Senate leaders were already having a hard time pushing through their priorities, including drug pricing legislation. In fact, Sen. Roy Blunt, head of the Republican Policy Committee, said some bills -- including drug pricing legislation -- are far from ready to move to the floor, which is what we have been reporting to you for the last few weeks..With regard to your specific concerns on Social Security COLAs, as you are fully aware, after a person becomes entitled to receive Social Security benefits, his or her monthly benefit was designed to increase annually to maintain purchasing power over time. The amount of the COLA is based on inflation as measured by the Consumer Price Index. If the CPI rises, Social Security benefits for the next year increase proportionately. If the CPI falls, Social Security benefits stay the same. Like you, I too have long been critical of this formula that measures the level of inflation in our economy because older Americans have different needs than the "typical" American. In addition, the current CPI fails to adequately reflect the fact that seniors rely more on medical goods and services, which have a much higher inflation rate..Upon introducing the bill, Sen. Brown said, "For many Americans, Social Security benefits are the foundation of their retirement security. But many of our public sector workers like teachers and first-responders have seen their benefits reduced for years because of unfair laws that target them … These workers have taught our children and kept our communities safe. It's time they receive equal treatment under Social Security law.".In April, House lawmakers voted on a balanced budget amendment to the constitution that would have been disastrous for Social Security and Medicare beneficiaries if adopted. Did you support this drastic measure, and if so, why?.Nonetheless, The Senior Citizens League urges lawmakers to act responsibly and to fund the federal government immediately so that federal agencies can operate as smoothly as possible. In the days ahead, we will keep a close eye on the evolving negotiations, and we will continue to advocate for legislative solutions that would fully fund the federal government..With the insolvency of the Social Security Disability program imminent, TSCL believes that lawmakers will be forced to take action, and soon, to enable the program to continue to pay benefits on time. "Don't let anyone lull you into thinking your benefits are safe," warns TSCL's Executive Director, Shannon Benton. "Congress has no plan in place to ensure that they are." To learn more about how you can join TSCL's efforts to protect your COLA and Social Security benefits, visit online at. or call toll free..AHCA Advances Through House.These actions are what families do, but they are not without long term costs to retirement security. Some of you have reported going into debt, most often due to high medical costs. In fact, a Gallup poll in July of 2020 found that 15% of the adults contacted reported at least one person in their household had medical debt that will not be repaid either in full or in part within the next 12 months..Minor or disabled child's benefit based on a living or a deceased parent's account.

Healthcare Workers Find Thanks Hope For Better Days This Thanksgiving

Currently there is a 2% tax cut on the Social Security payroll tax workers pay. That tax cut is due to expire December 31, 201Do you favor a further extension, and if so how would you pay for it?.A growing number of Social Security recipients are affected by the tax, because the income thresholds are fixed, rather than adjusted annually, like income brackets. Because of this, the number of Social Security recipients who are hit by the tax has increased substantially over the years as incomes increased..Medicare considers observation care as outpatient services, even though patients may stay in the hospital for several days. Outpatient care is covered under Medicare Part B not under Part A, which normally covers hospital care. Patients can have co-payments for doctor's fees, and every hospital service. That includes charges for any routine drugs your mother may take for chronic conditions like high cholesterol. … Continued

Health Prescription Drug Statenet Database

Learn the full cost and coverage for every drug you take: If you take more than 6 worth of prescription drugs a month, you're at risk of hitting the doughnut hole at some point during the year. The 6 is based on the full retail cost, that is what you and your drug plan pay, not your co-pays. Part D plan enrollees have an initial coverage limit of ,840 in total drug costs in 201You can learn the full cost of your drugs and whether your plan covers all your prescriptions using the drug using the Medicare Drug Plan Finder at..Avoid Falling for this Scam:.TSCL's report entitled "The Cost of Illegal Earnings Under Totalization With Mexico" examines three ways illegal Mexican workers could become entitled to benefits under an agreement with Mexico. The report concludes, "responsible, comprehensive cost estimates of the totalization agreement with Mexico simply cannot afford to ignore the very large and significant cost of benefits based on illegal, unauthorized work. Doing so results in highly misleading and incomplete estimates that would jeopardize the future solvency of Social Security, leading to benefit cuts and higher taxes." … Continued

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