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It also seems to be a more severe flu strain than the seasonal flu which means more people require greater medical care. For most people this flu is survivable but without the extra medical care that someone might normally need they may succumb to it..This week, following a two-day markup, the House Budget Committee advanced a fiscal 2019 budget resolution that would dramatically impact Social Security, Medicare, and Medicaid if adopted. The "Budget for a Brighter American Future" includes trillion in spending cuts, and it would balance the budget in nine years..But in the meantime, beware of scams and identity theft attempts. Scammers are taking advantage of the confusion created by the transition, and reports of Medicare card scams are rampant. The two most important things to know: Medicare will not call or contact you for "information about your account," and the new card will not cost you anything..Second, the Social Security Fairness Act of 2017 gained one new cosponsor in Senator Tina Smith, bringing the cosponsor total to twenty-two. If signed into law, S. 915 would repeal the Government Pension Offset and Windfall Elimination Provision two Social Security provisions that cut the earned benefits of millions of teachers, police officers, and other public servants each year..The suppressed growth in Social Security benefits not only creates ongoing benefit adequacy issues for retirees, but also Medicare budget problems when the COLA is not sufficient to cover rising Part B premiums for large numbers of beneficiaries. When the dollar amount of the annual Medicare Part B premium increase is greater than the dollar amount of an individual's annual cost of living adjustment, the Social Security benefits of about 70 percent of Medicare beneficiaries are protected by the hold-harmless provision in the Social Security Act. The Medicare Part B premium of those individuals is reduced to prevent their net Social Security benefits from being lower than the year before..In late December of last year, the federal government reluctantly turned over to TSCL the first public copy of the controversial Totalization Agreement with Mexico after TSCL was forced to file two federal lawsuits under the Freedom of Information Act to gain access to the documents. The agreement has not yet been signed by the President or sent to Congress for final review..Already Senate leaders are making in known that they won't get their work done on time again this year. Senate Appropriations Committee Chairman Richard Shelby said he's ready to move ahead with fiscal 2021 spending bills. But he told his subcommittee chairmen the Senate isn't likely to pass those measures until after the election, in December. Lawmakers expect to pass another stop-gap to prevent a funding lapse in September..If Trump does, in fact, veto the bill it is likely Congress will attempt to override it this week although the timing of the override attempt may hinge on whether an agreement of government funding can be reached this week..According to The Social Security Trustees, the Disability Insurance Trust Fund is expected to become fully insolvent by the end of next year. Without Congressional action, Social Security trustees estimate there won't be enough tax revenues to pay full scheduled disability program benefits at the end of 201More than 10 million disabled beneficiaries and their dependents face cuts of about 19% in their monthly payments if nothing is done.

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The more you learn about the COLA, however, the more the anemic annual boosts of our past decade raise questions. The very first COLA ever paid was 77%. No, you read that right, this is not a typo. It became payable in 1950, one year before I was born, and a full ten years after Ida May Fuller received the nation's very first Social Security benefit check for .54 - the equivalent of 0.90 today..While most prescription drugs are paid for by beneficiaries and their Medicare Part D plans, Medicare Part B spends about billion on pricey drugs that must be given intravenously or by injection by trained healthcare professionals. Medicare pays the healthcare provider the average sales price, plus 6% for the costs associated with the purchase and storage of the medications. For example, if a drug costs ,000, the doctor would receive an additional 6% payment, or , but if a similar drug costing ,000 were used instead, the doctor would receive 0 instead..The government will announce the 2017 COLA on October 18, 2016 and it remains to be seen whether Congress will take action to protect older Americans and state Medicaid budgets from unexpectedly high Medicare Part B premium costs. In response to similar circumstances last fall, Congress passed legislation that modified the Part B premium spike to the amount it would have increased if the hold harmless provision had not gone into effect. … Continued

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Spring Recess Continues.While a compromise was not reached, some consider the automatic budget cuts as a silver lining. "The good news, if there is no agreement, the nation is going to end up with what Republicans said, there will be a dollar spending reduction for every dollar increase in the debt ceiling" said Hensarling. White House Press Secretary Jay Carney echoed the same optimism: "It's important to remember, however, that because of the Budget Control Act, the 1.2 trillion dollars that the Super Committee was supposed to achieve in deficit reduction will happen regardless.".Mary Johnson a policy analyst for The Senior Citizens League told Stephen Ohlemacher of the Associated Press that she has serious concerns about the long-term impact of Tuesday's COLA announcement. She said, "This loss of anticipated retirement income compounds every year, causing people to spend through retirement savings far more quickly than planned. Over the course of a 25- or 30-year retirement, it reduces anticipated Social Security income by tens of thousands of dollars." … Continued