Information Technology Nalit Officers DirectorsNearly two-thirds of the spending on prescription drugs by older Americans is for out-of-pocket costs that include deductibles, co-pays and co-insurance. Since the start of Medicare Part D in 2006, out-of-pocket costs grew 188% or roughly 16% per year by the end of 2017, far exceeding the growth in Social Security benefits, that averaged just 1.9% per year over the same period..After 13 years with TREA he retired from the organization at the end of 2018 and became TSCL's Legislative Consultant in September of 2019..Physical, occupational and speech therapy services for some patients, especially those who have long-term severe illnesses, are the services that have been impacted the most. Under a new Medicare reimbursement system, home health agencies now have a stronger financial incentive to treat patients who need short-term therapy after a stay in the hospital or rehabilitation facility. Payments under the new reimbursement system are higher for people who are discharged from an institution and have services provided within the first 30 days - and get lower after that. … Continued
Health Reform State Indicator Total Monthly Medicaid And Chip EnrollmentAs with Social Security and Medicare long-term viability, reducing the high costs of drugs is also at the top on TSCL's agenda this year. These are complicated problems but Congress must find a way to deal with them and TSCL will be fighting for you as these debates continue..And while Social Security benefits have flat-lined since 2010, retirees report that household expenses are still climbing - causing people to spend retirement savings more quickly and to go into debt. This year Social Security recipients received no COLA at all, but 73 percent of survey participants reported that their monthly expenses grew by more than over the past twelve months. Things aren't likely to improve soon. The Social Security Trust Fund trustees estimate that the COLA in 2017 will be just 0.2 percent - just .00 for ,000 in benefits..By Representative Josh Gottheimer … Continued