New legislation passed in the House to repeal and replace Obamacare puts access to health care for the sickest, poorest, and even older Americans on Medicare at risk, warns The Senior Citizens League. Says TSCL's Medicare and Social Security policy analyst, Mary Johnson, "The GOP's American Health Care Act:.Another concern about congressional inaction on the debt ceiling is the potential for cuts to programs like Social Security, Medicare, and Medicaid. In recent debates, Social Security benefits have been used as a bargaining chip and have been held hostage to the debt limit increase. Some retirees have felt the sting of unexpected benefit cuts. In 2015, following the passage of the Bipartisan Budget Act, millions of seniors, already eligible for Social Security benefits, learned that an important claiming method called "file and suspend" a particularly important protection for women who tend to have lower benefits than men would no longer be an option to them..On the other hand, the standard deduction for 2020 has increased slightly and is ,800 for married couples filing jointly. In addition, if both you and your spouse are age 65 and older you add an extra ,300 to the standard deduction for a total standard deduction ,100. That means your total itemized deductions will need to be higher than ,100..They wrote: "We have worked together on bipartisan legislation that would address skyrocketing prescription drug prices … While we pursue these legislative efforts in Congress, we strongly encourage you to take executive or administrative action to reduce the ever-increasing financial burden of prescription drugs for millions of Americans.".TSCL enthusiastically supports H.R. 155, H.R. 1029, H.R. 574, and H.R. 1795, and we were pleased to see support grow for each of them this week..Five Biggest Expenses For Seniors To Watch In Next 12 Months.Based on consumer price index data through May of this year, TSCL's Social Security policy analyst and study author, Mary Johnson, estimates that the COLA for 2018 may indeed be significantly higher than in recent years - around 1.9% - 2.1% - but that could change since there are still several months to go before the COLA is announced in October..Until then, many Members of Congress will be holding town hall meetings to address the questions and concerns of their constituents. TSCL encourages its members and supporters to attend these town halls and to ask questions of their elected officials about important Social Security and Medicare issues, like the following four….Under the 'Ryan Budget,' Medicare would be turned into a private voucher program. But these vouchers are unlikely to keep up with healthcare costs, and could require seniors to pay more out-of-pocket for their healthcare. In fact, the non-partisan Congressional Budget Office estimates that by 2030, seniors would be paying nearly 70% of their health care costs out-of-pocket, with the vouchers picking up only 30% of the bill. It has also been estimated that seniors would end up paying up to ,400 extra for healthcare each year under the Ryan Budget.

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Take The TSCL Senior Survey!.It's about time. At the time of its passage, the Affordable Care Act, was labeled a "Medicare" tax and sold to the public that way. Now it is needed by the Medicare Part A Hospital Insurance Trust Fund. Part A is less than five years from insolvency and faces an estimated 5 billion funding gap over the next ten years. The Joint Committee on Taxation estimates that this tax will raise approximately .5 billion in revenue in 2021 alone.."My husband passed away September 5, 200What will happen to his lump-sum if they ever decide to pass Notch Reform? What would happen to my lump-sum if I should die now? Would my daughter get it? It seems they are waiting for us all to die." … Continued

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consider policies from companies that sell long-term insurance plans in.A majority of the 60 million senior and disabled Americans who receive Social Security depend on it for at least 50 percent of their total income, and one–third of all beneficiaries rely on it for 90 percent or more of their income. To help protect the buying power of benefits, TSCL supports bipartisan legislation called the Fair COLA for Seniors Act that would base COLAs on the Consumer Price Index for the Elderly. To learn more, visit..President Trump announced last week that there will be a new type of Medicare prescription drug plan that will cap insulin costs at per month for some seniors who have diabetes. While TSCL applauds that as far as it goes, it is woefully short of what is needed. … Continued

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