But not all beneficiaries are protected by the hold harmless provision. The provision covers about three-quarters of beneficiaries who would not see any change in their basic Part B premiums in 2010, according to the Actuary for the Centers for Medicare and Medicaid Services. But one quarter of beneficiaries would face reductions to their monthly Social Security checks as money is deducted to cover the increased Part B premium costs. And although the "hold harmless" provision provides protection from the rising Part B premiums, that provision of law does not apply at all to Part D drug coverage or Part C Medicare Advantage plan premiums. If a person's Part D or Medicare Advantage plan premium goes up, he or she would have less Social Security to live on in 20An emergency COLA, however would offset those costs and prevent those reductions..There is real concern that many people who are treated for the coronavirus could end up with surprise medical bills. Because of that Democrats want to make health-care services free to people who contract the new coronavirus. If treatment were free, those with the virus wouldn't have to fear surprise medical bills. That would, of course, still leave unsolved the issue of surprise billing for other types of treatments..Rep. Bill Pascrell has urged President Biden to fire the entire USPS Board of Governors. "The continued challenges in preserving our Postal Service to survive and endure are gargantuan, and so demand bold solutions to meet them. To begin that work, we must have a governing body that can be trusted to represent the public interest," Pascrell wrote..On Monday, the Social Security and Medicare Trustees reported on the financial standing of both programs. According to the six Trustees, Social Security and Medicare are worse off than they were just one year ago. Social Security's combined OASDI Trust Funds will reach exhaustion in 2033, three years earlier than last year's report projected. Medicare's Hospital Insurance Trust Fund will face insolvency in 2024, the same date that was projected last year. However, the program's actual costs are expected to exceed estimates since the Trustees could not account for the costly "doc fix," which Congress will likely vote for at the end of this year..CDI investigates disability claims that State disability examiners believe are suspicious. The program's primary mission is to obtain evidence that can resolve questions of fraud before benefits are ever paid. These investigative units also provide reports to examiners during continuing disability reviews that can be used to end benefits of people who are ineligible for benefits and gaming the system. Let's tell Congress to say NO to Social Security disability insurance cuts - and ask lawmakers to strengthen our successful anti-fraud prevention programs..Once lawmakers return from next week's holiday break, they will have just a few days to pass a continuing resolution to keep most of the federal government operating past December 7th. Should they fail to reach an agreement before then, part of the federal government will shut down like it did earlier this year. The Senior Citizens League is hopeful that lawmakers will act responsibly to keep the federal government fully funded so that essential programs like Social Security and Medicare can operate as smoothly as possible..As a result, the highest-risk patients were not filling their medication after prices jumped. Those most vulnerable to a heart attack and stroke cut back more on statins and anti-hypertensives than lower-risk patients - irrespective of socioeconomic status..I will be 66 in April and still work at a small company. I get my healthcare through a Medicare Advantage plan. I've learned I will need to have surgery and expect to have extensive out-of-pocket health care expenses this year. In order to cover my healthcare costs, would I do better by taking money from my retirement savings in order to delay starting Social Security or should I start Social Security retirement benefits now to reduce what I need to take from savings?.CMS to Save 4.5 Billion Dollars over Ten Years

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Premium subsidies are actually advance federal tax credits and available only for people buying their own insurance on the insurance exchanges. You qualify if your income is less than ,960 for individuals or ,040 for a family of two. Your "modified adjusted gross income" will be used to determine your income. That includes your household's adjusted gross income plus any tax-exempt Social Security, interest and foreign income you have. When you apply, the government will access your most recent tax return to confirm the income data that you report..Many of you will no doubt remember that we used to celebrate both Washington's and Lincoln's birthdays separately. In 1968 Congress passed the Uniform Monday Holiday Bill, which moved several federal holidays to Mondays..TSCL consists of vocally active senior citizens concerned about the protection of their Social Security, Medicare, and veteran or military retiree benefits. TSCL was first established as a special project of The Retired Enlisted Association. On January 1, 1995, TSCL became an independent 501[c][4] citizens' action organization. … Continued

Racial Equity And Health Policy Perspective Pulling It Together A Recovery Raises Expectations

In the new report from the CBO, estimates show that if the AHCA is adopted, 14 million individuals would likely lose their health insurance coverage next year. By 2026, that number would rise to 26 million. For low-income seniors between the ages of 50 and 64, the uninsured rate would more than double under the AHCA, from 12 percent to 30 percent. That's because premiums would jump by so much for older Americans by over 700 percent in many cases they would likely be priced out of the individual health insurance market..ROTH IRAs require that you take distributions by age 70 and a half or pay a.According to Bloomberg News, "The preoccupation with addressing the crisis could well crowd out other legislation that Senate Majority Leader Mitch McConnell has planned to give his members a boost in the election year. … Continued

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