"Night in America" spotlights the plight millions of seniors are enduring as living costs rise, Social Security payments shrink, and medical costs skyrocket. Night in America is a play on Ronald Reagan's 1984 campaign theme, "Morning in America.".Better Donut Hole Coverage - Higher Taxes Ahead."People who have been receiving benefits for 12 years or longer have experienced an unprecedented series of extremely low cost-of-living adjustments," says Mary Johnson, a Social Security policy analyst for The Senior Citizens League. What's more those inflation adjustments do not account for rapidly rising Medicare Part B premiums that are increasing several times faster than the COLA. The situation is causing those with the lower Social Security benefits to see little growth in their net Social Security income after deduction of the Part B premium..The annual COLA is tied to the rise in inflation as measured by the Consumer Price Index for Urban Wage Earners and Clerical Workers, maintained by the U.S. Bureau of Labor Statistics. Inflation has been at record lows in most of the seven years since 2009, averaging just 1.2 percent. In the decade prior to 2009, COLAs averaged more than 3 percent. And although low inflation can be helpful to younger wage earners and workers, "it's not always a boon for people receiving Social Security benefits," says Ed Cates, Chairman of TSCL..Prescription Drug Re-Importation Making safe, secure re-importation a reality..Homeowner's, auto, and flood insurance are three of Joe's fastest rising costs, since he lives on the eastern coast of the Florida. The insurance industry says that homeowners and auto insurance costs are impacted by both the number and intensity of severe storms in recent years..What do you think of options to fix the pending insolvency of Social Security's disability program? Take a poll. Visit TSCL's website at..This week, The Senior Citizens League was pleased to see support grow for one key bill that would improve access to affordable prescription drugs..Under the new policy, illegal immigrants younger than 30 years old, who came to the United States before the age of 16, will be allowed to remain in the country without risk of deportation and to get work permits if they have been law-abiding and meet certain requirements. Although the policy does not grant legal status, work authorization would provide access to Social Security numbers.

Ncsl In Dc Publications And Resources Capitol To Capitol Nov 14 2018

The hold-harmless provision was again triggered on a nation-wide basis in 2016, when the COLA was zero, and again in 2017, when it was just 0.03 percent. In the meantime the Part B premium rose to 4.00 per month. In 2018, the COLA finally boosted benefits by 2 percent, but even so, roughly half of all beneficiaries reported that the increase in Part B premiums offset their entire COLA this year..In a letter to Congressman Jones, Ed Cates TSCL's Chairman wrote: "The Senior Citizens League lends its enthusiastic support and the support of its membership to the Social Security Guarantee Act … We salute you for introducing legislation that would make the Social Security program more fair and reliable, and we look forward to informing our members and supporters about your efforts.".Essma Extra! … Continued

State Legislatures Magazine Table Of Contents State Legislatures Magazine November December 2018

Please be aware that if the federal government shuts down on Tuesday, October 1st, your daily life should NOT be affected. Medicare will continue to operate, and your Social Security benefits will go out on time regardless of whether or not the federal government is running..Do I Have To Give Up My Current Healthcare Coverage To Go On Medicare?.When food and other important costs rise faster than the Social Security COLA, that means that retirees aren't able to purchase as much with their benefits. This can lead to older consumers going without essentials. Research by Johnson has found that Social Security benefits have lost 30% of buying power since 2000. "We encourage everyone to consider who you may know that might need help with food costs," Johnson says "Perhaps you can drop off a few groceries, or share your next batch of home - made soups, chili, or stews with others you know," Johnson adds. "Mercifully, this list of prices will likely change in time, especially as we get COVID-19 under control and people return to work," Johnson says. … Continued

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