Medicare Report Medicare Beneficiaries Out Of Pocket Health Care Spending As A Share Of Income Now And Projections For The FutureTSCL is delivering a letter of protest to Congressional leaders outlining the tax provisions that older Americans support for strengthening Social Security. What do you think of this proposal? Take a poll at..This week, the Senate Finance Committee voted to advance the nomination of Sylvia Mathews Burwell as the next Secretary of the Department of Health and Human Services. In addition, one subcommittee held a hearing on strengthening the Social Security program, and The Senior Citizens League saw one key bill gain support..As a result, some doctors are opting out of providing care to Medicare patients. … Continued
Services Birth Center TourThe big difference between the CPI-W used to calculate your COLA, and the CPI-E, is the weight or portion of income that the Bureau of Labor Statistics gives to each category. While seniors occasionally benefit from the heavier weighting of transportation costs and food costs under the CPI-W when food and gasoline prices spike, in the majority of years they fall behind due to the lower weighting of medical care..The public frequently confuses the two programs. Like Social Security, people become eligible for Medicare based on payroll tax withholdings from their earnings. Eligibility for Medicaid is based on low income. Medicaid is a combined state and federal program, in which the federal government pays roughly 60% of program costs for all whose income is low enough to qualify under current law. The new House law would end the open ended nature of funding and cap per person costs, adjusting reimbursements for inflation using the consumer price index..Thousands of prescriptions are abandoned at pharmacies each year, often due to high prices. There are several things you can do to bring that cost down to a more manageable level. … Continued
