The amount you receive depends on your income and assets. If your income is on the higher end you still might qualify for partial Extra Help. Keep in mind that to receive the assistance you must first enroll in a drug plan AND the drugs you take must be listed on the plan's formulary..To address the growing issue of inaccurate COLAs, TSCL believes Congress must adopt the Consumer Price Index for Elderly Consumers Act. This bipartisan bill from Congressman John Garamendi would better protect the purchasing power of Social Security benefits by basing the COLA on the spending patterns of retirees..As the law is phased in over the coming months and years, TSCL will monitor it closely, and our legislative team will advocate against the implementation of the provisions that will increase costs for beneficiaries. For updates on its movement, visit our website at SeniorsLeague.org or our new Facebook page at Facebook.com/SeniorsLeague.."Americans Make Hard Choices on Social Security: A Survey With Trade-Off Analysis," National Academy of Social Insurance, October 2014..View the TSCL home page to participate in TSCL's monthly polls..Ranking Member Senator Murray and several witnesses on Wednesday including Tennessee Health Commissioner Julie McPeak and Pennsylvania Secretary of Health and Human Services Theresa Miller agreed that CSR payments are critical to improving the marketplace and that vulnerable populations must continue to receive the same level of coverage through state waiver programs..It sounds like you are very fortunate. Under Medicare, your Part D prescription drug initial coverage limit is just ,3At the price of Humira you would hit the Part D doughnut hole or coverage gap the second time you filled your prescription. According to the Medicare's drug plan software, your estimated lowest cost for a full year, including your drug plan premium, would be in the vicinity of ,036..This week, lawmakers returned to Capitol Hill and two committees held hearings to discuss the opioid epidemic. In addition, The Senior Citizens League saw support grow for several key bills..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.
