congress about this very thing saying, "Doing nothing, means that we are going to head to a precipitous decline in benefits. Remember the Notch Baby problem? This would be a Notch Baby problem magnified multiple times and it should not be allowed to happen.".Medicare Advantage plan cuts. So far, seniors have not been widely affected by cuts to Medicare Advantage plans, but many of the changes in reimbursements to plans have not yet taken effect. TSCL remains concerned that the reimbursement cuts would cause plans to drop extra benefits like eyeglasses and hearing aids that they now provide. Of greater concern is whether plan payments will be adequate for insurers to maintain their contracts with Medicare to provide services. When Congress cut plan payments too deeply in the past, insurers pulled out of markets all over the United States, leaving millions of seniors scrambling to find another health plan - most often at higher out-of-pocket cost..Prohibiting DI and Unemployment Insurance "double-dipping." No laws currently exist to prevent individuals from receiving both disability and unemployment benefits at the same time, even though eligibility rules for the two programs are mutually exclusive. Prohibiting "double-dipping" is a sensible step forward that would save nearly billion over 10 years..That fear comes from the fact that some of those same lawmakers who are demanding action on the bipartisan infrastructure bill ahead of the reconciliation package have also expressed misgivings with taking on drug-pricing changes without Republican support..One of my bills would also increase insurance options for older Americans who are not yet age 6While the Affordable Care Act has greatly expanded insurance coverage, and limited insurers' ability to charge older Americans higher premiums, we can do a lot more to increase options and affordability. My Medicare-X Choice Act would expand on the Medicare framework to create a new public insurance plan for people of all ages..The threat among seniors of going without nourishing meals, especially those who are older and depend on Social Security for the majority of their income, like many Notch Babies, is very real. In addition to the cognitive and health problems that interfere with good nutrition as seniors age, the national median income of people over 65 is only ,75About one-in-seven seniors has little money left over for food after paying basic monthly expenses like housing, utility, and healthcare costs..TSCL enthusiastically supports H.R. 1776, and we were pleased to see support grow for it this week. For more information, visit the Bill Tracking section of our website.

Mercy Hospital Services Heart And Vascular Center Services And Procedures Cardiac Catheterization Lab And Electrophysiology Services

The study examined the increase in costs of 39 key items between 2000 and January 201The items were chosen because they are typical of the costs of most Social Security recipients, and include expenditures like Medicare Part B premium, that are not measured by the index currently used to calculate the COLA. Of the 39 items analyzed, 26 increased faster than the COLA over the same period. "This study illustrates why Congress should enact legislation to provide a more fair and adequate COLA," says The Senior Citizens' Executive Director, Shannon Benton. "To put it in perspective, for every 0 worth of groceries a retiree household could afford in 2000, they can only buy worth today," Benton adds..If enacted, this bill would address one of the key areas currently missing from our prescription drug market - competition. Just as the U.S. Department of Veterans Affairs is already able to negotiate lower drug prices for its patients, Medicare should be given the freedom to do the same..On Wednesday, the Board of Trustees hosted a successful breakfast reception for all Members of the 113th Congress and their staff, along with Shannon Benton, former Congressman David Funderburk and Mrs. Betty Funderburk, and TSCL's staff. More than 125 Members of Congress and/or staff were in attendance, and we were pleased to have the chance to speak with them about the issues that matter most to TSCL's members and supporters. We especially want to thank Rep. Nick Rahall, who has been a regular attendee at TSCL's receptions. … Continued

Blog Virginia Lawmakers First To Pass Redistricting Bill In 2019

This week, lawmakers remained in their home states and districts to continue the fall recess. They are expected to return to Capitol Hill following the November elections to begin the lame duck session. Until then, most lawmakers will be attending local events and holding town hall meetings in their home states and districts..If the Social Security COLA were based on a more accurate measure of inflation for senior citizens, next year's increase would not be 0.3 percent it would be 2.1 percent according to the Bureau of Labor Statistics. Do you support legislation that would base the COLA on a more accurate inflation index like the Consumer Price Index for the Elderly?.What is the "chained" CPI? … Continued

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