Primary Care Physicians Accepting Medicare A Snapshot View FootnotesSince the Social Security Administration announced the 2013 benefit boost last fall, fuel, food and healthcare costs have steadily climbed. U.S. households that heat with oil are expected to pay nearly 20 percent more this winter compared to last year. Homes that rely on oil heat will pay an average of 7 more this winter according to the U.S. Energy Information Administration..That's why we endorsed legislation from Congressman Ted Deutch that would protect the earned benefits of older Americans, by exempting Social Security and Medicare from any requirements of a balanced budget amendment. The bill H.R. 5466 would go a long way in protecting the retirement security of older Americans against irresponsible measures like the one that was considered this year..Under growing pressure to reduce the federal deficit, the prospect of major Social Security and Medicare cuts is the greatest it's been in almost three decades. The recent debt limit deal calls for a bipartisan committee that has until Thanksgiving to come up with a plan to cut the deficit by .2 trillion. TSCL believes that the committee would very likely include a change to a more slowly growing consumer price index that would cut annual-cost-of-living adjustments. There are also proposals that would require seniors to pay a bigger portion of their Medicare costs. … Continued
Prevent Wellness WisdomWhy Did Dad Get a Bill for ,944 After Hospitalization for COVID-19?.On the other hand, the standard deduction for 2020 has increased slightly and is ,800 for married couples filing jointly. In addition, if both you and your spouse are age 65 and older you add an extra ,300 to the standard deduction for a total standard deduction ,100. That means your total itemized deductions will need to be higher than ,100..If signed into law, H.R. 3513 would take a number of steps to reduce the cost of prescription drugs, including requiring the Secretary of Health and Human Services to negotiate Part D drug prices, allowing the re-importation of drugs from Canada, closing the "doughnut hole" three years earlier than current law, and prohibiting "pay-for-delay" deals between drug manufacturers. … Continued
