"Public health officials were quick to tout J&J's data as a strong result, particularly given that regulators initially said a vaccine would only have to be 50% effective to be authorized. A vaccine that is 66% effective is an incredibly powerful tool in fighting respiratory viruses, they stressed. 'We would be celebrating a seasonal influenza vaccine with 60% efficacy,' Jay Butler, the deputy director for infectious diseases at the CDC, told reporters..Obama Signs Extensions into Law.In today's environment, working together - whether that's across the aisle, across the country, or across generations - is the only way to keep our communities safe. That spirit and attitude is what America is all about, in the greatest country in the world, and that's thanks, in no small part, to the many accomplishments of our seniors..I started Social Security benefits in 2007 at age 62, but my retirement accounts have lost so much of their value that I'm going back to work. Will my benefits be reduced?.As was noted in last week's update, the AHCA would reform the current health system and negatively impact older Americans in several ways. It would restructure the Medicaid program, which funds nursing home care for many qualified Medicare beneficiaries. It would base premium subsidies on age instead of income, while allowing private health insurers to charge older Americans five times more than they charge younger folks for their coverage. And it would deplete Medicare's Hospital Insurance Trust Fund by eliminating two revenue sources that the ACA created, creating a funding crisis for the program..Under current law there are two sets of rules for payment of Social Security benefits to immigrants who worked illegally, depending solely on the date in which the individual was assigned their Social Security number by SSA..It's helpful to think of age 70 as the retirement age to get the maximum benefit that you are entitled to. Not only does your benefit grow 8% per year, but the additional years of work could potentially boost the amount of your initial retirement benefit. By continuing to work you also give yourself more time to contribute to retirement accounts and pay off home mortgages, and you reduce the length of time or amount you will need to withdraw from your retirement accounts. That can make a big difference on how well you can live and thrive in retirement..At 2.8%, the annual cost-of-living adjustment that Social Security beneficiaries received in 2019 was the highest in seven years. The average monthly retiree benefit of ,425 increased by almost , but since October of last year, consumer price index data indicate that growth in inflation has stalled. In fact, if the current trend continues, it suggests the COLA payable in 2020 could be zero, according to projections by Advisor editor, and COLA researcher, Mary Johnson..For years, TSCL has been advocating on Capitol Hill for a more fair and accurate Social Security COLA for beneficiaries. The Consumer Price Index for Elderly Consumers Act legislation introduced by Rep. Michael Honda is a common-sense solution that would better protect the purchasing power of Social Security benefits since it would use a more accurate measure of inflation.

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It turned out that Flo was working for the deep pocketed pharmaceutical industry. They successfully used her ad to sink major legislation proposed by President Bill Clinton to add a voluntary drug benefit to Medicare. It wasn't until 2003 that the Medicare Prescription Drug, Improvement and Modernization Act, which added the Part D drug benefit to Medicare, was finally signed into law by President George W. Bush. But, although the bill provided a drug benefit, it specifically prohibited Medicare from negotiating prices with drug manufacturers, even though Medicare negotiates prices for almost every other service and for Part B drugs. High drug prices put patient's lives at risk every day when people can't afford to fill their prescriptions..The following is an op-ed by U.S. Representative Dennis A. Ross and does not necessarily reflect the views of TSCL..This week, lawmakers in the Senate held several failed votes on bills that would have repealed and replaced parts of the Affordable Care Act. In addition, two key bills that would improve Social Security benefits gained support in the House. … Continued

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In 1977 Congress changed the formula for computing Social Security benefit amounts - a change that led to seniors who were born 1917 through 1926.What Is The ‘Notch'? The term “Notch” refers to the disparity in Social Security benefits paid to people born from 1917 through 1926 and those paid to people born before and after them with similar work/earnings records. Many of those born during the Notch period feel they have not been treated fairly and are not receiving the benefits that.Frequently Asked Questions About TSCL The Social Security Notch Issue What is TSCL?.To try to kill the novel coronavirus, some Americans are unsafely using disinfectants and cleaners, including washing food with bleach, using the products on bare skin, and inhaling and ingesting them, federal health officials reported Friday..On Wednesday, Congressman Jimmy Duncan introduced the CPI for Seniors Act, and TSCL announced its support for it shortly thereafter. The bill, if signed into law, would mandate the formulation and publication of a new Consumer Price Index specifically for seniors with the purpose of establishing a more fair and accurate cost-of-living adjustment. … Continued

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