The White House budget released earlier this year proposes to establish an out-of-pocket limit to the Part D benefit by phasing down beneficiary co-insurance in the catastrophic coverage phase of the benefit from 5 percent to no-cost sharing over four years, beginning in 201While this is better than nothing, the proposals make other changes shifting significant costs to Part D plans which would likely be passed on to consumers in higher premium costs and higher drug costs for the sickest people who hit the pre-catastrophic Part D gap. One analyst has estimated those costs would average ,000. In addition, there is no proposal at all that would allow Medicare to negotiate drug prices..As originally introduced, the bill tied all income taxes paid on Social Security benefits to the Social Security Trust Fund, and none to the Medicare Trust Fund. Instead, the bill specified that revenues destined for the Medicare Trust Fund would come from general revenues, in an amount equal to those that the trust fund was otherwise estimated to receive from the taxation of Social Security benefits..Medicare drug plan finder at..According to the Congressional Research Service, for an age 65 retiree with average wages, a maximum benefit disparity of 10% would have arisen between the highest benefit under the old rules and the lowest benefit under the new rules if the 1977 assumptions had materialized. Under the economic conditions that actually arose, the disparity was 25%-two and one half times greater..Article I of the United States Bill of Rights guarantees citizens the right to petition the government for "redress" of grievances. Individuals build greater political clout when they join forces with other like-minded activists to press for change. Time is running out for Notch Babies. TSCL members and their families, friends, and supporters will not allow the Notch Issue to quietly die away, but will continue to press for compensating those born during the Notch period as long as they set that as their number one legislative goal..After more than a decade of failed attempts to repeal and replace the sustainable growth rate the flawed formula that sets payment rates for doctors who treat Medicare patients Congress has finally succeeded in passing legislation to do away with it once and for all. In April, lawmakers in both the House and the Senate adopted a bipartisan bill that will permanently repeal the SGR, provide doctors with modest 0.5 percent payment updates over the next five years, and incentivize payment models that reward the coordination of medical care..This is exactly the wrong approach. Social Security is about economics, but it is also about our values. It's about who we are as a people, and what kind of country we are determined to build. Every person who represents you in Washington should be talking about protecting and expanding Social Security not cutting it..Call Congress.Medicare costs often consume up to half of your Social Security benefit. In a recent TSCL survey, 48% of respondents said they spent 11% to 33% of their Social Security benefits on healthcare in 201Another 25% said they spent from 34% to 50% of their Social Security on healthcare.

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According to a March analysis of an earlier version of the bill by the CBO, the legislation would restructure Medicaid safety net by capping costs. "This would have a profound impact on low-income Medicare beneficiaries," Johnson says. About 1 in 5 people on Medicare, 11 million beneficiaries in all, have incomes so low that they qualify for Medicaid, according to the nonpartisan Kaiser Family Foundation..For more tips like these to save on your Medicare costs and to maximize your Social Security benefits, sign up for The Senior Citizens League's Social Security & Medicare Advisor newsletter here or call for more information..The difference in drug prices between the two programs is due to two reasons. Under Medicare Part D, the government isn't negotiating drug costs on behalf of beneficiaries, and Part D has no cap on out-of-pocket spending for prescription drugs. The lack of a cap acts as a perverse incentive for drug makers and drug plans to get beneficiaries to use the most expensive drugs, because Medicare reimburses drug plans 80% of the cost in the final catastrophic phase of coverage. The higher the cost of the drug, the more drug plans receive from Medicare. Medicare patients who rely on such medications could owe thousands of dollars out-of-pocket every year for a single drug, even when their Part D plan covers the drug. … Continued

Report Section Factors Associated With Covid 19 Cases And Deaths In Long Term Care Facilities Findings From A Literature Review Appendix

CMS Administrator Seema Verma also said that CMS is working to guarantee a free vaccine for Medicaid and private insurance members as well..As we look to the start of the 117th Congress, my commitment to seniors and workers is to fully support Social Security and Medicare and to oppose cuts to these vital programs. We have many challenges ahead of us. We must keep the economy moving and growing again as we fight coronavirus. Government spending must get under control. And we must ensure Social Security and Medicare works for today's seniors and future generations. There are ways to do both!.It's always heartbreaking to hear firsthand about how fraudsters and scammers have gone after your hard-earned savings. No senior should ever have to worry that picking up the phone could mean being scammed out of thousands of dollars. … Continued

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