This week, the American Health Care Act continued to advance through the House, and lawmakers in the Senate voted to confirm Seema Verma as the new administrator of the Centers for Medicare and Medicaid Services..Most seniors are aware of the impact of the consumer price index on COLAs. But switching to the more slowly growing "chained" CPI, if applied government-wide, would be far more reaching than Social Security cuts alone. In every aspect where applied, seniors would receive less in benefits and pay more in higher taxes. The following chart illustrates:.Prohibiting DI and Unemployment Insurance "double-dipping." No laws currently exist to prevent individuals from receiving both disability and unemployment benefits at the same time, even though eligibility rules for the two programs are mutually exclusive. Prohibiting "double-dipping" is a sensible step forward that would save nearly billion over 10 years..Government and private economists are warning of major financial turmoil and another recession if Congress can't get their act together to address the rising level of federal debt that is estimated to equal 70 percent of our total national output by the end of the year. Our nation's ability to pay the interest and its debt obligations has everything to do with our benefits..The bill caps the.Benefit Bulletin: September 2020 Low-Income Health Programs, Working and Laid Off Workers Take the Biggest Hit When Medicare Part B Premiums Spike.Costofliving adjustments are falling to anemic lows again in 201Seniors and the disabled will learn the 2013 increase on October 16, 2012, but TSCL expects the increase will be about 1.1%. That would raise the average monthly benefit .80 from ,126 to ,141.80 hardly enough to offset big expected spikes in food costs which are rising twice as fast. The rapid increase in home heating fuels and prescription drug costs also outstrips the COLA as well..Grassroots lobbying is perhaps the most effective way to let YOUR Representative and Senators know your opinion. Whether you are calling into a local or Washington, D.C. office; sending a letter or e-mail; signing a petition, or making a personal visit, Members of Congress are the most receptive and open to suggestions from their constituents..But she worries how she will manage another year with no net increase in her benefits. "This isn't right," she says. "Congress isn't looking out for the interests of seniors," she adds. "I'm going farther and farther into poverty.".And that's not the only way this hospital and others like it are getting shorted. Most rural healthcare providers receive lower Medicare reimbursement rates. That puts rural providers in a financial bind and makes it difficult for hospitals and doctors to keep their doors open for business.

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computer, or running a successful business..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..One of the orders would allow for the legal importation of cheaper prescription drugs from countries like Canada. The second would require discounts from drug companies now captured by middlemen that are then passed on to patients. … Continued

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TSCL advocates for legislation that makes affordability for Medicare beneficiaries a priority. Medicare healthcare costs are the fastest growing cost that retired households face, and beneficiaries often shoulder a heavy financial burden. "Cutting Medicare benefits, while shifting more costs to beneficiaries, would be the wrong way to strengthen program financing" says Johnson..Accelerate or postpone discretionary medical expenses when feasible. The new health law reduced the amount of unreimbursed medical expenses that you can claim when itemizing the deductions. Taxpayers under the age of 65 can claim deductions for expenses that exceed 10 percent of their adjusted gross income. If you are age 65 and older you may still deduct total medical expenses that exceed 7.5% of your adjusted gross temporarily but that ends in 201If your expenses are right on the borderline, you may want to take care of any pending medical services and appointments now, so you can boost your deduction for 201If your expenses were too low to claim the medical expense deduction for 2014, consider postponing discretionary services a few weeks into the New Year..the doctors, and many are not filling prescriptions. But foregoing healthcare … Continued

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