"We continue to see this as a critical public health tool," CDC Director Robert Redfield said. Responding to questions about large public gathers of unmasked people, he stated that, "obviously we're very concerned that our public health message isn't resonating.".This week, The Senior Citizens League released its annual "Loss of Buying Power" study, which found that Social Security benefits have lost 34 percent of their purchasing power since 2000. In addition, lawmakers in the House and Senate left Washington for the holiday recess..If you are under age 65 and uninsured, be sure to claim the correct income if you purchase health insurance through or a state health insurance exchange. When you purchase health insurance through the federal or a state health insurance exchange, you may qualify for a subsidy that helps lower the costs of your premiums. In reality that subsidy is an advance tax credit based on income. If you received a subsidy in 2014, and your income is higher than you estimated, you could wind up having to pay some or even all of it back at tax time. If your income has gone up, contact or your state insurance exchange to update your information. Coverage for 2014 ends December 31, 201Open enrollment for 2015 is now underway and runs through February 15, 2015..The Congressional Budget Office recently released its fall economic and budget update which estimates that due to the COVID-19 pandemic, Medicare outlays will grow 12% over 2020, double the rate what was forecast in April. If that estimate proves to be the case, that suggests the Part B premium increase could be twice as high as the earlier forecast - about .40 per month..Fastest Growing Costs of Older Households Since Beginning of 2021.With medical costs and prescription drug prices rising higher than ever before, seniors living on fixed incomes are struggling to keep up and can no longer afford to be short-changed by the Social Security COLA. At Wednesday's press conference, Congressman Garamendi said: "Today - March 1st - we declare that something can be done.".House Appropriations Committee Chair Hal Rogers has said he hopes to wrap up negotiations on policy riders by the end of Friday, so that a final version can be brought to the House floor early next week. He said, "My goal is Monday to be able to file the bill, to start the clock.".TSCL will keep a close eye on the fiscal 2016 budget resolution as it moves through the Senate in the coming days, and we will continue to voice our concerns about cuts to the Medicare program that would result in higher costs for beneficiaries. For updates on its movement, visit our new Facebook page..Gradually, over 20 years, raise the Social Security payroll tax rate that workers and employers each pay from 6.2% of earnings to 7.2%. A worker earning ,000 a year would pay about 50 cents a week more each year, matched by the employer.

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Congress May Consider Ending Two Provisions That Reduce Social Security Benefits of Public Employees.If you're like most Medicare beneficiaries, you rarely make changes to your health or drug plans, but this is one of the biggest financial mistakes you can make in retirement. Insurers make numerous changes to drug and health plans that increase your out–of–pocket costs every year. Your health changes, and the plans that once were your best deal, may be full of high cost surprises now. Every year new plans, even new plans offered by your current insurer, compete for your business by offering similar or better coverage, for lower costs. Comparing your Medicare plan coverage every year and making changes when it's in your best interest, is one of the most important financial habits to get into..Improving the disability program's integrity by prohibiting the use of medical evidence from health providers who have been convicted of a felony, when deciding whether an applicant qualifies for benefits. This would make it more difficult for criminals to game the system. … Continued

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What executive actions did the President announce?.According to a report in BGov News, "… younger seniors have shown a greater appetite for vaccines than their older peers. Initially, the opposite was true, as governments sent inoculation teams into nursing homes and assisted-living facilities. Recently, the numbers have flipped, adding support to the idea that some elderly residents -- especially those outside structured-living arrangements -- are simply having trouble navigating the system.".In the report released on Wednesday, the trustees estimated that Medicare beneficiaries will see a Part B premium increase of nearly per month next year, from 1.80 to However, due to the hold harmless provision, most beneficiaries will continue paying a monthly premium of 4.90. That's because experts are projecting another record-low Social Security cost-of-living adjustment for 201The trustees estimated that a 0.2 percent COLA will be paid next year, which would amount to a mere per month benefit increase for someone receiving a ,000 monthly check. … Continued

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