A new bill was introduced in the Senate this week that would lower costs for Americans with diabetes and other chronic diseases who have high-deductible health plans. This legislation would not affect seniors who are covered by Medicare, but it could be very helpful for seniors who are under 65 and still working and who only have high-deductible health insurance. Authored by Sens. John Thune and Tom Carper, the bill, called the Chronic Disease Management Act, would lower health care costs by allowing high-deductible health plans to provide chronic disease prevention services - including insulin for diabetes - to plan enrollees before they reach their plan deductible..[iv] Social Security Disability Insurance Trust Fund: Background and Solvency Issues, William R. Morton, November 20, 2013..Senator Richard Blumenthal introduced S. 269 on January 30, 201It has since been referred to the Committee on Finance..What do you think? If you have not already done so, please take our 2019 Senior Survey at..The average Social Security benefit today is only ,240 a month. That's only 25% above the federal poverty level. More than one -third of all recipients depend on Social Security for 90% of their retirement income..Omnibus Work Continues in Congress.President Obama's executive actions on immigration would have provided temporary work authorization to more than 4 million undocumented immigrants and with that comes controversial access to Social Security and Medicare, the Congressional Budget Office has said. That access is particularly controversial among older voters, according to surveys by TSCL..The 2020 Medicare Trustees report recently estimated that the Hospital Insurance Trust fund will become depleted in six more years - 202"But the high level of hospitalizations due to the coronavirus for seriously ill Medicare patients may shorten the life expectancy of the Medicare Trust Fund," Johnson says..However, House Appropriations Chair Hal Rogers remains optimistic and is pushing members of the committee to move quickly. He set a November 20th deadline for each subcommittee to preconference their sections of the omnibus bill. Any work that is not finished by the subcommittees this week will be handled by the leaders of the full Appropriations Committee.

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Companion, bipartisan legislation has been introduced in the Senate by Senator Kyrsten Sinema of Arizona and Senator Susan Collins of Maine. I'm incredibly thankful for their leadership on this issue in the Senate and I hope our bill is brought to a vote there soon, so it can head to the President's desk..Extremely low Social Security cost of living adjustments have significantly impacted the retirement income of almost two-thirds of all older Americans, according to a new analysis by The Senior Citizens League. "People who have been receiving Social Security benefits since 2009 - an estimated 64 percent of all beneficiaries - have been hit with the full brunt of extremely low COLAs over the past nine years," says The Senior Citizens League's Social Security policy analyst Mary Johnson. "Nine years is about one third the length of a typical retirement," Johnson points out. "Younger retirees since 2009 are also feeling the pain," she notes..The Center for Medicare and Medicaid Services continued its preparation effort for the new health care law by announcing Marilyn Tavenner as its new top official. The move comes as the organization seeks to increase insurance industry oversight amid the overhaul process. Tavenner replaces Donald M. Berwick. … Continued

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Social Security is a promise that the federal government has made to its citizens. It is a promise on which millions of Americans rely on, and one that needs to be there for them when they retire. I am proud to sponsor H.R. 141, and I look forward to continuing to work with my colleagues on both sides of the aisle in any capacity available, to ensure that we keep the promises we made to our public-sector employees..TSCL's Take.Retirees frequently say that their annual cost-of-living adjustment does not adequately keep pace with rising costs. To learn if this is the case, this study, now in its eleventh year, looks at 40 expenditures that are typical for people age 65 and up, comparing the growth in the prices of those goods and services, to the growth in COLAs. … Continued

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