Chapter 1The Consumer Price Index, Handbook of Methods, The Bureau of Labor Statistics, updated April 18, 2019..Should that come about you can be sure that TSCL will be fighting as hard as we can to stop any new attempt cut those programs that you've earned with your years of hard work and contributions to them and that you now depend on..The CMS announced new streamlined payment mechanisms for healthcare provider transactions this week. Doctors, hospitals, health plans, and states will all see reduced administrative costs under CMS' larger "administrative simplification" initiative..The report looked at five prescription drugs and found that drug companies slightly alter the formulas in those drugs, allowing them to extend their patents on the new formulations, and delay the move to the generic drug marketplace..In fact, according to research by The Senior Citizens League, homeowner's insurance has grown 199 percent since 2000, making it one of the fastest growing costs that retirees face, second only to prescription drug costs. Joe reports that his homeowners and car insurance have increased every renewal period over the past two years. His homeowner's premiums rose from ,284 a year to ,566, an increase of 22 percent. Joe's auto insurance premiums increased 0 over the last four renewal periods, which are every six months, despite no tickets or accidents. Government subsidized FEMA flood insurance this year increased 7.4%..Be sure to check out the TSCL website, for updates to bill co-sponsor lists and for newly introduced legislation. As TSCL continues to work with people on Capitol Hill to make your issues known, your help is also needed and greatly appreciated..In response to Trump's orders, four Senators requested an estimate from the Social Security Administration about what the long-term effect on the viability of Social Security if the tax deferral is made permanent. Last week, the report was released..If you would like to continue receiving these press releases via email, please send your email address to [email protected] a new prescription is your best option, check your drug plan coverage and

State Legislatures Magazine First Branch News Legislative Headlines Week Of Oct 4 2021 Magazine2021

Costs not covered by Medicare such as dental, vision and audio care..The study found people with silent strokes scored somewhat worse on memory tests than those without silent strokes. This was true whether or not people had a small hippocampus, which is the memory center of the brain..Low-income "dual-eligibles" - Medicare beneficiaries whose incomes are so low that they are also eligible for Medicaid. Part B premiums are paid on their behalf by state Medicaid programs. … Continued

State Legislatures Magazine Staff Snapshots Rachel Weiss Magazine2021

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..The President should not sign or send the current totalization agreement with Mexico to Congress. Should the President nevertheless do so, Congress should disapprove the agreement..Subcommittee Chairman Sam Johnson explained the origin of the issue in his opening statement, saying: "Both the House and Senate wanted to modify the benefit formula for those workers who spent part of their careers not paying Social Security taxes. I guess it should come as no surprise that the House and Senate didn't agree on the numbers … As tends to happen here they ended up somewhere in the middle." … Continued

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