however, my client was able to save ,080 in uncovered out-of-pocket drug costs.Back in mid-August we reported on President Trump's executive order to stop the collection of the workers' part of the Payroll tax, which funds Social Security and Medicare. TSCL is opposed of Payroll tax cuts of any kind because they seriously jeopardize the financial viability of both Social Security and Medicare..This week, lawmakers in the House and Senate continued their work on an omnibus spending bill to fund the federal government through the remainder of the fiscal year. Lawmakers set a .07 trillion cap in the sweeping budget deal that they passed at the end of October, and now they have until December 11th just three weeks to outline how those funds will be spent..Work Continues on Spending Bill.Many enrollees in traditional Medicare have purchased a supplemental Medigap policy that covers the out - of - pocket expenses of Part B. Premiums for those policies could also rise as insurers anticipate higher outlays for costs associated with Aduhelm. On the other hand, out - of - pocket costs would be the big cost issue for enrollees in Medicare Advantage plans. According to experts at Kaiser Family Foundation, 500 thousand patients taking Aduhelm could add about per month to the Medicare Part B premium, which in 2021 is 8.50 for most beneficiaries, to as much as 5 a month for higher income beneficiaries who pay a surtax on their premium..That matters because there are two other legislative measures the Democrats want to pass before the end of this month: President Biden's infrastructure bill and a reconciliation bill. The reconciliation bill is what will set the parameters for funding the government for the next fiscal year..That's correct, you can work while receiving a Social Security retirement, or survivors' benefit. The Social Security Administration even says it could eventually mean a higher benefit for you, but it could also mean that your Social Security benefits may be reduced - at least temporarily - when you earn more than the annual limit. In addition, your earnings may subject a portion of your Social Security benefits to taxation..Other Medicare costs climbed as well, the Part B deductible, and out-of-pocket costs charged by doctors and for other services. Barbara's prescription drug plan bumped her medication to a higher formulary tier and her blood pressure medication that used to have zero copay now costs .00 per month. And after recent years of so much extreme weather, homeowner's insurance is now one of her fastest - growing costs..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.

Blog Redistricting Practice Makes Perfect

In 2012, the GPO reduced by two-thirds the Social Security benefits received by nearly 600,000 surviving spouses who also collect a government pension. Nine out of 10 public employees affected by the GPO lose their entire spousal benefit, even though their spouse paid Social Security taxes for many years..In January the President had said he would "take a look" at cutting entitlement spending, which is Washington talk for cutting Social Security, Medicare and Medicaid. However, the next day after the interview he backed off his statement and tweeted that he would save Social Security..In addition, prescription drug pricing is still on the priority list. … Continued

Blog Scope Of Practice Policy Website Celebrates 1 Year

More Means Testing For Medicare: Higher income seniors with incomes of more than ,000 already pay more for their Medicare Part B and Part D premiums. More seniors will pay the higher costs in the future because the income threshold is not adjusted for inflation. President Obama has proposed raising the amounts that higher-income seniors would pay, and proposes new income thresholds that would push seniors into higher premium brackets more quickly..Alexandria, VA little-known file maintained by the Social Security Administration suggests that significant long-term costs are associated with immigration reform, according to a new report released today by The Senior Citizens League. The report examines data from the Social Security Earnings Suspense File, which has received 161.7 million suspicious W2s from 1990 through 2011 totaling over trillion in wages. The suspicious W2s have names, Social Security numbers, or both, that don't match the Social Security Administration's records - which occurs when undocumented immigrants use fake or fraudulent Social Security numbers to work..For tips on which questions you should ask your Member of Congress at your next town hall meeting, click HERE. To learn more about important issues affecting seniors, to sign a petition to Congress, or to find contact information for your Members of Congress, please visit the ACTION CENTER of our website. … Continued

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