Medicare - age adults 65 and up, and those who are residents of nursing homes are at especially high risk of complications and death from the COVID-19 coronavirus. About 90 percent of the participants of the new survey, which was conducted online during June and July, are Medicare beneficiaries. Survey response indicates support for strengthening program funding versus no change, or prioritizing healthcare delivery through private insurance plans over traditional Medicare. Only 23 percent of survey participants think that priority should be placed on private insurance plans in order to reduce reliance on federal spending and the need to raise taxes, and just 21 percent think the current level of spending is "about right because we could not have anticipated the scope of the coronavirus pandemic.".According to TSCL's research, Barbara is correct. Since 2000, Social Security benefits have lost 30 percent of their buying power due to inaccurate COLAs, and in the last year alone, they have lost 7 percent. This loss of purchasing power has occurred because Social Security COLAs are based on the spending patterns of young, urban workers not the spending patterns of retirees..How Social Security Can Be Fixed Without Deep Cuts.Will Social Security benefits be increased fairly to provide adequate cost-of-living adjustments ?.What Caused The Social Security Notch?.TSCL is hopeful that Congress will provide the Social Security Administration with the funding and staffing necessary to make progress on reducing the DI backlog. As Ranking Member John Larson said at Wednesday's hearing, "[A backlog of] six hundred days is flat-out unacceptable." In the coming weeks, TSCL will provide the Social Security Subcommittee with policy recommendations. We will summarize them here in the Legislative News section of our website after they are submitted to the Subcommittee for review..The hold harmless provision protects people who have their Medicare Part B premiums automatically deducted from their Social Security payments. If the Medicare Part B premium increase is greater than the amount of the COLA increase, then the Part B premium will be frozen to prevent a reduction in Social Security payments. The provision does not apply to new enrollees in 2016, people who pay their Medicare Part B premiums by check, low-income beneficiaries who have their Medicare premiums paid for by state Medicaid programs and high income people who pay premium surcharges..Here is a portion of that report:.The receipt for the original purchase with the questioned charge, or if you used a credit card, a copy of the credit card statement.

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Sudden price spikes in older drugs are putting patients at risk of going without vital medicine. A new report by the U.S. Senate Special Committee on Aging uncovered an insidious business model that's leading to monopoly pricing power and astronomical price increases..President Trump pledged that he would protect Social Security and Medicare when he ran for president in 201He has repeated that pledge several times since. But to advocate for a payroll tax cut that would bring both programs much closer to insolvency is not in keeping with his pledge..The main source of funding for Social Security comes from the payroll taxes that workers pay into the program. But there are two other sources of revenues: taxes that retirees pay on their Social Security benefits, and the "interest" earned by the "I.O.U.s" held by the Social Security Trust Fund. … Continued

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The CR will fund the government through this coming Friday, Dec. 18, at the same level as fy2020 funding. If they still can't reach an agreement it is likely they will pass another CR that will go to the end of the year. That would give them time to go home for Christmas and then return to Washington to continue trying to reach a final agreement..You will need to respond to the Social Security Administration by stating that you are contesting the amount of earnings that the Social Security Administration says you had, and the amount of money they say you were over paid. You should also ask Social Security for a review of your earnings record. You may be a victim of identity theft and one or more people might be using your Social Security number to illegally work..There are important trade-offs to Medicare Advantage. Enrollees must use the network of hospitals and doctors who contract with the plan. In recent years as enrollment grows, more plan enrollees have been hit with surprise bills for out of network providers - often for thousands of dollars. While traditional Medicare is accepted by any willing doctor in every state, Medicare Advantage coverage tends to be accepted only in a specific geographic area. There are also more requirements for prior approval for certain procedures. … Continued

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