Adding to the confusion, the program will affect beneficiaries differently depending on the area of the country in which they live, and how they are getting their supplies and durable medical equipment. Effective July 1, 2013, in most cases if you have "Original" Medicare coverage and get items in the new program areas, Medicare will only help pay for these items if they're provided by contract suppliers.."New Generic Drugs Can Save You Money," Consumer Reports magazine, May 2012..The age at which individuals become eligible for full, un-reduced Social Security benefits is rising. Your full retirement age is based on the year when you were born and, for people born in 1960 and later, the full retirement age is 6The earliest age at which you can claim a retirement benefit is 6However, claiming benefits prior to your full retirement age comes with expensive trade-offs. It's unlikely to be your best choice if your aim is to maximize your retirement income over the long haul..The situation is caused by a drop in the average wage index which is used in the Social Security benefit formula. Normally, wages tend to go up year over year. But in 2020, the COVID-19 recession and sudden high unemployment may have caused the index to plummet. This type of benefit reduction is known as a "notch" and these people are the "1960 Notch Baby Boomers.".TSCL is pleased that lawmakers in Congress are finally making progress on a solution that would give public servants the retirement security they have earned and deserve. The bill currently has more than sixty cosponsors, with support on both sides of the aisle. Following the hearing, TSCL sent a letter to the subcommittee in support of it. In the months ahead, we will encourage lawmakers to sign on to the Equal Treatment of Public Servants Act as cosponsors, and we hope to see it signed into law before the end of this year.."Medicare, the federal health insurance program that covers Americans over 65, is facing an impossible dilemmShould it cover a new and expensive medication for Alzheimer's disease, which afflicts 6 million Americans and for which there is no existing treatment, even though the drug might not actually work?".Medicare Part B premiums were found to be the fastest growing cost for seniors, increasing by 195 percent over the eighteen-year period. Average out-of-pocket spending on prescription drugs followed closely behind, increasing by 188 percent. Meanwhile, between 2000 and 2018 the COLA increased Social Security benefits by only 46 percent..In addition, it appears that public health preparedness has not been a priority among government officials for several years and funding for public health programs has been cut..Which Repairs Are Worth Doing Before Selling A Home?

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table-2.According to the Senior Citizens League, recipients of Social Security have seen a 30 percent decrease in their buying power since 2000. Additionally, seniors who are enrolled in Medicare Part B programs or own homes have faced particularly large cost increases. This is because COLAs have not kept up with the increase in seniors' expenses and it is simply unacceptable. This needs to change..We should hope for our young adults, and workers from all walks of life, to aspire to serve their communities and become public servants. However, policies like the WEP and GPO only discourage our young people from becoming teachers, firefighters, and public health workers. … Continued

Blog March Madness Illinois And Pennsylvania Budgets Nine Months Overdue

TSCL will be letting Congressional leaders know of our opposition to a payroll tax cut and we will continue to advocate both in opposition to any payroll tax cut, and also for a fairer and more accurate way of calculating what the COLA should be each year..Dental expenses not covered by dental insurance..The findings come from a survey of 502 adults conducted by the Centers for Disease Control and Prevention in May. Thirty-nine percent had misused the cleaning products, and one quarter reported "an adverse health effect that they believed was a result" of the products. … Continued

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