The "Medicare Notch" could affect a growing number of people if inflation remains unusually low while Medicare premium increases are relatively high. With no COLA in 2011 as the Social Security Trustees predict, people protected by the hold harmless provision in 2009 would continue to pay .40 per month, people who enrolled in 2010 would continue to pay 4 because now they would be protected by hold harmless, but new enrollees in 2011 would pay an estimated 0 per month..Congress Departs Without Passing New Economic Relief Bill and why it Matters to Seniors.For more.H.R. 1553, Fair COLA for Seniors Act If adopted, H.R. 1553 would base annual Social Security cost-of-living adjustments on the Consumer Price Index for Elderly Consumers..President Trump announced last week that there will be a new type of Medicare prescription drug plan that will cap insulin costs at per month for some seniors who have diabetes. While TSCL applauds that as far as it goes, it is woefully short of what is needed..Again, thank you for participating in the legislative process by signing the petition. It is my hope that you will continue to keep me apprised of your interest in issues important to you as my colleagues and I continue our work during this 113th Congress.The past two years without a cost-of-living adjustment felt like the government clamped a lid on benefits. Now a Congressional debt reduction committee is working on a plan that's likely to keep your COLA "chained" down in the future by switching to a more slowly-growing "chained" consumer price index..Phasing in an increase in the payroll tax rate for workers and employers from 6.2% to 7.4% each over a period of twenty years. The gradual growth would mean an extra 50 cents in taxes per week each year for the average worker..In addition, the Social Security Fairness Act gained one new cosponsor in Representative Mario Diaz-Balart, bringing the cosponsor total up to 16If signed into law, H.R. 1205 would repeal the Government Pension Offset and the Windfall Elimination Provision two Social Security provisions that unfairly reduce the earned benefits of millions of public servants each year..Medicaid, the state and federal program that provides healthcare for low-income Americans, is undergoing a massive expansion with the start of the Affordable Care Act. The fairness of that expansion for seniors is drawing closer scrutiny from TSCL.

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Pet insurance may not be worth the cost Before taking out a health insurance policy for your pet, carefully read through contracts looking for limitations, service fees, and what you pay out-of-pocket. You may be better off putting aside in savings money you would pay for routine veterinary care and emergencies..A person receiving the national average Social Security benefit in 2000 - 6 per month - would have ,226.60 per month by 201However, because retiree costs are rising at a substantially faster pace than the COLA, that individual would require a Social Security benefit of 7.90 more per month, or ,634.50 in 2019, just to maintain his or her 2000 level of buying power..Publication: How Work Affects Your Benefits SSA Publication No. 05-10069 … Continued

Blog Medicaid A Changing Federal State Partnership

Thank you for signing a petition organized by The Senior Citizens League on various issues dealing with Social Security that are important to our nation's elderly. As a Representative of one of the largest number of Social Security recipients in the Congress, please know that I will always work to ensure that those who rely on this program have access to the benefits they have been promised. Making certain that this safety net for our seniors remains fiscally secure in the future is a very serious matter that needs to be lifted above any partisan fray and dealt with in a responsible bipartisan manner that benefits young and old Americans alike..Seniors born from 1917 through 1926, known as "Notch Babies" receive lower Social Security benefits than other retirees with almost identical earnings histories. Do you support Notch Reform legislation that would provide a choice of ,000 payable in four annual installments or an improved monthly benefit?.While a multitude of new mandates and burdensome administrative requirements have been layered on over the past several years, payments to physicians have not only failed to keep pace with inflation, they have, in some cases, decreased in real terms. … Continued

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