The following reflects the views of the writer and are not necessarily those of The Senior Citizens League..If your employer has less than 20 employers, beware. By law Medicare is the "first payer" of health insurance policies of small companies. This means you and your wife will need to enroll in Medicare in order for your healthcare claims to be covered. If you work for a company with less than 20 employees and try to file a claim, your insurer can deny it because Medicare is supposed to pay since you are Medicare-eligible. Because you and your wife are over 65, the government considers you Medicare-eligible, whether you have enrolled or not..Despite receiving the largest Social Security cost of living adjustment in five years, the majority of retired and disabled beneficiaries will not see any increase in their net Social Security benefits in January, warns The Senior Citizens League. A big jump in Medicare Part B premiums is to blame. The Centers for Medicare and Medicaid Services recently announced that the Medicare Part B premium will be 4 for next year. That's the same amount that the Part B premium is today, but tens of millions of Medicare beneficiaries are paying less than that this year. Millions of beneficiaries pay roughly less - and their annual COLA may not be enough to cover the difference..This week, the Social Security and Medicare Trustees released their annual reports on the state of the trust funds, and one key bill gained critical support..Providers couldn't send patients a balance bill for any amounts that exceed the cost-sharing requirement in those scenarios..Even though the rate of inflation is dropping, a proposal that would switch to a more slowly-growing CPI to calculate COLA continues to be pushed by proponents on both sides. The Congressional Budget Office has estimated that the "chained" CPI would reduce the federal budget deficit by more than 0 billion in the first ten years. It would do so by cutting the growth in a host of federal benefit programs, including military retirement in addition to Social Security, as well as increasing revenues if used to index the tax code..The Internal Revenue Service interpreted the law to allow eligible consumers to receive premium subsidies regardless of whether the exchange was run by their state or by the federal government. Challengers of the law question that interpretation, saying that the law as written clearly directs subsidies to state-run exchanges only. Health law proponents say that lawmakers fully intended that subsidies be offered on all exchanges, regardless of whether they were administered by the states or federal government..I decide to go through the mail before I wash the car..Mortgage rates and home costs have been at historic lows in 2012, but buying or selling a home is complicated for anyone - and seniors have special issues. Depending on your financial situation and needs, here are some points to consider:

With Health Grant Shakopee Women Kick Off Esperanza Latina Soccer League

Sole source drugs. The companies with monopoly pricing power acquire sole - source drugs for which there is only one manufacturer, and therefore face no immediate competition..Several controversial policy riders are currently acting as hurdles in the discussions. Many are pushing to revive expired tax breaks for businesses, while some are hoping to put an end to restrictions that ban the exportation of crude oil. Other potential riders include changes to the Dodd-Frank financial regulation law, new research on gun violence, and an extension of health benefits for 9/11 first responders..Such a minimum guarantee would go a long way to protect beneficiaries in years when there is no COLA. Had such a 3% minimum COLA guarantee been in effect since 2009, the average benefit of ,075 in 2009 would be 5 per month/ ,580 year higher today - about 18%. A minimum COLA would also eliminate the problem of benefits remaining flat for years, at a time during periods when Medicare Part B premiums increase more than the COLA raises benefits. … Continued

Medicaid Issue Brief New Incentive For States To Adopt The Aca Medicaid Expansion Implications For State Spending View Footnotes

Based on projections by the Trustees, Medicare Part B premiums will likely increase by around .80 next year, so the typical beneficiary will pay 4.30 per month, up from 5.50 in 201The Senior Citizens League is currently predicting a 2020 Social Security cost-of-living adjustment of around 1.2 percent, based on Consumer Price Index data through March. If those estimates are correct, most Social Security beneficiaries will see very modest increases in their net Social Security benefits next year after Medicare Part B premiums are deducted..Finally, some Good News.benefits. We're living longer, and Social Security benefits alone, even with … Continued

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