According to the three Senators, under current law, the administration has the authority to allow pharmacists and wholesale retailers to import prescription drugs from Canada, where medicines are often half the price. The administration also has the power to issue an executive order that would allow individuals to import prescription drugs from Canada for their own personal use..Letter to Marilyn Tavenner, Acting Administrator, CMS, from Medicare Payment Advisory Commission, July 11, 201Testimony of Robert A. Berenson, M.D., Institute Fellow, the Urban Institute, U.S. Special Committee on Aging, July 18, 2012..Subcommittee Discusses Social Security Windfall.TSCL encourages all readers concerned about the future of their Social Security and Medicare benefits to Contact your Member of Congress. Let's tell Congress not to pay Social Security based on unauthorized work! Work under invalid and fraudulent Social Security numbers should be invalid for entitlement to Social Security benefits. To learn more, track bills that are in congress..What's Secretly Sabotaging Your Finances? - Your Brain.With unemployment still 5.4%, and less payroll tax revenue to finance the benefits of swelling Social Security rolls, how is the program's financing faring during our 2021 economic recovery? The Social Security Trustees are expected to soon release a much-anticipated annual report that gives us our first real glimpse of how the recession caused by the COVID-19 pandemic affected Social Security's retirement, survivors and disability programs in 2020..The COLA is calculated using data from the Consumer Price Index for Urban Wage Earners and Clerical Workers. Of the CPI groups that the Bureau of Labor Statistics measures, the CPI-W covers only 28% of the total U.S. population, and specifically excludes households "with no one in the labor force, such as retirees.".New study says drug prices really have been increasing."Social Security Sees Slowdown in Retiree Rolls Amid COVID Deaths," Alexandre Tanzi, Bloomberg News, May 3, 202"U.S. Life Expectancy Drops A Year In Pandemic, Most Since WWII," Marilynn Marchione, Associated Press, February 17, 2021.

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TSCL agrees that the WEP and the GPO must be repealed as soon as possible so that public employees receive the retirement benefits they have earned and deserve. We look forward to working closely with Sen. Brown in the coming months to help build support for his important new bill..In addition, the plans in his orders all have limitations. For example, the rebate order comes with a caveat that any plan cannot increase seniors' premiums, the unworkable problem that led the administration to kill its original rebate rule last year..Now Medicare Part A is projected to again become insolvent, perhaps by 202Policy experts are proposing that the revenues raised by the 3.8% net investment income tax should be "re-directed" to the Part A Trust fund rather than the federal government general revenue. … Continued

Number Of People Getting Monoclonal Antibody Treatment For Covid19 Skyrockets

This week, The Senior Citizens League announced its support for the Seniors Have Eyes, Ears, and Teeth Act, which was recently introduced by Representative Lucille Roybal-Allard with the support of seventy-eight original House cosponsors..But according to a report in Politco last week, "… the administration's Medicare team has put together a revised plan - which was circulated inside the administration on Tuesday, with instructions to expedite approval - to start sending letters to 39 million beneficiaries within the next week, touting the drug-discount cards. The cards would then arrive across December and January, according to four officials with knowledge of the plan.".Legislation introduced by Senator Bernie Sanders and a similar bill introduced by Representative John Larson would provide a boost in Social Security benefits by about to for most recipients, would increase cost of living adjustments by basing the increase on the CPI-E. It would pay for the expanded benefits and restore long - term solvency to the program by making the wealthiest Americans pay their fair share of taxes. Under current law those earning more than 8,500 pay nothing on earnings over that amount. … Continued

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