Those participating in The Senior Citizens League's annual senior survey, which is still being conducted, confirm that monthly household expenses made steep increases over the past year, far in excess of the dollar amount that their COLAs increased benefits. The 2.8 percent COLA raised the average Social Security benefit of ,400 by about per month this year. Yet more than 78 percent of survey participants report that their household spending rose by more than .00 per month in 201"When costs climb more rapidly than benefits, retirees must spend down retirement savings more quickly than expected, and those without savings or other retirement income are either going into debt, or going without," Johnson says..In the meantime, to comply with the new health law, people need to continue to maintain health insurance or pay a fine, because the individual mandate is still in place. And unless Congress acts to repeal Obamacare in its entirety, insurers will still be required to provide coverage despite pre-existing conditions. The big question remains, however, how millions of people will be able to afford Obabmacare coverage if no subsidies are available..By U.S. Representative Abigail Spanberger.TSCL Supports New Legislation.To learn how much COLA cuts would cost you, try TSCL's Chained COLA calculator..Patients and their families want to know if the medication will help slow the progression of cognitive decline, especially in view of the serious side effects it can cause, but doctors have no definitive answer yet. The rate and progression of cognitive decline varies widely among people who have started experiencing memory and thinking problems. Thus, it is difficult to quantify how much of a difference the drug would make for a given patient..The Velcro effect of anchoring can influence far more consequential decisions, in ways we may not even realize. Consider the process of determining the "right" retirement age:.An untested federal and state Medicare and Medicaid demonstration program is raising concerns that it affects too many low–income seniors, and is growing too fast. Enrollment has far exceeded early expectations and both provider, and advocacy groups are warning that its size would be hard to unwind if the demonstration fails to provide quality services and access to medically necessary services..Yet incredibly, despite the grim statistics, members of both parties are seeking common ground on deficit reduction, and COLAs remain the target of cuts. TSCL is fighting back and plans to deliver thousands of petitions protesting the cuts later this year.

Courage St Croix Helps Hudson Man Manage Chronic Pain

Then, when I try to figure out why nothing got done today I'm really baffled because I know I was busy all day, and I'm really tired..At a prescription drug forum in Central Virginia in November 2019, I heard from seniors who share these feelings. They're tired of seeing their drug costs rising. They're tired of having no way to understand why these prices continue to spike, and they're tired of lawmakers who refuse to act on an issue that impacts millions of seniors and families across our country each day..In addition, the legislation froze the income thresholds at which the higher premiums are triggered so more seniors will have to pay the higher premiums as incomes gradually grow over time. TSCL's Legislative Assistant, Mike Watson, estimates that "individual seniors who made between ,000 and ,000 in 2010 could be subjected to the 'means test' in 2019, because of the frozen income thresholds. In addition, if the income thresholds for the 'means test' were allowed to increase, they would rise to about 0,500 to 1,800 in 2019." … Continued

Policy Watch Mental Illness May Soon Be Most Common Pre Existing Conditions

Highlights of this week in Congress include: fallout from the Super Committee's indecision; leadership changes at the Center for Medicare and Medicaid Services; and a new co-sponsor added to a key bill..Between January of 2000 and January of 2020, Social Security COLAs increased benefits by 53 percent, but the cost of goods and services purchased by typical retirees rose by almost twice as much - 99.3 percent. Medicare premiums and out-of-pocket costs, housing, and homeowner's insurance were among the most rapidly - rising costs over the past year..Here is why we say that. … Continued

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