It required a mix of financial incentives, unprecedented world-wide need, and government prodding. But drug companies stepped up, and based on their performance in the stock market, they appear to be prospering. The federal government negotiated not only prices, but also it purchased hundreds of millions of doses of vaccines, made the vaccines available to the public at no charge, and has overseen the distribution of the vaccines to states. Those vaccines are saving lives, helping to get workers back on the job, and allowing those of us who are fully vaccinated to carefully start to resume pre-pandemic activities, such as visits with friends, family and grandchildren..We should also ensure senior citizens are getting an accurate cost of living adjustment. The model the government is using right now would be fine if seniors were regularly buying iPods and laptop computers. But that's just not the case. I've proposed a better way to calculate the COLA based on items seniors actually use, such as food, housing, gasoline, healthcare and prescription drugs..As inflation continues to steeply increase prices, older consumers are reporting that food has been the fastest growing category of their household budgets so far this year, according to a new survey by The Senior Citizens League. The same survey also found that nearly one out of five survey respondents, 19 percent, say they have visited a food pantry or applied for food stamps since the beginning of this year," says Mary Johnson, Social Security policy analyst for The Senior Citizens League..The Social Security Fairness Act, if signed into law, would amend the Social Security Act by repealing the government pension offset and the windfall elimination provision. TSCL believes that these two provisions unfairly reduce the earned Social Security benefits of millions of teachers, firefighters, peace officers, and other state or local government employees each year. We were pleased to see support grow for the Social Security Fairness Act this week..Essma Extra!.Increasing the frequency of Continuing Disability Reviews. Additional funding for CDRs, which are conducted periodically to determine if enrollees still qualify for DI benefits, would return significant savings to the program according to recent projections..also say that if you're healthy, the best time to shop for a policy is your.TSCL believes Congress will need to make some difficult spending cut decisions, and soon, in order to find the savings needed to address Medicare shortfalls, while ensuring access to doctors and adequate Medicare coverage without reducing benefits. Notch Babies who turn 85 to 94 this year are hit particularly hard because they are at the age when they are more likely to have chronic health conditions that require costly treatment..Remember "Flo"? In 1999 she was the blond, perky, mature lady who came onto our TV screens telling us that she was here "to tell seniors about changes that affect our medicines." She would end by saying "I don't want big government in my medicine cabinet." Flo implied that, if Medicare provided a drug benefit for seniors, it would stifle research and development of new life-saving drugs coming to market and restrict access to drugs a patient was already taking.

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Alexandria, VMore than 90 percent of older Americans are likely to be making a secret Christmas wish for the New Year, says The Senior Citizens League. "That's to make ends meet," says TSCL Chairman, Ed Cates. A national survey conducted by TSCL earlier this year found that 98 percent of Social Security recipients participating reported the annual cost-of-living adjustment had increased their Social Security benefits by less than a month in 2014, but 92 percent said their monthly expenses had increased by more than "That disparity between COLAs and rising costs is the 'Grinch that's stealing Christmas' for millions of older Americans this year," Cates says..drives up hospital and other costs for Medicare beneficiaries,.I lay my car keys on the table, put the junk mail in the trashcan under the table and notice that the can is full. … Continued

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The amount of money that the federal government owes to its creditors - including the Social Security and Medicare Trust Funds - is now estimated to be as big as the entire U.S. economy. Economists warn that the situation can't continue without causing more economic crisis..The federal government will work with the private sector and Congress to implement the recommendations and develop a strategy to create a robust and resilient pharmaceutical and active pharmaceutical ingredient supply chain, including facilitating adoption of novel methods for commercial production of pharmaceuticals and biologics..The blueprint also calls for billion in Social Security cuts, and it would fully repeal the Affordable Care Act and replace it with the House-passed American Health Care Act. That change would leave millions of older Americans not yet eligible for Medicare without health insurance coverage due to high costs. It would also impact around 11 million Medicare beneficiaries who are also enrolled in the Medicaid program many of whom are patients in costly nursing home facilities. … Continued

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