Forty-one million Americans participate in Part D. Medicare should be able to negotiate drug prices on their behalf just as the VA and private insurers do. Doing so would have the potential to lower drug costs for Part D participants and save Medicare money. For these reasons, I've introduced multiple bills to end Medicare's ban on price negotiation, and have urged President Trump not to renege on his campaign pledges supporting this..A provision of a recently enacted government spending bill restricts Part B premium increases in 202The bill caps the Part B premium increase for next year at the 2020 amount plus 25% of the difference between the 2020 amount and a preliminary amount for 202The preliminary amount would be calculated the same way that it would have been without the bill but would prevent dramatic increases that may have occurred as a result of Medicare Part B premiums growing when the COLA is so low..For frequent updates on the status of the spending bill, visit our pages on Facebook or Twitter..Whether or not appropriators will successfully negotiate an omnibus spending bill before December 11th remains to be seen. If Congress fails to reach an agreement, the federal government will shut down, and Social Security beneficiaries could see delays in their monthly benefit checks. In addition, doctors who treat Medicare patients and other medical providers could experience delayed reimbursements from the government..At my urging, she returned to her doctor and was given a new brand prescription.The problem of how our government calculates price inflation affects more than just Social Security benefits. The consumer price index is also used to adjust many federal programs and other aspects of our laws such as the federal poverty limits and the federal tax code. By growing more slowly, fewer people qualify for safety net programs, or the federal tax code exemptions become less generous over time, and taxpayers pay more in taxes..If I start Social Security this year how much am I allowed to earn? I'll turn age 66 in November. I'm currently working in a job that pays ,000 per year plus health insurance..In today's environment, working together - whether that's across the aisle, across the country, or across generations - is the only way to keep our communities safe. That spirit and attitude is what America is all about, in the greatest country in the world, and that's thanks, in no small part, to the many accomplishments of our seniors..If adopted, the Audiology Patient Choice Act would improve Medicare coverage for hearing services that are performed by licensed audiologists. According to the bill's sponsors, under current law, Medicare does not recognize audiologists as providers of health-related hearing services, and it will only reimburse audiologists for diagnoses when they are referred by physicians or nurse practitioners. The Audiology Patient Choice Act would ensure access to a full range of hearing services provided by licensed audiologists.

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You may not be able to get your Medigap plan back: Under federal law you are only guaranteed the right to purchase a Medigap plan during your initial enrollment period. If you drop your Medigap plan and later want to get it back you must do so within a year of trying an MA plan. After that, an insurer may deny coverage or impose 6 - month waiting periods for pre-existing conditions..Rx for Medicare's Doctors' Pay Formula.In March, TSCL delivered letters to several leaders in Congress including Senate Majority Leader Mitch McConnell, House Speaker Paul Ryan, and House Freedom Caucus Chairman Mark Meadows requesting their immediate action on the looming debt ceiling crisis. Art Cooper, the Chairman of TSCL's Board of Trustees, wrote: "Our supporters nation-wide hope you will act swiftly and responsibly to avert delays in Social Security benefits and payments to Medicare providers, and they will not tolerate additional cuts to their earned Social Security benefits." … Continued

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TSCL Supports New Legislation.It would: require Medicare to negotiate lower Part D drug prices, allow individuals to import prescription drugs from Canada, require greater price transparency from drug manufacturers, accelerate the closing of the Part D "doughnut hole," restore drug rebates for low-income seniors, and put a 0 monthly cap on prescription drug spending for individuals. Together, these changes would dramatically reduce drug costs for Medicare beneficiaries. In the coming months, TSCL will continue to work towards its passage in Congress..It's helpful to think of age 70 as the retirement age to get the maximum benefit that you are entitled to. Not only does your benefit grow 8% per year, but the additional years of work could potentially boost the amount of your initial retirement benefit. By continuing to work you also give yourself more time to contribute to retirement accounts and pay off home mortgages, and you reduce the length of time or amount you will need to withdraw from your retirement accounts. That can make a big difference on how well you can live and thrive in retirement. … Continued

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