According to TSCL's 2021 study of typical retiree costs, the average Medicare recipient can expect to spend more than ,000 per month on healthcare costs this year. Considering that the average retiree benefit is just ,550 per month, that doesn't leave much wiggle room for everything else in a year of spiraling inflation. Paying for food gasoline, or home and auto insurance is more challenging this year than it has been in 13 years..Members of the House spent the week in their home districts, and are expected to return to Capitol Hill on Wednesday, May 30. Members of the Senate will recess next week for the Memorial Day holiday and will return on Monday, June 4..Because of the deficit projections some members of Congress have once again, raised the issue of balancing the federal budget on the backs of senior citizens..Thousands of prescriptions are abandoned at pharmacies each year, often due to high prices. There are several things you can do to bring that cost down to a more manageable level..Despite opposition to the AHCA from many in Washington including TSCL the House Budget Committee advanced the bill on Thursday with a vote of 19-1It now moves to the House Rules Committee, and leaders in Congress are predicting votes on the House floor could occur as early as next week. In the Senate, votes are expected before the holiday recess begins on April 7th..NOTE TO JOURNALISTS: A table showing the full list of drugs compared and details on costs can be found here..The prospective vaccines range widely in their design and novelty. They also vary in their ease of manufacture, the number of doses a patient needs to gain lasting immunity, and the way they are administered. There will have to be multiple types of vaccines. The director of the Center for Drug Discovery at Washington University in St. Louis, said that while there are pitfalls inherent in the rush to find a vaccine, a previous pandemic offers comforting reassurance that in fielding the right drug, patience is an essential virtue..The good news is that key members of Congress now say they will push for surprise billing legislation to be part of the next bill that deals with the coronavirus emergency..Several lawmakers also asked Congressman Price about comments he recently made to reform the Medicare program before the end of the year. Congressman Price told the HELP Committee Members that there are no immediate plans to reform the program, and that he has not yet discussed the topic with the new administration. Congressman Price has authored several proposals in recent years that would transform the traditional Medicare program into a "premium support" model, where beneficiaries would be given vouchers to purchase private health insurance. TSCL opposes such plans since we believe they would result in higher out-of-pocket costs for seniors, and we will continue to advocate against them in the months ahead.

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Despite the optimistic attitudes of the five expert witnesses, those on the Subcommittee seemed hesitant about revamping the payment system this year. One Subcommittee Member, Rep. Michael Burgess stated: "This term, I've seen more work done on this problem than I have any other time that I have been in Congress, but we're still pretty far away from the goal that we all expect to achieve." He went on to say, "We're not likely to end up doing something that will provide that … long-term replacement for the SGR by December 31.".TSCL Endorses Lock-Box Bill.delayed retirement credit which is 8.0% per year until age 70 (if you reached … Continued

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The government negotiates prescription drug prices for Medicaid and for veterans, but it is barred from doing so for Medicare Part D beneficiaries. As a result, senior citizens enrolled in Part D often pay much higher prices for their prescriptions than other Americans. Will you support the bipartisan Medicare Prescription Drug Price Negotiation Act ?.Meanwhile, Republicans argued that Medicare should not be expanded when its hospital fund is already slated to be insolvent in 2026..The switch to the chained CPI was seriously considered in the closed-door debt limit meetings by Congressional leaders and President Obama earlier this summer. It forms the basis of not just one, but several, of the most prominent debt reduction plans currently under debate. Chaining the CPI has won support from both Republican and Democratic lawmakers, and most deficit reduction proposals call for putting it into effect relatively soon. … Continued

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