News

Senior advocates are concerned that all of Medicare's 60 million beneficiaries will likely see their premiums for Medicare Part B, and Medigap supplements, rise significantly to cover this one new medication. Because the drug is administered in a physician's office, it would be covered under Medicare Part B, not part D plans which pay for drugs purchased from pharmacies. Medicare typically reimburses doctors 103% of the list price of drugs administered in their office..Senator Amy Klobuchar introduced S. 62 on January 9, 201It has since been referred to the Committee on Finance..Information and assistance.According to an article last week in StatNews, a newsletter that covers health and medical issues, the answer seems to be "whichever one is available to you first.".Most people don't realize how much money they give up by claiming benefits at age 6For example, consider a woman entitled to a monthly benefit of ,500 at her full retirement age of 6Assuming she lives to age 95 and receives cost-of-living adjustments of about 2.3%, she would receive 8,665 over the course of her retirement. Her final monthly benefit payment would be ,827..Unfortunately, it is not as cut-and-dried as "everyone will now pay per month for their insulin." It is much more complicated than that..Consequently, surprise billing is universally loathed. More than eighty percent of participants in TSCL's 2020 Senior Survey wanted Congress to prohibit surprise medical bills, and the legislation that was signed into law in December prohibits this practice..you get your new prescription, ask your doctor or pharmacist for a complete list.Over the years, TSCL surveys indicate that older Americans overwhelmingly oppose totally replacing Medicare with a system of private insurance plans. On the other hand, the design of traditional Medicare alone has a considerably high level of out-of-pocket spending, and no annual out-of-pocket limit. That leaves an important role for private insurers to fill in the gap with Medigap supplements or Medicare Advantage plans.

Blog Voting Challenges In Indian Country And More In The June Canvass

If you have not been offered affordable insurance through your employer, you are not receiving Medicare, and you purchase your own health insurance coverage, you may be among those who have the most to gain from shopping for health insurance on the new health insurance exchanges. Depending on your income, you may be eligible for new premium subsides that would cover part of the cost of your health insurance premiums. The exchanges are now open for comparing health insurance coverage that becomes effective January 1, 2014..Social Security coverage to persons who have not worked long enough under the system to draw benefits on their own account is of major significance in the debate to allow individuals to invest a portion of their Social Security taxes into private retirement accounts. As proposed, private Social Security retirement accounts would unlikely be able to provide the extent of coverage the current program now offers..Increasing the frequency of Continuing Disability Reviews. Additional funding for CDRs, which are conducted periodically to determine if enrollees still qualify for DI benefits, would return significant savings to the program according to recent projections. … Continued

State Legislatures Magazine First Branch News Ncsl S Weekly Roundup Of Legislative Headlines Magazine2021

Medicare considers observation care as outpatient services, even though patients may stay in the hospital for several days. Outpatient care is covered under Medicare Part B not under Part A, which normally covers hospital care. Patients can have co-payments for doctor's fees, and every hospital service. That includes charges for any routine drugs your mother may take for chronic conditions like high cholesterol..About 4 million people who turn age 61 this year are in for a deep hit to their Social Security benefits when they retire. The initial retirement benefits of these individuals may be permanently reduced by about 9.1%, according to an estimate by Social Security's Chief Actuary. Without quick remedial action from Congress, the retirement benefits of people born in 1960 would be lower than the benefits of people with identical earnings and retirement histories who were born just one year prior to them. This is due to a flaw in the Social Security benefit formula..Your thoughts on this matter can sway votes in Congress. Contact your Members of Congress. Letting each of them know what you think about debt limit deals that would cut "entitlements" like the Social Security cost-of-living adjustment, or trim benefits in other ways. … Continued