To say the least, it is controversial and there is reason to doubt it works. We know for sure that it is incredibly expensive. Having said that, here is some of the information we have seen..Medicare Part B premiums are forecast to soar an astonishing 22.3% for an estimated 16 million Medicare beneficiaries in 2017 - the biggest such jump in nearly three decades. The anticipated spike in monthly premiums, from 1.80 to an estimated 9.00 per month in 2017, is primarily due to the effects of an extremely low inflation that's expected to hit retirees again next year. Medicare Trustees believe that the annual Social Security cost-of-living adjustment for 2017 will be insufficient to cover the amount of the Medicare Part B premium increase for the majority of Medicare beneficiaries. That would trigger a special "hold harmless" provision of law..Boosting benefits across-the-board by approximately 2% for all Social Security recipients;.It also depends on the willingness of the American people to get the vaccine shot. Right now, there seems to be a reluctance among people because of, among other things, the uncertainty about the safety of a vaccine that has been rushed to market. It is a special concern for seniors because they do not often respond as well to medicines, including vaccines, as younger people do.."The drug is essential," Heyman testified. "People can die without it… The drug company deserves the right to make a profit. But it is unconscionable that one company, Valeant, can hold Wilson Disease patients hostage," she said in her testimony..By Representative Charlie Crist."The Cuts To A Major Disability Program In Trump's Budget," Jacqueline Alemany, CBS News, June 1, 2017..Social Security For Dummies, Jonathan Peterson, October 2017..To learn how much the COLA cuts would cost you, try TSCL's "chained" COLA calculator.

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The standard monthly Medicare Part B premium, which covers doctors and outpatient services, will increase by .10 from 5.50 in 2019, to 4.60 in 2020. At the same time, the COLA will increase an average Social Security benefit of ,460 by only .40. After deduction for the Part B premium, that would leave just .30 per month for someone with average benefits to cover all other rising costs, including other rising Medicare premiums for prescription drugs or supplemental coverage..Last week TSCL was part of a virtual meeting with Senator John Thune who, as the Majority Whip, is the second-ranking Republican in the Senate, after Majority Leader Mitch McConnell..Johnson compared the lowest and highest cost between drug plans for a list of 12 frequently - prescribed drugs. The list includes commonly prescribed brand name and specialty drugs, as well as two widely - used generics. The analysis found: … Continued

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Studies show the vaccines made by Pfizer and Moderna, the only two approved by the U.S. so far, are fully effective at one to two weeks after the second dose, depending on the vaccine; while they prevent disease, it is not clear whether they prevent asymptomatic infection.If signed into law, the Consumer Price Index for Elderly Consumers Act would amend the Social Security Act with regard to the annual cost-of-living-adjustment Social Security beneficiaries receive. Currently, the COLA is based upon the spending patterns of young, urban workers as calculated by the Bureau of Labor Statistics the CPI for Urban Wage Earners. This legislation would calculate the COLA based on the spending patterns of seniors, or by using the BLS tracked CPI-E..At the end of the day: … Continued

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