According to AARP, about 94% of widely-used brand-name drugs that were on the market between 2005 and 2017 nearly doubled in price. And in 2017, the average annual cost of specialty drugs - which treat complex conditions like cancer - was about ,800. In contrast, the average Social Security benefit in 2017 was just ,800..During the August break an old and ugly threat to Social Security and Medicare surfaced once again. The Congressional Budget Office released its forecast of future federal government deficits. It said that deficits are expected to climb to over trillion in fiscal year2020, which begins this October And they will keep going up in the years after that..To find a senior center in your area check your local phone book or call the Eldercare Locator at..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!.We have been told repeatedly that the virus will not simply go away. It is here to stay and until effective treatments and/or a vaccine are found, we must continue wearing masks when in public, keeping our distance from others when out and about, and as much as possible, staying at home and away from others.."Social Security Administration Actuarial Score," HR. 1314, Stephen Goss, Social Security Administration Office of the Actuary, October 27, 201"Time To Close A Social Security Loophole?" Alicia H. Munnell, Market Watch, March 19, 2014..House Speaker Nancy Pelosi said last week that she is pushing to attach drug price cutting legislation to the major budget bill carrying most of President Biden's trillion economic agenda in the coming months..Rep. Rodney Davis.Low-income "dual-eligibles" - Medicare beneficiaries whose incomes are so low that they are also eligible for Medicaid. Part B premiums are paid on their behalf by state Medicaid programs.

Medicare Report Medicare Beneficiaries Out Of Pocket Health Care Spending As A Share Of Income Now And Projections For The Future

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?.The letter you received from Social Security should indicate a deadline for your response. If you have missed the deadline, act quickly and contact Social Security requesting an extension. You may indeed learn there is an error and be able to correct the amount of money to be withheld. In addition, when you check your earnings record, you may need to contest earnings that don't belong to you..According to a March analysis of an earlier version of the bill by the CBO, the legislation would restructure Medicaid safety net by capping costs. "This would have a profound impact on low-income Medicare beneficiaries," Johnson says. About 1 in 5 people on Medicare, 11 million beneficiaries in all, have incomes so low that they qualify for Medicaid, according to the nonpartisan Kaiser Family Foundation. … Continued

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SSA Announces 2018 COLA.TSCL is concerned that the monthly base Part B premium could jump by more than .40 rising from 4.60 to more than 2.00 in 202This doesn't have to happen! Congress can prevent this by providing an emergency COLA..TSCL is disappointed that Congress has not yet taken action to avert an irresponsible default on the federal debt, and we urge our members and supporters to contact your representatives in Congress to request a clean and immediate increase in the debt ceiling. For updates on the status of this important issue, visit TSCL's website at, or find us on Facebook and Twitter. … Continued

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