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Can You Explain the Pros and Cons of Switching to a Medicare Advantage Plan?.First, one new cosponsor Representative Debbie Dingell signed on to the bipartisan Consumer Price Index for Elderly Consumers Act, bringing the total up to fifty-one. If adopted, the bill would base Social Security cost-of-living adjustments on the more fair and adequate CPI-E. Currently, COLAs are based on the Consumer Price Index for Urban Wage Earners, and they fail to keep pace with the inflation experienced by older Americans..Hearing aids and batteries..Please be aware that if the federal government shuts down on Tuesday, October 1st, your daily life should NOT be affected. Medicare will continue to operate, and your Social Security benefits will go out on time regardless of whether or not the federal government is running..New Medicare enrollees in 20Because they are participating in Medicare for the first time, they are not protected because they have no prior premium to serve as a "hold harmless" baseline..To learn more about the programs contact your local Medicaid office or call and ask about programs, that help pay for your Medicare premiums..But should President Trump win a second term there will be pressure on him from members of his own party and some of his long-time supporters to violate his pledge to protect Social Security and Medicare when he ran for President the first time..Even though the rate of inflation is dropping, a proposal that would switch to a more slowly-growing CPI to calculate COLA continues to be pushed by proponents on both sides. The Congressional Budget Office has estimated that the "chained" CPI would reduce the federal budget deficit by more than 0 billion in the first ten years. It would do so by cutting the growth in a host of federal benefit programs, including military retirement in addition to Social Security, as well as increasing revenues if used to index the tax code..On Tuesday, the Social Security Administration announced that beneficiaries will receive a 0.3 percent cost-of-living adjustment in January the lowest Social Security COLA ever paid. It will increase the average monthly benefit by just around five dollars, and it is likely to be offset completely by increased Medicare Part B premiums.

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Then on Monday there was a report that Congressional negotiators were closing in on a government spending bill agreement after keeping the funding for Veterans Affairs Mission Act under the .4 trillion budget cap, a significant victory for the House Republicans who insisted on this provision, according to two congressional aides..Last year TSCL joined the fight to end "surprise billing," a practice that generally refers to expensive, unexpected medical bills that patients receive from hospitals and doctors' offices even when they have health insurance that they expect will cover the majority of the costs of treatment..Now.Backdoor Medicare Cut Could Raise Your Out-of-Pocket Costs A new Medicare cost-saving rule that was launched late in 2020 will cut payments to hospitals for some surgical procedures and could potentially raise costs for Medicare recipients. According to an article by Susan Jaffe, of Kaiser Health News, the Centers for Medicare and Medicaid Services has for years classified 1,740 surgeries and other.Q June 2021 I'm turning 65 later this year. I currently receive my healthcare insurance through my wife's employer. How does Medicare work with this insurance? May I delay enrolling in Medicare? … Continued

Legislative Staff Coordinating Committee Legislative Staff Week Overview 2021

Tightening eligibility requirements, including requiring disability applicants to have worked six of the past ten years, and modestly increasing the age at which it becomes easier to qualify for benefits from forty-five to fifty..If you or a family member have limited income and have trouble paying Medicare premiums and out-of-pocket costs, Medicare Savings Programs may help. If you qualify, you may get help paying for your Medicare premiums and deductibles and coinsurance if your income and savings meet the limits. In addition, you automatically qualify for Extra Help paying the costs of Medicare prescription drug coverage..This week, one new cosponsor Rep. Glenn Thompson signed on to the Preventing and Reducing Improper Medicare and Medicaid Expenditures Act, bringing the total up to forty-nine. If signed into law, the PRIME Act would take a number of steps to comprehensively prevent fraud, waste, and abuse within the two programs a problem that TSCL believes must be addressed in order to ensure that scarce program dollars are being spent properly. … Continued