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As we continue recovering from the Covid 19 pandemic, TSCL remains constant in our fight for you to protect your Social Security, Medicare, and Medicaid benefits. We've had to make some adjustments in the way we carry on our work, but we have not, and will not stop our work on your behalf..A report released by the House Oversight Committee last week said that from 2016 to 2020, the 14 top drug companies spent 7 billion on stock buybacks and dividends. That is some billion more than the amount spent on research and development, the report said..Larry holds a Bachelor of Arts degree in Social Studies from Minnesota State University, Mankato, Minn. In addition, he completed all course work in the Church-State Studies graduate program at Baylor University, Waco, Texas. He has also taken graduate course work at the George Washington University in Washington, D.C..The estimated depletion date for the Medicare Part A trust fund is 202At that time, program income will be sufficient to pay 90% of total scheduled benefits. The Part B trust fund is financed differently, with premiums and general revenue funding changing each year to reflect projected spending, so Part B is expected to be adequately financed "for the next 10 years and beyond.".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..Under growing pressure to reduce the federal deficit, the prospect of major Social Security and Medicare cuts is the greatest it's been in almost three decades. The recent debt limit deal calls for a bipartisan committee that has until Thanksgiving to come up with a plan to cut the deficit by .2 trillion. TSCL believes that the committee would very likely include a change to a more slowly growing consumer price index that would cut annual-cost-of-living adjustments. There are also proposals that would require seniors to pay a bigger portion of their Medicare costs..Despite the fact that so much urgently needs to be done, it is disturbing that the Senate plans to be out for at least 13 of the 34 weeks between now and the election..The CBO option would change the taxation of Social Security to be more like distributions from defined benefit pension plans. Those distributions are fully taxable except for the portion that represents the recovery of "basis," or what an employee paid in - that is, his or her after-tax contributions to the plan. Once the recipient has recovered his or her entire "basis" all subsequent pension distributions are fully taxed..Senator David Vitter also reintroduced the Notch Fairness Act in the Senate. The Notch Fairness Act is legislation that would provide Notch Babies born 1917 through 1926, or widows who receive benefits based on their account, a choice of a lump sum of ,000 payable in four annual installments of ,250 or an improved monthly benefit.

Poll Finding Kff Health Tracking Poll Late February 2021
This Congress, I introduced the Fair COLA for Seniors Act, to ensure that your Social Security payment keeps pace with your cost of living. This bill would change the current ineffective price index used to calculate Social Security's cost-of-living adjustment to one tailored around the lives and needs of seniors. This index, the Consumer Price Index for the Elderly, accurately reflects how seniors spend their money, with a focus on healthcare and housing. It is a common-sense proposal that will allow for benefits to keep up with costs..the New Deal in 1935, it was never designed to be anyone's sole means of support.Recent healthcare reform legislation gradually reduces what beneficiaries must spend when they reach the Part D doughnut hole or gap in coverage. Medicare consumers who hit the doughnut hole receive a 50 percent discount on brand name drugs and a 7 percent discount on generics in 201While that's good news, don't breathe any sighs of relief just yet. Seniors and the disabled who hit the doughnut hole must still spend ,448 in total drug costs in 2011 before they reach catastrophic coverage period. … Continued

Womens Health Policy Issue Brief Womens Experiences With Health Care During The Covid 19 Pandemic Findings From The Kff Womens Health Survey
Progressives see expanding the popular entitlement as essential to fulfilling their campaign pledges and keeping Democratic control of the House and Senate. But the reforms threaten the bottom line of insurers who administer private Medicare plans and sell supplemental coverage for dental, vision and hearing services. Groups like the American Dental Association, worried their members will be paid less in traditional Medicare than in private Medicare plans, are also pushing to limit the new benefits to the poorest Americans..Shuffling doctors can heighten the risk of mishaps. A study of at least 2,200 older adults published in 2016 found that nearly 4 in 10 were taking at least five medications at the same time. Fifteen percent of them were at risk of drug-to-drug interaction..According to a news report we've seen, groups that support President Trump are urging him to take a "hard look at mandatory spending, the root cause of the United States' fiscal woes." And when they say "mandatory spending" they are talking about Social Security and Medicare. … Continued

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