It's not perfect - we still have a year to go before implementation starts. However, starting in 2022, consumers will no longer receive surprise or "balance bills" when they are unknowingly treated by out-of-network providers. Patients will pay only the deductible and copayment amounts they ordinarily would under the in-network terms of their insurance plans. Medical providers will not be allowed to hold patients responsible for difference between the amount they get and the higher fees they would like to charge. Instead providers will have to work that out with insurers.."Greenspan Calls For Repeal Of All The Bush Tax Cuts," Sewell Chan, The New York Times, August 6, 2010..Several controversial policy riders are currently acting as hurdles in the discussions. Many are pushing to revive expired tax breaks for businesses, while some are hoping to put an end to restrictions that ban the exportation of crude oil. Other potential riders include changes to the Dodd-Frank financial regulation law, new research on gun violence, and an extension of health benefits for 9/11 first responders..As we said, TSCL is supportive of intentions of these, and other efforts on the part of both parties to lower prescription drug prices. However, we also have our own concerns..I'm new to Medicare and recently had surgery. I've received several unexpected bills, including one for ,100 from the anesthesiologist. I thought these costs would be covered. What can I do?.This week, two congressional committees held hearings on issues affecting older Americans, and The Senior Citizens League saw support grow for four key bills in the House and Senate..Right now, there are immediate steps we can take to help build a sustainable path toward cheaper drugs for all Americans - and I'd like to highlight two recent bills that could increase transparency and competition as a part of this strategy..The Senior Citizens League encourages its supporters to attend these events and to ask important questions of their elected officials, like the following three….The hold harmless provision kicks in when the dollar amount of an individual's Medicare Part B premium rises more than the dollar amount of an individual's COLA adjustment to prevent a reduction in Social Security benefits. The provision applies to individuals with incomes below ,000, and whose Medicare Part B premium is automatically deducted from their Social Security benefits. Johnson estimates that about 35.5 million Social Security recipients were held harmless in 2016 and 201"People who have been held harmless in both those years are paying premiums that are roughly 8 per month in 2017 on average, a difference of about from the current 4 premium. However, for many of those people, especially those with below - average Social Security benefits, the 2018 COLA won't be high enough to cover the full 4 Part B premium.

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Wednesday's report also revealed a new projection for next year's Social Security cost-of-living adjustment. According to the Consumer Price Index for Urban Wage Earners, consumer prices have been lower this year than they were last year, which means there will likely be no COLA come January. Automatic COLAs were adopted forty years ago and so far, beneficiaries have gone without annual increases only twice in 2010 and 2011..These settlements are only a good deal for the drug manufacturers involved brand name and generic. They are a flat-out bad deal for patients. Pay-for-delay deals make necessary prescriptions unaffordable for many seniors and their families..According to a recent nation-wide survey conducted by The Senior Citizens League, almost one-third of older taxpayers, 30 percent, say they itemize deductions for healthcare costs, and about 56 percent say that a portion of their Social Security benefits are taxable. "Taxpayers who may be postponing needed medical or dental services, getting glasses, or filling expensive prescriptions may want to consider doing so before the end of the year, in order to maximum the medical expense deduction in 2018," Johnson says. … Continued

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"Pfizer's political action committee alone contributed to 228 lawmakers. Amgen's PAC donated to 218, meaning that each company helped to fund the campaigns of nearly half the lawmakers on Capitol Hill. Overall, the sector donated million..TSCL believes that Social Security and Medicare remain at high risk of major changes that would cut benefits and continues to meet with Members of Congress and their staffs. The COLA is particularly vulnerable due to the size of the reduction in the deficit it would have - both by cutting federal spending and boosting tax revenue. The next election will be one of the most critical in years for both retirees and older Americans within ten years of retirement. TSCL urges you to ensure that you and your family are registered and ready to vote this November!.If she delays until age 70, she'll receive ,226 more because of the Social Security delayed retirement credit. Her starting benefit will be ,980, she will receive 0,891 over her retirement, and her final monthly benefit would be ,417. … Continued

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