As part of efforts to strengthen the Social Security system, Congress included the Windfall Elimination Provision and the Government Pension Offset in the Social Security Act of 198While intentions were noble, these changes did little to protect the Social Security system. Instead, they unjustly penalized millions of public sector employees..TSCL enthusiastically supports these measures since they would go a long way in increasing access to more affordable prescription drugs for Medicare Part D beneficiaries. However, President Obama's budget request does include one reform to the Medicare program that TSCL opposes. It would increase means testing by requiring middle-class Medicare beneficiaries to pay higher Part B and Part D premiums. TSCL believes means testing within the program has gone far enough with recent increases under the Affordable Care Act, and we know that middle-class seniors simply cannot afford to pay higher out-of-pocket Medicare costs..Congress passed legislation to end the practice at the end of the year, but as with so much other legislation Congress passes, it gave an outline of new policy but it left a great deal up to the President to work out the specifics..At least one participant, CVS Health, plans to begin offering vaccinations to "eligible populations" using doses from the federal program on the first day, Feb. 1The pharmacy chain expects to receive about 250,000 doses that will be rolled out at approximately 330 stores across 11 states including California, Texas, Virginia, and New York..Alexandria, VMore than 90 percent of older Americans are likely to be making a secret Christmas wish for the New Year, says The Senior Citizens League. "That's to make ends meet," says TSCL Chairman, Ed Cates. A national survey conducted by TSCL earlier this year found that 98 percent of Social Security recipients participating reported the annual cost-of-living adjustment had increased their Social Security benefits by less than a month in 2014, but 92 percent said their monthly expenses had increased by more than "That disparity between COLAs and rising costs is the 'Grinch that's stealing Christmas' for millions of older Americans this year," Cates says..The largest percentage of those surveyed in TSCL's 2017 Senior Survey - 37 percent - reported that their household expenses rose by more than 9 per month in 2016, yet the annual cost of living adjustment increased benefits by only 0.3 percent, about .00- .00 per month for someone with average benefits. Few beneficiaries actually saw an increase in benefits at all, however, because rising Medicare Part B premiums took the entire COLA. "This flat growth in Social Security forces tens of millions of retirees and their families to spend more out of savings every year, go into debt, or look to Medicaid and other safety net programs to make ends meet," Johnson says..A new report from the non-partisan Congressional Budget Office says that new payroll taxes would boost Social Security and Medicare's financial condition in the short term. But in the long term, federal spending would increase significantly as those affected by immigration policy changes become eligible for Social Security and Medicare..punitive tax penalty..Social Security Made Simple: Social Security Retirement Benefits and Related Planning Topics Explained in 100 Pages or Less, Mike Piper, February 2017.

Health Care Reform

When the Centers for Medicare and Medicaid Services establish the Part B premium for 2022, they could potentially factor in the expected costs for Aduhelm. Part B premiums were already on track to be higher. The Medicare Trustees recently estimated that Part B premiums would increase to 8.50 in 2022..Let's be clear about this. No one is saying that the effort to cut Medicare and/or Social Security will come this year or next..Practice using the tool: Have your Medicare number, information about your current coverage, and a complete list of prescription drugs, including dosages and the number you need per month at hand. The Plan Finder will ask you to provide information including your zip code, current Medicare coverage, the drugs you take, the pharmacies you plan to use, and whether you want to see just Part D stand alone plans or Medicare Advantage plans or both. For meaningful results accurately enter all your prescriptions. When complete get your Drug List ID number, print it out and save it. You don't want to enter it again every time you revisit the Plan Finder and invariably you will. … Continued

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To find a senior center in your area check your local phone book or call the Eldercare Locator at..The bill would also repeal the medical expense deduction, which is essential for older Americans who disproportionately experience high medical costs for prescription drugs, medical equipment, or services like nursing home care. Around 5 million taxpayers over the age of sixty-five rely upon the tax deduction when their out-of-pocket medical costs total more than 10 percent of their annual income. Its elimination would be a major loss for older Americans who are living on fixed incomes and are facing catastrophic medical costs..As our nation begins to deal with the problems of the long-term financing of Social Security, we face some very difficult decisions. To what extent should individuals be required to save for their own retirement and to what extent should the government provide for those who cannot or have not been able to save? Proposals for reform have yet to provide answers. … Continued

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