About one-in-five persons have incomes so low they receive both Medicare and Medicaid. Medicaid benefits can include payment of Medicare Part B premiums and cost sharing. In addition, Medicaid covers benefits that are not covered by Medicare, including nursing home care, and the family caregiving program that is enabling your disabled son and your mom to live with you instead of in a nursing home..How far will your 2013 COLA go? What other options do we have to address Social Security's solvency? Take TSCL's 2013 Senior Survey!.Petition to Congress: A Fair Cost of Living Adjustment for Social Security Benefits.The report added, "Since the first case arrived in the U.S. at the start of the year, medical professionals have gone from fumbling in the dark to better understanding which drugs work -- such as steroids and blood thinners, and the antiviral medicine remdesivir. Allocation of intensive medical resources have improved. And doctors have learned to hold off on the use of ventilators for some patients, unlike with many other severe respiratory illnesses..Fall Congressional Recess Continues.The legislation fully covers the cost of providing the emergency payments by closing corporate compensation loopholes, which provide enormous tax breaks for the CEOs of the nation's top corporations. By closing the loophole, the bill also would add substantial new revenue to Social Security, extending the solvency of both the retirement and disability insurance trust funds..On Friday, SSA announced that Social Security benefits will increase by 2% percent beginning in January 201While the 2018 cost-of-living adjustment is the largest increase in five years, it continues a trend of abnormally low benefit growth..The 3.8% "Medicare" net investment tax has never been received by the Medicare Part A Trust Fund, but has wound up going straight into the U.S. General Fund. That means it could be appropriated for any government spending!.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.

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Because of the deficit projections some members of Congress have once again, raised the issue of balancing the federal budget on the backs of senior citizens..TSCL has been fighting to stop a payroll tax cut for months because of the damage it would do to the Social Security and Medicare trust funds. Last week we contacted both Senate and House leadership in both parties to reinforce our opposition..investment portfolio knows your age and your upcoming income needs. You may … Continued

Health Costs Report Trends And Indicators In The Changing Health 3

In April, House lawmakers voted on a balanced budget amendment to the constitution that would have been disastrous for Social Security and Medicare beneficiaries if adopted. Did you support this drastic measure, and if so, why?.Parent must receive at least one-half of his or her support from that individual..[2] "How Much Is Enough? Out-of-Pocket Spending Among Medicare Beneficiaries: A Chartbook," Kaiser Family Foundation, July 2014. … Continued

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