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..Rushed or pressured to sign papers. Is the salesman or dealer herding you into an office and telling you to sign now or lose your deal? That's a sure sign it's a deal worth missing..Despite the slowing of the CPI, earlier this year, Medicare actuaries estimated that the base Part B premium paid by most seniors will climb about 8%, from .90 per month to 9.10, starting next January..Sound like we're headed for a vicious cycle? The sheer paralysis that lawmakers have contended with in responding to our current sluggish economy over the past two years is an early warning that we are nearing the edge. Even so there are still some who brush off anxiety over Social Security's financing by saying "Social Security is an easy fix.".policy for decades, look for an insurer that gets top ratings from companies.Check community health centers or senior services department. Low - cost dental services may be available to low-income people age 62 and up, but services may be limited and there may be long waiting lists. To learn more, check with your area agency on aging to learn if there are programs near you..Sen. Bernie Sanders introduced S. 2023 on September 10, 201It has since been referred to the Committee on Finance..The COVID crisis really brought to life the challenges of way Medicare currently pays doctors. Thankfully, despite these challenges, the number of doctors choosing to opt out of Medicare has been on the decline, according to data from CMS..First, the Social Security 2100 Act gained one new cosponsor in Representative Diana DeGette, bringing the cosponsor total to 17If signed into law, H.R. 1902 would strengthen Social Security benefits by make cost-of-living adjustments more adequate, increasing monthly benefits by 2%, creating a new Special Minimum Benefit equal to 125% of the poverty line, providing a tax cut to Social Security beneficiaries, applying the payroll tax to annual income over 0,000, and gradually increasing the payroll tax rate by 0.25%.

State Legislatures Magazine First Branch News Legislative Headlines Week Of Aug 16 2021 Magazine2021

Better access to quality, cheaper generic prescription drugs will provide real relief for many seniors and their families. With building bipartisan support, I'm very hopeful we can push this important reform through Congress..Based on your current age, your full retirement age is 6That's the age when you can retire and receive the full, unreduced amount of your benefits. If you start benefits at age 64 your benefit will be reduced 20%. For example if you are eligible for ,200 at age 66 you would only receive 0 per month at age 64..Does Medicare provide coverage for eye care services or eyeglasses? … Continued

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New legislation retroactively extends several tax breaks that affect the amount you may deduct in unreimbursed medical expenses. The lower threshold for itemized medical expense deduction was one of the breaks extended. The threshold under the 2017 tax law was originally scheduled to rise from the excess of 7.5% of adjusted gross income to 10% of AGI for the 2019 tax year. But new legislation extended the 7.5% AGI level..As we all know, senior citizens are the most likely to be hospitalized or die from the Covid-19 virus -- by a wide margin..Drug Discount Card May be Illegal … Continued

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