The Lower Drug Costs Now Act contains additional provisions to combat relentless prices increases. For example, the bill would expand Medicare Part D benefits to include dental, vision, and hearing coverage. And it would establish a new ,000 out-of-pocket limit on prescription drug costs. I'm proud to be a cosponsor of this bill, because American seniors shouldn't be subjected to unfair price hikes on lifesaving medications - especially when other industrialized countries are paying lower prices for identical drugs.."The FDA's action came despite a 10-0 vote in November against approval by its panel of expert advisers, who were dubious that data from two clinical trials showed the drug was effective in early Alzheimer's patients with mild cognitive impairment; three members resigned in protest from the panel last week. The surprising decision leaves doctors turning back to data from those trials, which had conflicting results: One barely met its primary endpoint, and the other did not. As if that is not confusing enough, the mental decline that is considered an early sign of Alzheimer's disease is also present in other age-related disorders, which makes it hard to discern which patients have the disease.".Finally, the Protecting and Preserving Social Security Act gained one new cosponsor in Senator Claire McCaskill, who brings the new cosponsor total to three. If signed into law, S. 1600 would base the Social Security COLA on the Consumer Price Index for the Elderly. The bill would also ensure that high income earners pay their fair share of taxes into Social Security..case feels just as crummy..Although the new tax law almost doubles the standard deduction, and increases the deduction for taxpayers over the age of 65, The Senior Citizens League still encourages older taxpayers to compile and check medical and other deductible expenses before automatically taking the new standard deduction. The Senior Citizens League is working for passage of legislation that would lower or eliminate the taxation Social Security benefits, and strengthen Social Security for all..and inexpensive generics but she suffered from extreme fatigue and depression..The Congressional Budget Office recently released its fall economic and budget update which estimates that due to the COVID-19 pandemic, Medicare outlays will grow 12% over 2020, double the rate what was forecast in April. If that estimate proves to be the case, that suggests the Part B premium increase could be twice as high as the earlier forecast - about .40 per month..Look for a flexible plan. Long term care policies can impose restrictions on how you qualify for benefits. Try to select one that lets your.If you own a pet and have been to the vet lately, the bill may have taken a big bite out of your budget. Like human healthcare, the cost of vet services is growing several times faster than inflation. But unlike human healthcare, the cost of vet services has been growing even faster than the cost of medical services from your doctor 68% faster in 2013 alone. And although you may have Medicare or some other type of health insurance for yourself, chances are you don't have health insurance for your pet meaning you foot 100% of the vet bills.

Thrive Tips For Staying Sober In The New Year

Although the new tax law almost doubles the standard deduction, and increases the deduction for taxpayers over the age of 65, The Senior Citizens League still encourages older taxpayers to compile and check medical and other deductible expenses before automatically taking the new standard deduction. The Senior Citizens League is working for passage of legislation that would lower or eliminate the taxation Social Security benefits, and strengthen Social Security for all..Refinancing a mortgage in retirement is a "special needs" situation. TSCL highly recommends that this should be discussed with an unbiased financial advisor..In April, the Medicare Trustees estimated that the standard monthly Medicare Part B premium, which covers doctors and outpatient services, would rise .70 - from 4.60 in 2020, to 3.30 in 202The April forecast, however, was made prior to the coronavirus, and did not factor in the impact of COVID-19 on expected medical costs or inflation. … Continued

Uninsured Slide Uninsured Rate Among The Nonelderly Population 1972 2018

It's important for people planning retirement to learn the age in which you would "break even" for taking benefits earlier than age 70 - which is helpful in determining your optimal age to retire - and how much more you would get if you worked a few more years..Rep. Charles Gonzalez introduced H.R. 456 on January 26, 201It has since been referred to the House Committee on Ways and Means..In the days ahead, many Senators will be holding town hall meetings in their home states. TSCL encourages its members and supporters to attend these events and to ask important questions about the BCRA, like the following two… … Continued

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