These price increases are very likely to block some patients from affording their medication, following instructions for taking the drugs, result in higher costs for treatment in the future because of not taking the prescriptions as directed, and cause higher incidents of additional health issues and death rates..The sharp plunge was the result of changes that Congress made in 1977 to a Social Security benefit formula glitch that over-adjusted for inflation. At the time, Social Security actuaries forecast that if left unchanged, some groups of future retirees would receive benefits that would be even higher than their average earnings during their working years. Social Security was almost insolvent..TSCL Supports New Legislation.Senate Fails to Advance Health Reform Legislation.Now.Backdoor Medicare Cut Could Raise Your Out-of-Pocket Costs A new Medicare cost-saving rule that was launched late in 2020 will cut payments to hospitals for some surgical procedures and could potentially raise costs for Medicare recipients. According to an article by Susan Jaffe, of Kaiser Health News, the Centers for Medicare and Medicaid Services has for years classified 1,740 surgeries and other.Q June 2021 I'm turning 65 later this year. I currently receive my healthcare insurance through my wife's employer. How does Medicare work with this insurance? May I delay enrolling in Medicare?.This is one of the many retirement questions for which there is no straightforward answer. Many financial advisors recommend delaying the start of Social Security until you are at least your full retirement age or better yet, to wait until age 70. At your full retirement age, you would be eligible for 100% of the benefit to which you are entitled. However, for every year you delay until age 70, your Social Security benefit will grow 8%. Your benefit at age 70 would be 32 percent higher than you would get at 6That's a return that's very hard to find these days..I am 92 years old and live on Social Security. I live with my son and his wife so am not hurting too badly. But the rise in health insurance is taking a good-sized chunk of my only source of income. My doctor refused to take the insurance I had, so I was forced into taking what he would accept. I tried to find a different doctor but was refused because NO one is taking patients my age on Medicare. I am a Notch Victim as was my husband. I would like to see the Notch Victims get the proper amount of Social Security due them..According to the findings of a new report released by The Senior Citizens League, Social Security benefits have lost 34 percent of their buying power over the past eighteen years due to growing costs and inadequate cost-of-living adjustments. For every 0 a retired household spent in 2000, the same household can only buy around worth of goods and services today..If you are like millions of Americans you have experienced delays in your mail, including drug prescriptions and checks. In some instances, it has taken over a month for a letter to arrive at its destination, and there are still stories of undelivered packages piled up in postal facilities.

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To address the growing issue of inaccurate COLAs, TSCL believes Congress must adopt the Consumer Price Index for Elderly Consumers Act. This bipartisan bill from Congressman John Garamendi would better protect the purchasing power of Social Security benefits by basing the COLA on the spending patterns of retirees..I can't find the remote..Publication No. 05-10069. … Continued

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Never allow anyone into your home to check electrical wiring, natural gas pipes or appliances unless you have scheduled an appointment or have reported a utility problem. Also, ask utility employees for proper identification..Your wife can sign up, when she's first eligible, during the 7-month period that begins 3 months before the month she turns 65 and ends 3 months after the month she turns 65..On Wednesday, the Social Security and Medicare Trustees released their annual reports on the financial outlook of both programs. As expected, they found that Social Security and Medicare are experiencing long-term financing shortfalls. Social Security's combined trust funds are expected to be depleted in 2034, which remains unchanged from last year's report. Medicare's Hospital Insurance trust fund is expected to be depleted in 2028 two years earlier than the trustees projected last year. … Continued

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