One way to strengthen Social Security is to do what's known as "scrapping the cap." Americans only contribute to Social Security on the first 7,200 in income earned every year. That makes no sense. Why should the very wealthiest get a tax break, when nurses, electricians, and grocery store clerks pay into the system on 100 percent of their earnings? Closing this loophole would extend the program for at least another generation..Notch Bill Gains New Cosponsor.A copy of the statement from your mother's drug plan through October 2011 showing how much was spent year-to-date and how much she had left of her initial coverage limit. This will document that she had not hit the doughnut hole..One of the biggest traps to determining Medicare premiums based on income is how the government defines "high income." Social Security's rules can snag even modest-income people. This can happen when a home is sold or when converting retirement accounts. One-time capital gains can put seniors over the Medicare income thresholds. The higher Medicare premiums reduce monthly Social Security benefits for an entire year. Should your mother's income in 2010 return to more modest levels she won't have to pay the means test premium surcharges and her Social Security benefit should return to more normal levels next year..Despite receiving the largest Social Security cost of living adjustment in five years, the majority of retired and disabled beneficiaries will not see any increase in their net Social Security benefits in January, warns The Senior Citizens League. A big jump in Medicare Part B premiums is to blame. The Centers for Medicare and Medicaid Services recently announced that the Medicare Part B premium will be 4 for next year. That's the same amount that the Part B premium is today, but tens of millions of Medicare beneficiaries are paying less than that this year. Millions of beneficiaries pay roughly less - and their annual COLA may not be enough to cover the difference..What can you do when you have trouble affording your vet?.This week, TSCL formally announced its support for Rep. Tim Walberg's Social Security and Medicare Lock-Box Act. If signed into law, the bill would safeguard the Social Security and Medicare Part A Trust Funds and prevent lawmakers from using the monies for unrelated purposes. In addition, it would establish a commission to determine alternate forms of investment for the surplus funds..Notch Bulletin: Why were we singled out? I turn 84 this year and am having problems making ends meet. Still, I'm very interested in NOTCH reform. Why were we singled out for less Social Security ?.TSCL's Take

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Now Medicare has launched a formal process to determine whether Aduhelm will be covered, after a widespread uproar spurred a Congressional investigation. The final decision isn't expected until next spring, although an initial ruling could come around January. Medicare's coverage process came on the same day that two House committees asked drug maker Biogen to turn over documents on how the drug was developed and priced, and on its dealings with government officials at the US Food and Drug Administration..The coronavirus emergency spending bill that Congress just passed was not "paid for," in Washington's language. It was added to the deficit, which means the government will borrow the money to pay for it..To try to kill the novel coronavirus, some Americans are unsafely using disinfectants and cleaners, including washing food with bleach, using the products on bare skin, and inhaling and ingesting them, federal health officials reported Friday. … Continued

Report Section Key Questions About The Impact Of Coronavirus On Long Term Care Facilities Over Time Tables

The BCRA, the "repeal-and-replace" bill that lawmakers have been working on for several weeks, was defeated on Tuesday night with a vote of 43 5The ORRA, the "repeal-and-delay" bill, was defeated with a vote of 45 55 on Wednesday afternoon. And the "skinny repeal" bill which would have repealed a few of the ACA's most controversial provisions was defeated early Friday morning with a vote of 49 51, just two hours after the text of the bill was revealed. The critical "no" votes came from three Republican Senators: Susan Collins, Lisa Murkowski, and John McCain..As a place to start contact your local senior centers and Area Agencies on Aging. Seniors centers can help with services that include:.Can You Explain the Pros and Cons of Switching to a Medicare Advantage Plan? … Continued

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