Could the annual Social Security cost-of-living adjustment be more fairly adjusted to provide a fixed annual dollar amount? If the dollar amount of the increase were to be based on middle income, then low- and middle-income beneficiaries would be on more equal footing, and higher income beneficiaries would not be hurt any worse than we typically are anyway like this year with a 1.3% COLA!.benefits. We're living longer, and Social Security benefits alone, even with.The fraudsters enlist unscrupulous doctors to approve the test and the doctor receives a kick back from the recruiting company for each prescription. Medicare receives a bill that can range from ,000 to ,000. Victims have later reported that they did not even know the doctor who prescribed the test. Law officials warn that health fairs, senior centers and even church events are magnets for the scam, where recruiters take cheek swabs for genetic testing and collect Medicare numbers..The adjuvanted flu vaccine is made with MF59 adjuvant, an additive that can create a stronger immune response to vaccination. In a recent review of multiple vaccine trials, older adults who received a MF59-adjuvated vaccine had a significantly higher immune response than those who received a standard flu vaccine, The adjuvanted vaccine was available for the first time in the United States during the 2016-2017 flu season. Learn more about adjuvanted flu vaccine here..Congressional Recess Continues."Americans' Financial Worries Edge Up In 2016," Gallup, April 201"You Might Need Nearly 0,000 To Pay Health-Care Costs In Retirement," Robert Powell, Market Watch, February 6, 2017..A new report suggests that "product hopping" - a practice by drug companies to extend their patents on profitable drugs - costs American consumers and the U.S. health care system billions of dollars each year..In March, TSCL delivered letters to several leaders in Congress including Senate Majority Leader Mitch McConnell, House Speaker Paul Ryan, and House Freedom Caucus Chairman Mark Meadows requesting their immediate action on the looming debt ceiling crisis. Art Cooper, the Chairman of TSCL's Board of Trustees, wrote: "Our supporters nation-wide hope you will act swiftly and responsibly to avert delays in Social Security benefits and payments to Medicare providers, and they will not tolerate additional cuts to their earned Social Security benefits."."'The risks are known. The benefits are still in question,'" said Zaldy Tan, a neurologist and medical director of the Center for Alzheimer's and Memory Disorders at Cedars-Sinai in Los Angeles. "
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Last year, the Social Security Trust Fund fell into deficit, paying out more than received in revenues for the first time since 198The new incoming Congress will undoubtedly consider long-term proposals that would cut Social Security benefits. But at the same time, Totalization with Mexico would add potentially millions of new beneficiaries to the rolls - beneficiaries whose checks are based, at least in part, on illegal work..TSCL is urging older Americans to fight back. "We encourage you to send email, postcards, or call Members of Congress to let them know that COLA cuts are not to be used to finance a border wall with Mexico, or as a bargaining chip for reducing the federal debt," says TSCL Executive Director, Shannon Benton..Talk to your doctor about the best schedule to resume routine or elective care. Be realistic. The above Medicare bulletin continues to recommend that people age 65 and over stay home when possible, continue to social distance by standing at least 6 feet away, wear a face mask, and keep washing hands! Stay safe. … Continued
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In fact, the fastest growing cost for seniors Medicare Part B premiums is not accounted for at all in the CPI-W since young workers are not enrolled in the Medicare program. Since 2000, Medicare Part B premiums have increased by 195 percent and prescription drug spending has increased by 184 percent. However, COLAs have increased Social Security benefits by just 43 percent since 2000..Democrats want to be able to pass President Biden's economic stimulus/COVID-19 relief bill, but it is highly unlikely they could get 10 Republicans to vote for the bill..Medicare Part B premiums jumped .10 per month in 2020 - one of the biggest increases in recent years. While the Social Security cost-of-living adjustment increased benefits by 1.6 percent in 2020, Medicare Part B premiums climbed 6.7 percent, more than four times faster. A jump of this size can put older household budgets into a bind, forcing retirees to go without essentials when they run short before their next Social Security check. … Continued