Breast Cancer Awareness Month Focuses On ScreeningSeniors born from 1917 through 1926 often receive lower benefits than do other retirees with almost identical work and earnings records. Although reductions of about 10 percent for average earners was expected at the time of the changes, Notch babies were often affected by disparities of 20 percent or more, because a phase-in benefit formula failed..Check with your Medicare health plan, supplement, or other insurance - like coverage through an employer. Often your insurer can tell you why a bill has been denied, and, more importantly, what you need to do to get the bill paid..Unlike the rest of our tax system, which is progressive, meaning the lower the income, the lower the tax rate that people must pay - Social Security payroll taxes are regressive. The first dollar of earnings is taxed for Social Security, and all workers pay 6.2% tax on earnings - an amount that is matched by employers - but only on the first 8,500 in earnings. But because of the taxable maximum cap, the highest paid workers, like CEOs of major corporations who receive millions in wages and even Member of Congress, are pocketing a huge tax break, 6.2% of every dollar earned over 8,500. … Continued
State Indicator Medicaid Behavioral Health Services Residential RehabilitationAlthough the annual adjustment is provided to protect the buying power of Social Security payments, beneficiaries report a growing disparity between the amount of benefit boosts they receive and increasing costs. According to a recent national survey by TSCL, the majority of Social Security recipients said that their benefits rose by less than in 2014, yet their monthly expenses rose by more than A 1.7% increase would only boost average Social Security benefits by about in January..To learn more about how Medicare covers hospital services, see your copy of the "Medicare & You" 2011 handbook that you received last fall, call or visit..There's an old saying: "Laws are like sausages; it is better not to see them being made." … Continued
