TSCL is in the early stages of understanding the full scope of the impact of COVID-19 on the Social Security Trust Fund, as we continue to work with Congressional Offices to enact legislation to boost benefits and strengthen program financing..The House has been working on the other funding bills but whether or not they are able to pass any of them before the August break is uncertain. So far, the Senate has not managed to pass any of the needed funding bills..Rep. Charles Gonzalez introduced this bill on January 26, 201It has since been referred to the Ways and Means Subcommittee on Social Security and to the Committee on Education and the Workforce..This week, one new cosponsor Rep. Hakeem Jeffries signed on to the Improving Access to Medicare Coverage Act. The cosponsor total is now up to one hundred and forty-five. If signed into law, H.R. 1179 would amend current Medicare policy to count hospital stays under "observation status" towards the three-day requirement for skilled nursing care. Currently, those under "observation status" don't qualify for coverage of the benefit, and they are often hit with large, unexpected bills after receiving necessary medical care. TSCL believes the current policy is unfair, and we were pleased to see support grow for H.R. 1179 this week..The Obama Administration along with many private corporations like Hewlett-Packard and Walgreens announced several other new projects that will aim to improve the lives of seniors at Monday's conference. For more information, check out the White House's Fact Sheet that summarizes each one..If you get a call from someone that you don't know who is asking for personal information, don't be polite - hang up or shut the door. If you do get such a call about new Medicare cards, you may help other retirees avoid scams by calling your local newspaper and TV stations to alert the local news media to the attempt. Tell journalists what almost happened to you and ask for their help to get the word out to other retirees..This week, one new cosponsor Rep. Glenn Thompson signed on to the Preventing and Reducing Improper Medicare and Medicaid Expenditures Act, bringing the total up to forty-nine. If signed into law, the PRIME Act would take a number of steps to comprehensively prevent fraud, waste, and abuse within the two programs a problem that TSCL believes must be addressed in order to ensure that scarce program dollars are being spent properly.."… Many of our constituents have not received urgently-needed packages such as prescription medications. The Department of Veterans Affairs saw a 25% delay in delivery of prescriptions mailed by the U.S. Postal Service in 2020.".A newly approved drug to slow the progression of Alzheimer's disease is drawing criticism for it's ,000 price tag, especially given its lack of proven effectiveness. Aduhelm stirred controversy when the Food and Drug Administration's own expert advisory panel was nearly unanimous in opposing the drug's approval due to mixed results in studies of effectiveness.

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Lawmakers Aren't Giving Up On Benefit Cuts.Earlier this year President Biden signed an Executive Order to secure America's critical supply chains. The Executive Order directed the Administration to launch an immediate 100-day review and strategy development process to identify and address vulnerabilities in the supply chains of four key product sectors, including pharmaceuticals.The Social Security Disability Insurance trust fund is projected to become depleted next year, in 201What do you feel should be done to restore this program's solvency? … Continued

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In response to Trump's orders, four Senators requested an estimate from the Social Security Administration about what the long-term effect on the viability of Social Security if the tax deferral is made permanent. Last week, the report was released..Rep. Allyson Schwartz introduced H.R. 574 on February 6, 201It has since been referred to the Committee on Energy and Commerce and to the Committee on Ways and Means where it awaits further action..About four million seniors born from 1917 through 1926, commonly referred to as "Notch Babies," would receive their choice of a ,000 lump-sum payable in four annual installments, or higher monthly Social Security benefits. The legislation, known as "The Notch Fairness Act" seeks to correct a disparity in benefits caused the last time Congress overhauled the benefit formula in 1977, that began to affect seniors who started to retire just two years later. … Continued

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