The proposal would potentially help those enrolled in Medicare Part D and Medicare Advantage plans, particularly in cases where a drug is not covered by the individual's plan or, as a less-expensive alternative, when the cost of importing a drug is lower than the co-pay for purchasing the medication with Part D plan coverage. Proponents of importation point out that, over the long-term, increased competition from imported drugs could pressure drug companies to reduce their prices in the U.S. and thus help reduce costs for other drugs you may take..More than 5 million Social Security recipients with the lowest benefits are unlikely to see any net growth in their monthly checks after deduction of the Medicare Part B premium in 2019, according to a new analysis released by The Senior Citizens League. This will occur despite their receiving the highest cost-of-living adjustment in seven years. Those affected have a gross Social Security benefit of about 5 per month or less before deduction of the Part B premium. According to the analysis, the dollar amount of their Part B premium increase will be more than the dollar amount of their COLA. "This would make the fourth year in a row that this particular group has not seen a boost in their net Social Security benefits after the deduction for Medicare Part B premiums," says Mary Johnson, a Social Security and Medicare policy analyst for the League.\.Social Security checks in 2020 are almost 20 percent lower than they otherwise would be, due to the long term impact of extremely low annual inflation adjustments, according to a new analysis from The Senior Citizens League. This analysis comes as the Social Security Administration announced today that the 2021 cost of - living adjustment COLA will be just 1.3 percent, making it one of the lowest ever paid..In January of 2021, bipartisan legislation, the Social Security Fairness Act, which would eliminate the WEP and the GPO, was introduced by Rep. Rodney Davis. To date, the bill has 136 co-sponsors including BOTH Democrats and Republicans. TSCL strongly endorses this legislation and we encourage you to ask your Representative to support it. Public service employees deserve to get all the Social Security benefits they rightfully have paid for..Physicians have another medication at their disposal for treating diabetes after the Food and Drug Administration has now approved a new long-acting insulin product derived from the established drug Lantus..TSCL survey participants are strongly supportive of legislative proposals that would modestly boost Social Security benefits, with 78 percent supporting the proposal. In addition the survey found that 86 percent support boosting the COLA by tying the annual COLA to the Consumer Price Index for the Elderly, which would tend to provide a modestly higher COLA in most years..Should I Allow My New Health Law Coverage To "Automatically Renew"?.Proponents of Executive Action say it's unlikely that illegals would file a lot of claims for Social Security benefits. People need to work about ten years and meet age eligibility requirements to file a claim for retirement benefits, and most illegal immigrants are young. But the rules for disability benefits are different. Depending on age, young disabled workers could qualify for benefits with as little as 1.5 years of work history. And, under current policies, illegal immigrants who receive a work-authorized Social Security number can become entitled to benefits that could be calculated on earnings from prior work under invalid and fraudulent Social Security numbers..Following the blueprint's release, Sen. Bernard Sanders ranking member of the Senate Budget Committee voiced his concerns, saying: "This budget gives huge tax breaks to billionaires and millionaires while making devastating cuts to education, Medicare, affordable housing, prescription drug coverage, and many other vital investments for the elderly, the children, the sick and the poor … This budget is the Robin Hood principle in reverse. It takes from the poor to give to the rich."

Coronavirus Policy Watch What People And Policymakers Can Do About Losing Coverage During The Covid 19 Crisis

TSCL will keep a close eye on the negotiations as they evolve in the coming weeks, and we will encourage lawmakers to avoid another government shutdown. For updates, visit the Legislative News section of our website, or our new account on Twitter..Patients would have to sign a consent form acknowledging they've been given written notice with the information and informed that the charges may not accrue toward any plan limitations..Currently, the DI trust fund is set to become depleted in late 2016, and legislative action will be needed to prevent a 25 percent cut in benefits for 11 million disabled beneficiaries. According to those at Wednesday's hearing, reallocating funds from the Old Age and Survivors Insurance trust fund is the simplest and least controversial way of solving the problem. However, TSCL disagrees since doing so would mean that the OASI trust fund would become depleted four years earlier than currently projected. In our most recent survey of members and supporters, only 1 percent said they support the reallocation of funds from the OASI trust fund to the DI trust fund. … Continued

Infographic Visualizing Health Policy A Short Look At Long Term Care For Seniors

After a rare bipartisan agreement, President Obama signed a bill into law that will extend the payroll tax break and unemployment benefits, and prevent a 27% pay cut to Medicare physicians. The President signed the measure into law in private on Wednesday, after celebrating the passage of the bill at an event on Tuesday..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..While you may be familiar with the problem of our government using a price index that reflects the inflation experience of younger workers rather than retired people over the age of 62, you quite likely have not heard very much about the specifics of how our government calculates price indexes. What the average person thinks of as a straight - forward mathematical calculation, the federal government can approach in convoluted ways. … Continued

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