Retirees frequently say that their annual cost-of-living adjustment does not adequately keep pace with rising costs. To learn if this is the case, this study, now in its eleventh year, looks at 40 expenditures that are typical for people age 65 and up, comparing the growth in the prices of those goods and services, to the growth in COLAs..TSCL receives hundreds of comments like this from Notch.How Long After Passage Will It Take To Award Notch Benefits? My mother was a Notch baby, born in 1919 and now my disabled brother receives her survivor's benefits. It is only fair that he receives whatever the government did not award my mother and other workers. If The Notch Fairness Act is passed how long will it take to award survivors?.On Thursday, the Ways and Means Committee held a long overdue hearing on the Social Security 2100 Act. The bill was introduced by Congressman John Larson in January of this year. A companion bill was introduced in the Senator by Senator Richard Blumenthal. If adopted these bills would strengthen and reform Social Security by providing beneficiaries with a 2 percent benefit increase, would base the cost-of-living on the CPI-E, create a new minimum benefit set 125 percent of the poverty line and cut taxes for beneficiaries. Increase costs to the program would be paid for my applying the payroll tax to income over 400,000 and gradually increase the payroll tax rate to 7.4 percent.."Today's approval provides patients with an additional safe and effective treatment option and also expands the number of products that are available," Archdeacon said..After reporting her suspicions to Medicare and her mother's Part D insurer, and not getting much of a response, Heap contacted the Los Angeles County sheriff's task force specializing in prescription drug fraud. There she learned the drugs listed on her mother's explanation of benefits forms are among the most desired type in Medicare drug fraud schemes..In 2010, 2011, and 2016 there was no COLA payable at all and, in 2017, the COLA was just 0.03 percent. Likewise, in 2018, the COLA was 2 percent, but rising Part B premiums consumed the entire increase for roughly half of all beneficiaries..On Friday, lawmakers in the House and Senate prepared to return to their home states and districts for a week-long recess. They are scheduled to be back in Washington on Monday, May 7th. In the meantime, many Members of Congress will be attending local events and hosting town hall meetings..No. Citizenship is not a requirement to become eligible for either Social Security or Medicare. All that's required is legal work authorization, and a valid Social Security number, which undocumented immigrants would receive under the new executive action. After working for a long enough period, usually about ten years, individuals become eligible for Social Security retirement benefits when they meet age requirements. If they are eligible for Social Security, individuals automatically become eligible for Medicare at age 65, or after a two-year wait if disabled..Rep. Matt Cartwright represents Pennsylvania's 17th Congressional District, which includes Schuylkill County and portions of Carbon, Lackawanna, Luzerne, Monroe, and Northampton Counties. Cartwright serves on the House Committee on Natural Resources and the House Committee on Oversight and Government Reform.

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This week, The Senior Citizens League was pleased to see support grow for two key bills..According to one non-profit government watch-dog analysis, ". legislation enacted since 2015 could be responsible for more than half of the deficit in 2020 and 202In other words, recent policymakers are responsible for doubling near-term budget deficits.".Claim a health law exemption if under 65 and uninsured. If you did not have health coverage in some or all of 2014, you might qualify for an exemption. As of September 30, 2014, the website lists 22 of them here. These include reasons such as the lowest-priced coverage available would have cost more than 8% of your household income, or your individual plan was cancelled and you believe other Marketplace plans are unaffordable. To claim the exemption you can apply now. Be sure to use the right form, found on. You may also wait to claim the exemptions when you fill out your 2014 tax return, due April 15, 2015. … Continued

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Learn if there's an older, less expensive drug that you can try first. If you have a copy of your drug plan's formulary you may want to take that with you to the doctor's office to assist with checking an alternate medication, and what you will pay out-of-pocket..Want to read more about rising costs? See, The Costs That Are Rising the Fastest for Older Americans, By Doug Whiteman, MoneyWise.com..The CR will fund the government through this coming Friday, Dec. 18, at the same level as fy2020 funding. If they still can't reach an agreement it is likely they will pass another CR that will go to the end of the year. That would give them time to go home for Christmas and then return to Washington to continue trying to reach a final agreement. … Continued

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