Care Tips For Parenting ToddlersWe are closely watching how the foreign drug index would be structured and evaluating how prices would be adjusted. We are highly concerned that a greater portion of the high cost of these drugs that are administered in doctors offices and clinics could wind up getting shifted to Medicare patients either in the form of higher co-pays and co-insurance, or higher premiums..This week, one new cosponsor Rep. David Valadao signed on to Rep. John Duncan's CPI for Seniors Act. The cosponsor total is now at six. If signed into law, H.R. 2154 would create a new consumer price index specifically for senior citizens for the purpose of establishing a more accurate Social Security cost-of-living adjustment. Currently, COLAs are based upon the way young, urban workers spend their money, using the CPI-W. However, seniors spend a disproportionate share of their income on healthcare, and the CPI-W fails to capture that. Each year, it underestimates the spending inflation that seniors experience. TSCL enthusiastically supports the CPI for Seniors Act, and we were pleased to see one new cosponsor sign on this week..You can use the Social Security Administration's earnings test calculator to see how earnings could affect your benefit payments. … Continued
Patient Education Helping Your Heart Healthy Living AlcoholSince it was first signed into law over 75 years ago, Social Security has kept tens of millions of senior citizens and disabled Americans of all ages out of poverty and ensured that they could live dignified and independent lives. I believe that the COLA is an essential part of Social Security that must be calculated accurately. That is why I have fought to protect seniors by introducing the Consumer Price Index for Elderly Consumers Act in successive Congresses. This bill would give our seniors a Social Security COLA that actually reflects their cost of living..If adopted, H.R. 2787 would mandate the monthly formulation and publication of a consumer price index specifically for senior citizens for the purpose of establishing an accurate Social Security COLA for beneficiaries..Here are some tips to help you budget: … Continued
