The report assumes that no other change would be made in the law and that the lost revenues would not be replenished with general revenues from the Department of the Treasury..The report added, "Since the first case arrived in the U.S. at the start of the year, medical professionals have gone from fumbling in the dark to better understanding which drugs work -- such as steroids and blood thinners, and the antiviral medicine remdesivir. Allocation of intensive medical resources have improved. And doctors have learned to hold off on the use of ventilators for some patients, unlike with many other severe respiratory illnesses..A growing number of workers expect to rely heavily on Social Security for most of their income, but three-quarters of current retirees are receiving reduced benefits. The retirement age is gradually rising to 67 and, by taking benefits when first eligible at age 62, beneficiaries settle for permanently reduced benefits. Delaying benefits until "full retirement age" or thereafter is the best way to maximize benefits. For example at full retirement age retirees due a monthly benefit of ,000 would receive only 0 at age 62 if they took it. Individuals who can continue to work and delay retirement until 70 can receive a benefit ,320 instead. But even the individuals who wait until age 70 to allow benefits to grow to their maximum, would still be living close to the federal poverty level if Social Security is their only income..This week, Senator John McCain introduced the Safe and Affordable Drugs from Canada Act, which would allow individuals to import prescription drugs from approved pharmacies in Canada. Upon introducing the bill, Senator McCain stated: "This legislation would allow individuals to safely import prescription drugs into the United States from our neighbors to the north, spur much-needed competition in the pharmaceutical market, and save individual Americans up to hundreds of dollars a year." TSCL supports S. 122 enthusiastically, and we look forward to helping build support for it this year..This week, the House Budget Committee advanced a budget resolution that would reform the Medicare program, and the Senate Aging Committee met to discuss the trajectory of Alzheimer's disease. In addition, three key bills gained support in Congress..Action on Capitol Hill remained slow this week, as both Houses of Congress have adjourned for the August recess. However, The Senior Citizens League did see support grow for two key pieces of legislation..Although the bill applies to children, TSCL is concerned that the DREAM Act is a back-door approach to a much wider amnesty that would have an enormous impact on the financial solvency of Social Security and Medicare. Under current policy, immigrants who become U. S. citizens, as young people under the DREAM Act would, may file a petition for green cards to allow their immediate relatives to legally immigrate to the U.S. Relatives who qualify immediately for a visa are spouses, unmarried children under the age of 21, and parents. Once the parents receive the green cards they can legally apply for work authorization, and renew it annually.."The Earnings Suspense File isn't getting enough attention from Congress," says TSCL Chairman, Ed Cates. "Wages are an important indicator of the extra costs associated with immigration reform," Cates notes. Wage records are used to determine both the number of quarters worked to qualify for Social Security, and to calculate the initial benefit. The wages represented by the Earnings Suspense File would potentially form a portion of Social Security benefits for undocumented workers who later gain legal status..The COLA will be announced in mid - October and the Medicare Part B premium often is announced by the end of November.

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Given the importance, changes to Social Security should ideally be made only after a full and open debate, separate from the debt limit negotiations. Any changes should be kept as small as possible and phased in over the longest possible period, and they should not affect people who are currently over 50 years of age..I have absolutely NO idea what I did with the car keys..I am committed to working with both Democrats and Republicans to take common sense, reasonable steps to strengthen Medicare and make sure it is strong for both current and future seniors. These sensible reforms include implementing electronic medical records, improving coordination of healthcare services, and continuing efforts to eliminate waste, fraud and abuse from the system. … Continued

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After 13 years with TREA he retired from the organization at the end of 2018 and became TSCL's Legislative Consultant in September of 2019..Medicare Part B premiums are forecast to soar an astonishing 22.3% for an estimated 16 million Medicare beneficiaries in 2017 - the biggest such jump in nearly three decades. The anticipated spike in monthly premiums, from 1.80 to an estimated 9.00 per month in 2017, is primarily due to the effects of an extremely low inflation that's expected to hit retirees again next year. Medicare Trustees believe that the annual Social Security cost-of-living adjustment for 2017 will be insufficient to cover the amount of the Medicare Part B premium increase for the majority of Medicare beneficiaries. That would trigger a special "hold harmless" provision of law..Medicare considers observation care as outpatient services, even though patients may stay in the hospital for several days. Outpatient care is covered under Medicare Part B not under Part A, which normally covers hospital care. Patients can have co-payments for doctor's fees, and every hospital service. That includes charges for any routine drugs your mother may take for chronic conditions like high cholesterol. … Continued

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