Support Grows for CPI-E Act.But we all must face the reality that unless we continue the safety measures of masks and handwashing, this will get worse..SSA Announces Record-Low Social Security Increase.But in the meantime, beware of scams and identity theft attempts. Scammers are taking advantage of the confusion created by the transition, and reports of Medicare card scams are rampant. The two most important things to know: Medicare will not call or contact you for "information about your account," and the new card will not cost you anything..The Social Security trustees now anticipate that when the old age and survivor fund runs out of money in 2034, it will be able to pay only 76% of the retirement and survivor benefits otherwise due to recipients..Figure in inflation: When calculating a long-term budget, consider that Medicare Part B premiums grew by almost 9% per year over the past 15 years. Medicare Advantage premiums have grown somewhat more slowly, but on-going program changes make it important to compare your health plan with other options during the Medicare's Open Enrollment period..The agency said its review confirmed the accuracy of the death count for the coronavirus..According to a recent nation-wide survey conducted by The Senior Citizens League, almost one-third of older taxpayers, 30 percent, say they itemize deductions for healthcare costs, and about 56 percent say that a portion of their Social Security benefits are taxable. "Taxpayers who may be postponing needed medical or dental services, getting glasses, or filling expensive prescriptions may want to consider doing so before the end of the year, in order to maximum the medical expense deduction in 2018," Johnson says..Medicare Part B premiums jumped .10 per month in 2020 - one of the biggest increases in recent years. While the Social Security cost-of-living adjustment increased benefits by 1.6 percent in 2020, Medicare Part B premiums climbed 6.7 percent, more.

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Ask for an adjustment and get your money back. To establish the appropriate charge for your mother's 2011 prescriptions, you will need to ensure that your mother's 2011 drug card information is correctly entered in the pharmacy's system. You will also want to have the following documents on hand:.On Monday, a group of three Senators Amy Klobuchar, John McCain, and Chuck Grassley sent a letter to the White House urging the administration to utilize its executive power to reduce prescription drug costs..Following the Senate HELP Committee hearing, the House Energy and Commerce Subcommittee on Health met on February 28th to discuss how law enforcement and opioid addiction specialists can help combat the epidemic in their communities. Chairman Michael Burgess highlighted several promising bills that could help put a stop to the epidemic. Once such example is H.R. 5041, the Safe Disposal of Unused Medication Act, which would allow hospice workers to dispose of extra opioid medication an action they are currently prohibited from doing. … Continued

Health Reform Press Release Study Finds Recent Slowdown In Health Spending Growth Mostly Tied To The Economy

The so-called "cromnibus," as many on Capitol Hill are calling it, seems to be a compromise that most lawmakers will be able to accept. However, some have been outspoken about their opposition since it does not include a policy rider that would explicitly prohibit the funding of the President's executive orders. Sen. Ted Cruz, stated this week: "Congress should stand up and use the power of the purse to say we will fund the operation of the government but we will not allocate taxpayer dollars to lawless and illegal amnesty.".Almost 70 percent of beneficiaries depend on Social Security for 50 percent or more of their income. Social Security is the sole source of income for 15 percent of beneficiaries..Drug Legislation Running Out of Time as Part D Costs Set to Soar … Continued

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