Medicaid issue brief leveraging medicaid in a multi payer medical home program spotlight on rhode islands chronic care sustainability initiative

My estimate is based on CPI data through March 2019 and projected through the third quarter of 2019, the quarter that the Social Security Administration will use to determine the COLA..TSCL believes modestly higher retirement benefits are needed by a majority of people at or nearing retirement. A number of national studies indicate that millions of older Americans are entering retirement without the financial resources to cover retirements that may stretch 30 years or more. A 2015 report from the U.S. Government Accountability Office that says about one - half of households 55 and older have no retirement savings, and many of those that do run the risk of falling short of income..In 2017 the COLA was just 0.3%, but the Medicare Part B premium rose to 4.00 for people like new enrollees and others who haven't started Social Security yet and pay for their Medicare by check. Once again, the Part B premium of Barbara and the vast majority of Social Security recipients was protected from reductions. Barbara's monthly Medicare premium was adjusted to 108.00, taking every penny of her tiny COLA boost..Social Security was never designed to be the sole source of retirement income. It replaces around 40 percent of the average earnings of its beneficiaries. Pensions and savings form the two other major streams of retirement income, but people who retire with all three sources of retirement income are rare. Even worse, recent research from the National Institute of Retirement Security found that more than 40% of older adults have no retirement income other than Social Security.."New survey data from the Centers for Medicare & Medicaid Services found 21% of beneficiaries reported forgoing health care due to the pandemic, while 46% reported feeling more stressed and anxious..Under the policy, illegal immigrants younger than the age of 30, who came to the United States before the age of 16, will be allowed to remain in the country without risk of deportation and to get work permits if they have been law abiding and meet certain requirements. Although the policy does not grant legal status, work authorization would provide access to Social Security numbers..The Democratic leadership in the House has announced that the House will not take its August break until the next pandemic relief legislation is passed but so far we have seen no indication regarding the intentions of the Republican-run Senate. As of right now, the Senate is scheduled to be out of session from August 10 until September 7..The funding of President Trump's border wall, which is part of the funding for the Department of Homeland Security, had been a major sticking point but that has apparently been resolved..Medicaid Changes Raising TSCL Concerns For Low-Income Seniors

Health Costs Issue Brief Data Note Americans Challenges Health Care Costs
Social Security disability benefits are financed through the taxes paid by workers and their employers on earnings up to a cap of 7,000. Of the 6.2% that each pays, 0.9% goes to Disability Insurance and the rest goes to pay retirement and survivors benefits..Congressman John Garamendi, the sponsor of the bipartisan CPI-E Act, recently said: "Using a Consumer Price Index that actually reflects how retirees spend their money especially in health care is a no-brainer that will increase benefits and make Social Security work better for the people it serves.".According to studies performed for TSCL, many Notch Babies, particularly those who rely on Social Security for most, if not all of their income, are at risk for living near or below the federal poverty level. For example, Notch Babies who retired in 1984 at age 65 with average benefits of 0 per month would receive about ,839 this year. In the 48 contiguous states and Washington DC, that's only 8% above the federal poverty guidelines. … Continued

Blog Voting Challenges In Indian Country And More In The June Canvass
What do you think about ways to strengthen the COLA? Take our 2019 Social Security survey at..Legislation that would tie COLAs to an index that measures inflation experienced by older households, the Consumer Price Index for the Elderly, has recently been reintroduced. The CPI-E tends to grow more quickly that the CPI-W in most, but not every, year. "2021 is one of those times when gasoline prices soar and the CPI-W would yield the higher COLA," Johnson says. "If the COLA for 2022 were based on the CPI-E, we estimate it would be 5 percent compared to the 6.2 percent that we estimate for the CPI-W," Johnson notes. The Senior Citizens League works to protect and strengthen Social Security benefits and program financing..New Poll By The Senior Citizens League: Majority Feel "No Budget, No Pay" Gets Congress Back On Track … Continued

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