Medicare Part A pays for hospital in-patient care, as well as short term stays in skilled nursing facilities, home health and hospice services, in addition to covering a portion of payments paid to private insurers for the care of Medicare Advantage enrollees. It's funded through payroll taxes of 2.9% on earnings, with workers and employers each paying 1.45%. Workers pay Medicare taxes on all earnings. There is no wage limit subject to Medicare taxes as there is for Social Security..Yes: 13%.Again, thank you for participating in the legislative process by signing the petition. It is my hope that you will continue to keep me apprised of your interest in issues important to you as my colleagues and I continue our work during this 113th Congress.This week, The Senior Citizens League announced its support for the Seniors Have Eyes, Ears, and Teeth Act, which was recently introduced by Representative Lucille Roybal-Allard with the support of seventy-eight original House cosponsors..Despite opposition to the AHCA from many in Washington including TSCL the House Budget Committee advanced the bill on Thursday with a vote of 19-1It now moves to the House Rules Committee, and leaders in Congress are predicting votes on the House floor could occur as early as next week. In the Senate, votes are expected before the holiday recess begins on April 7th..On behalf of the Board of Trustees and all TSCL members, we would like to send a hearty "thank-you," to the Members of Congress and their staff for meeting with us..If signed into law, the CPI-E Act would amend the Social Security Act with regard to annual cost-of-living adjustments for Social Security and Medicare benefits. Currently, the COLA is based upon the spending patterns of young, urban workers, but Rep. DeFazio's bill would require that COLAs be based upon the way seniors spend their money. The COLA that seniors currently receive does not accurately reflect how they must spend their money, and TSCL estimates that a senior who retired with average benefits in 1984 would have received ,723.16 more through 2011 had the CPI-E been used. We are very supportive of Rep. DeFazio's bill, and we were pleased to see one new cosponsor sign on this week..Major Findings.Today millions of older women are depending on insufficient Social Security benefits to get them through a retirement that can stretch up to 30 years. Low benefits mean people have to spend more of their retirement savings at a faster pace than anticipated.

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Your marriage lasted for 10 years or more, and your ex-spouse is entitled to Social Security benefits;.More than two-thirds of medical practices report that 2019 Medicare payments will not cover the cost of delivering care to beneficiaries according to one poll..On Tuesday, just hours before a 21 percent pay cut for physicians was set to take effect, the Senate approved legislation to repeal and replace the SGR the flawed formula that determines reimbursement rates for doctors who treat Medicare patients. The bill, which was passed by the House two weeks ago, was adopted on Tuesday with a vote of 92-Shortly thereafter, President Obama released a statement saying that he "will be proud to sign it into law." … Continued

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The House Democratic bill would allow Medicare to negotiate drug prices, and then force drug companies to lower the prices they charge private insurers or impose huge fines on the companies. Pelosi said she wants it to be part of a special budget bill that can pass the Senate without Republican support since it is immune from the filibuster.."For this group of Medicare beneficiaries, this will also be the largest Medicare Part B increase in five years after premiums remained relatively flat since 2013," says Mary Johnson, a Social Security and Medicare Policy Analyst for The Senior Citizens League. The jump in premiums is due to a special provision of law known as "hold harmless," which protected millions of Social Security recipients from reductions to their Social Security benefits in 2016 and 2017, when then the annual - cost - of - living adjustments were zero and just 0.3 percent, respectively..Last fall, Republican candidates made a lot of campaign promises: to create more jobs, to roll back federal regulations and to increase energy production. But you didn't see any bumper stickers or yard signs promising to gut Social Security. Yet, the first thing House Republicans did in the new session of Congress was to quietly change a rule that could force cuts in Social Security benefits for millions of Americans by the end of next year. By turning a simple procedural tool into a "doomsday" scenario, House Republicans want to manufacture a crisis in order to justify cuts and to move toward their goal of Social Security privatization, a long-time goal of Wall Street and right - wing think tanks. … Continued

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