serious or whether it's just a "natural part of growing older," which in any.This week, lawmakers in the Senate voted on three health reform bills that would have repealed and replaced parts of the ACA if enacted. All three of the bills the Better Care Reconciliation Act, the Obamacare Repeal and Reconciliation Act, and the Health Care Freedom Act better known as the "skinny repeal" bill failed to win passage on the Senate floor..On Monday, the White House held its Conference on Aging, which occurs once every decade with the purpose of discussing and advancing initiatives that will improve the lives of older Americans. Several members of the Obama Administration were present at Monday's event, and President Obama himself gave remarks on the challenges facing seniors today..The survey found that a person having the national average Social Security benefit in 2000 - 6 per month - would have ,169.80 per month by 2016 due to COLA increases. However, because retiree costs are rising at a substantially faster pace than the COLA, that individual would require a Social Security benefit of ,517.80 per month in 2017 just to maintain his or her 2000 level of buying power..The bill calls for an "average" COLA increase, which according to our calculations would equal about 3%. For retirees with an average monthly benefit of ,153 in 2009, that would be an increase of .60 per month - an additional 5.20 in 200TSCL believes that could offset rising Medicare Part B and Part D premium increases for almost every senior, and may help offset some other out-of-pocket health care cost increases as well..This week, two congressional committees held hearings on issues affecting older Americans, and The Senior Citizens League saw support grow for four key bills in the House and Senate..How can we strengthen Social Security's financing structure? Take TSCL's 2020 Senior Survey and let us know what you think about some of the leading proposals and thank you for your participation..In addition, the plans in his orders all have limitations. For example, the rebate order comes with a caveat that any plan cannot increase seniors' premiums, the unworkable problem that led the administration to kill its original rebate rule last year..Social Security For Dummies, Jonathan Peterson, October 2017.

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"Americans Make Hard Choices on Social Security: A Survey With Trade-Off Analysis," National Academy of Social Insurance, October 2014..Nearly 20% of participants in TSCL's Senior Survey say they spent ,100 or more out-of-pocket on prescription drugs in 201And, as we age, all of us face the grim potential that a new health problem could increase our spending on prescription drugs to this level. Doing nothing to lower drug prices for Medicare beneficiaries is not a good option..Surveys show a majority of Americans would like to see an increase in the Social Security payroll tax, but a new tax reform proposal would eliminate the 12.4 percent payroll tax altogether. This would end Social Security as we know it and transform it into a welfare program for older Americans. Do you support this drastic new proposal? … Continued

Report Section Kff Health Tracking Poll June 2020 Methodology

A recent report by the Office of Inspector General of the Department of Health and Human Services has also found that high price drugs are affecting federal spending on drugs and increasing federal payments for Medicare Part D catastrophic coverage. Once people hit the catastrophic level of Part D coverage, beneficiaries pay a 5% coinsurance for drugs while the Federal Government pays the vast majority of the remaining costs. But there is no limit. The Inspector General's report said that federal payments for catastrophic coverage in 2015 exceeded .2 billion in 2015, which is more than triple the amount paid in 20Incredibly, only ten high-priced drugs accounted for nearly one-third of all drug spending in catastrophic coverage in 2015..House leaders and a bipartisan group of 40 senators recently sent a letters to President Obama, and Medicare's Administrator, Marilyn Tavenner, expressing serious concerns about the impact of Obamacare cuts. "These cuts, in addition to proposed rules issued by CMS, will force millions of American seniors to face higher health care costs or lose access to their doctor, health plan, lifesaving drugs, and the benefits they've come to rely on," House leaders wrote. The Senate letter stated, "We urge you to maintain payment levels that will allow MA beneficiaries to be protected from disruptive changes in 2015.".Two Key Bills Gain Support … Continued

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