that your health insurance is taking a big portion of your Social Security,.In the meantime, The Senior Citizens League supports legislation that would boost Social Security benefits and tie the annual COLA to an index that better reflects the expenditures of retirees, such as the Consumer Price Index for the Elderly. To learn more visit..The hold harmless provision affects Medicare beneficiaries who have their Part B premiums automatically deducted from their Social Security payments. The law protects the Social Security benefits of those people, about 70% of all Medicare beneficiaries, when an increase in the amount of the Part B premium is greater than the amount of increase that individuals would receive in their COLA. The law prohibits a reduction to an individual's monthly Social Security benefit due to rising Medicare premiums from one year to the next..How To Increase Medical Tax Deductions for Older Taxpayers.New Congress Sworn in but Little in the Way of Legislation Yet.Dr. Redfield also told Congress this week that the CDC is developing a test that can check for seasonal influenza and COVID-19 infections at the same time..Doctors, hospitals, and other providers would also be affected payments would be reduced to nursing homes, teaching hospitals, and other facilities, and doctors would no longer be paid according to the fee schedule laid out in the flawed sustainable growth rate formula. While some of these changes including the repeal of the SGR would be welcomed by TSCL, we do have serious concerns about the increased cost-sharing that many beneficiaries would see under the plan..According to Aging Committee Chairman Susan Collins, 5.7 million Americans are currently living with Alzheimer's disease, and it is the sixth leading cause of death. In her opening statement, Chairman Collins said: "If we continue along this trajectory, Alzheimer's is projected to claim the minds of nearly 14 million seniors and surpass trillion in costs by 2050.".Would a Higher Cost-of-Living-Adjustment in Social Security Make Me Ineligible for Medicaid?

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and if your drug plan doesn't cover it, or drops coverage, you may want to go.TSCL believes a cap of ,000 to ,000 out-of-pocket, particularly for people who don't receive any "Extra Help" to cover drug costs and out-of-pocket spending, would provide much needed protection that would significantly reduce the current impoverishing level of mandated out-of-pocket spending..While you can count medical bills for you, your spouse and dependents listed on your tax return, you may also be able to count some medical expenses that you paid for a family member who's not considered a dependent for tax purposes. This is the sort of question you should discuss with a tax professional. … Continued

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President Trump recently signed an executive order intended to change Medicare by expanding the role of Medicare Advantage - the private insurance alternative to Medicare. Medicare Advantage plans have been growing in popularity in recent years enrolling about one third of the nation's 61 million Medicare enrollees..The GPO reduces the Social Security benefit received by spouses and surviving spouses who also collect a government pension. Nine out of 10 public employees affected by the GPO lose their entire spousal benefit, even when their spouse paid Social Security taxes for many years. According to the Congressional Research Service, in 2018 approximately 6.6 million state and local government workers were in non- Social Security covered jobs. About 83% of all affected by the GPO are women..early 60s. If you wait much longer, you may not pass the required physical and … Continued

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