The bill would provide critical savings to millions of older taxpayers with modest incomes below the new threshold amounts. But, as frequently can happen when legislation is under deliberation, progress on the bill was recently put on hold. Lawmakers are considering how the revenues to the Social Security and Medicare Trust Fund would be allocated, and from where replacement revenues lost due to the tax cut would come..President Trump Signs Executive Order to Expand Private Medicare Plans.Expanded coverage of preventive services. The healthcare law expanded coverage of screenings for colon, prostate, breast cancer and other preventive services, which are now free if you follow Medicare's recommended frequency for getting the tests. Medicare will also pay for an annual wellness visit to the doctor..The hold harmless provision affects Medicare beneficiaries who have their Part B premiums automatically deducted from their Social Security payments. The law protects the Social Security benefits of those people, about 70% of all Medicare beneficiaries, when an increase in the amount of the Part B premium is greater than the amount of increase that individuals would receive in their COLA. The law prohibits a reduction to an individual's monthly Social Security benefit due to rising Medicare premiums from one year to the next..Back in mid-August we reported on President Trump's executive order to stop the collection of the workers' part of the Payroll tax, which funds Social Security and Medicare. TSCL is opposed of Payroll tax cuts of any kind because they seriously jeopardize the financial viability of both Social Security and Medicare..Since the start of the first CPI in 1940, the BLS has made changes to how it calculates price inflation - most recently announcing changes to how they collect price data. A new paper reports that the BLS has undertaken several pilot projects in an attempt to supplement and/or replace its traditional field collection of price data with "alternative sources." If that sounds suspicious, you have good reason to ask questions. The BLS Handbook of Methods lists more than 21 changes that economists have made to how they calculate the CPI since 198In most cases the so-called "improvements" tend to slow the measured rate of inflation. That means the growth in COLAs is cut and Social Security benefits grow more slowly over time. In short, this boils down to an erosion in the buying power of your Social Security benefits when, in reality, prices are actually going up..Survey participants were asked: "Since the start of 2021, which of the following budget categories increased fastest in your household?".Senate leaders were already having a hard time pushing through their priorities, including drug pricing legislation. In fact, Sen. Roy Blunt, head of the Republican Policy Committee, said some bills -- including drug pricing legislation -- are far from ready to move to the floor, which is what we have been reporting to you for the last few weeks..In 2017 the COLA was just 0.3%, but the Medicare Part B premium rose to 4.00 for people like new enrollees and others who haven't started Social Security yet and pay for their Medicare by check. Once again, the Part B premium of Barbara and the vast majority of Social Security recipients was protected from reductions. Barbara's monthly Medicare premium was adjusted to 108.00, taking every penny of her tiny COLA boost.

Health Reform Video Aprenda Sobre Seguros Medicos Los Videos En Espanol

Primary care providers mitigate this risk by coordinating among doctors on behalf of the patient..Retirees and disabled Social Security beneficiaries generally have different spending patterns than younger workers. Retirees spend less on gasoline, and a greater portion of their incomes on healthcare costs and housing. The lack of a COLA means that if other costs like prescription drugs increase, retirees have to dig deeper into their Social Security or savings..Tightening eligibility requirements, including requiring disability applicants to have worked six of the past ten years, and modestly increasing the age at which it becomes easier to qualify for benefits from forty-five to fifty. … Continued

Health Reform Issue Brief New Regulations Broadening Employer Exemptions To Contraceptive Coverage Impact On Women

The switch is insidious for that reason. But a.03 of a percentage point reduction can make a huge difference to what you receive in Social Security, especially as you get older. The following chart illustrates the impact over the first ten years on a married couple that receives ,500 per month in Social Security benefits today. After ten years the cut would reduce benefits by per month, and by nearly ,475 over that period..Third, the Social Security Fairness Act of 2017 gained two new cosponsors in Representative Bill Posey and Suzanne Bonamici, bringing the cosponsor total to 17If signed into law, H.R. 1205 would repeal the Government Pension Offset and Windfall Elimination Provision two provisions that unfairly reduce the earned Social Security benefits of millions of teachers, police officers, and other public servants each year..The Senior Citizens League believes it is essential for older Americans to receive the primary and preventive care that is needed to ensure good health in retirement. In a recent poll conducted by The Senior Citizens League, 79% of respondents said they would like to see Medicare coverage expanded to include hearing, vision, and dental services. Only 9% said Medicare coverage should remain unchanged, while 14% said they would like to see private Medicare Advantage plans which sometimes cover more of these services better promoted. … Continued

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