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..Senate Confirms New CMS Administrator.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..Supreme Court: Mandate Penalty is Tax, Jeanne Sahadi, CNN Money, June 28, 2012..Whether or not appropriators will successfully negotiate an omnibus spending bill before December 11th remains to be seen. If Congress fails to reach an agreement, the federal government will shut down, and Social Security beneficiaries could see delays in their monthly benefit checks. In addition, doctors who treat Medicare patients and other medical providers could experience delayed reimbursements from the government..When Your Doctor no longer takes Medicare.If you are still in the retirement planning stage it's well worth the time and effort to learn all that you can about your retirement options, how much you should be saving, and what programs might be available to help you do a better job of planning your retirement. Check your community resources for retirement information, like workshops at local senior centers, libraries and community colleges, before making any decision about when to start benefits..Social Security checks in 2020 are almost 20 percent lower than they otherwise would be, due to the long term impact of extremely low annual inflation adjustments, according to a new analysis from The Senior Citizens League. This analysis comes as the Social Security Administration announced today that the 2021 cost of - living adjustment COLA will be just 1.3 percent, making it one of the lowest ever paid..While some patients may have used video conferencing or telephone calls with their doctors during the coronavirus shut down, at some point a physical exam and lab work usually is needed.

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Leaders in Congress seem optimistic that they will reach a deal in the coming days. In a brief with the Republican Conference on Thursday morning, House Speaker Paul Ryan said, "I believe we will successfully complete the negotiations. We're not going to rush it. We're going to get it right.".The big concern is that per capita caps and block grants won't keep pace with the real growth in costs in state Medicaid programs - especially since the reimbursements formulas would be tied to the rise in inflation. Actual medical costs are expected to grow several times faster than reimbursements. States could be forced to reduce spending on older people and younger disabled adults, who account for a disproportionately large share of Medicaid spending. States could tighten eligibility, reduce non-mandatory benefits like your home caregiving program, and nursing home reimbursements, or otherwise ration care..TSCL is especially concerned about how seniors and their families would be informed about the change of health plans. Dual eligible seniors are more likely to have cognitive challenges, and their family caregivers may not understand that a transition to a new health plan is taking place, or how to navigate the changes. TSCL is particularly concerned that seniors may not be able to keep their former doctors and other healthcare providers if those providers don't participate under the new plans. If so, this raises the potential for unintended and uncovered costs, if seniors unwittingly continue to see their former doctor or present the wrong health plan card when visiting providers. … Continued

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Finally, there is little support for the tax cut among senior citizens. The findings of TSCL's 2012 Senior Survey have indicated that nearly fifty–six percent of seniors disagree with the use of the payroll tax cut as a means to stimulate the economy. Among those surveyed, only twenty-five percent said they agree with the use of the tax holiday..Premium subsidies are based in part on the premiums for a current benchmark plan in the area where you live. More plans are joining the market and there will be new bids for 2015, so the benchmark in many areas will change..Senator Bernie Sanders introduced S. 99 on January 10, 201It has since been referred to the Committee on Finance. … Continued

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