Second, one new cosponsor Senator Debbie Stabenow signed on to the bipartisan Beneficiary Enrollment Notification and Eligibility Simplification Act, bringing the cosponsor total up to three. If adopted, S. 1909 would simplify and modernize the complex Medicare enrollment process..When the Social Security Administration received copies of the husband's W2 with the invalid Social Security number that didn't match the name and numbers on record, the Social Security Administration placed it a special file called the Earnings Suspense File. There it stays, and more are added every year until the reports can be matched with the worker. This can occur any time, even years later, when a claim is filed..Another concern about congressional inaction on the debt ceiling is the potential for cuts to programs like Social Security, Medicare, and Medicaid. In recent debates, Social Security benefits have been used as a bargaining chip and have been held hostage to the debt limit increase. Some retirees have felt the sting of unexpected benefit cuts. In 2015, following the passage of the Bipartisan Budget Act, millions of seniors, already eligible for Social Security benefits, learned that an important claiming method called "file and suspend" a particularly important protection for women who tend to have lower benefits than men would no longer be an option to them..To learn how much the COLA cuts would cost you, try TSCL's "chained" COLA calculator..I have proudly introduced this important legislation every single Congress since coming to the House of Representatives in 201Despite having over 100 bipartisan cosponsors each Congress, the bill has received little attention from House leadership. In September 2018, myself and my colleague, Representative Garret Graves offered this bill as an amendment to the Family Savings Act, which was part of Representative Kevin Brady's "Tax 2.0" package. Then in May of 2019, we offered the legislation as an amendment to H.R. 1994, the Setting Every Community Up for Retirement Act which passed the House 417-Unfortunately, both times, the amendment was defeated in the House Committee on Rules..Dealerships and lenders that use these tactics often target older consumers, low-income people with credit problems, and people with low "financial I.Q.s" by taking advantage of the borrower's lack of understanding about loans, terms and finances in general. The lender makes money from charging excessively high interest rates and stacking terms in its favor, and from the profits when the vehicle is repossessed and resold, sometimes to multiple buyers..Tuesday Senators Grassley and Wyden announced legislation, The Prescription Drug Pricing and Reduction Act of 201The bill if adopted would save taxpayers more than 0 Billion, lower Medicare Beneficiaries out-of-pocket costs by Billion and premiums by Billion, according to the Congressional Budget Office. A hearing on Thursday of a key panel of legislators advanced the legislation out of the Senate Finance Committee despite close-call votes on controversial provisions, priming the legislation to be considered by the full Senate in the fall..Hang up the phone or shut the door if you encounter any of the following:.Two of the most popular Medigap plans, "F" and "C," will no longer be offered for sale in 2020. "While individuals enrolled in these plans may keep their plans, we are concerned that premiums for these plans could rise significantly without younger and healthier new enrollees to spread the costs in those plans," Johnson says.

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On the other hand, much of the other CPI data has been pretty tame. Housing costs and medical care services are rising, but still more slowly than prior to the pandemic. I'm in the process of collecting price data for TSCL's annual report on the Social Security Loss of Buying Power. If you would like to send in examples of your rising costs, please feel free to do so online at "Share Your Story"..And the order that directs clinics that qualify for steep pharmaceutical discounts under a government program for low-income patients to pass savings on insulin and EpiPens directly to those patients only applies to about 1,000 community health centers, not to hospitals that are frequently flagged as diverting the discounts away from patients toward other programs..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. … Continued

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In April, more than 150 House lawmakers proposed a budget blueprint that would have reformed the Medicare program and cut Social Security benefits by adopting the "chained" CPI, eliminating the COLA for some seniors, and raising the eligibility age. Did you support this budget blueprint, and if so, why?.In most years, seniors receive a small increase in their Social Security checks, intended to help them keep up with rising costs. But since 2000, the Social Security Cost-of-Living Adjustment has increased benefits just 38 percent while typical senior expenses have jumped 81 percent, more than twice as fast. Inflation has been at historic lows in recent years and seniors received a 1.7 percent COLA this year..In the months ahead, The Senior Citizens League will continue to advocate for these and other policy solutions that would boost and strengthen Social Security benefits for current and future beneficiaries. For progress updates, follow The Senior Citizens League on Twitter. … Continued

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