This year, Social Security beneficiaries are receiving a COLA of just 0.3 percent, and in 2016, they received no COLA at all. Since 2012, COLAs have averaged 1 percent less than half of the 3 percent average during the decade prior but most beneficiaries have seen no benefit increase at all in several years due to rising Medicare Part B premiums..Paralleling his civilian career was his military career in the Army and Air Force reserve components as a senior non-commissioned officer. He retired from the Maryland Air National Guard after 30 years of service in 200In 1996, Larry was part of the first United States military mission to Romania since World War II. His personal awards include the Meritorious Service Medal, the Air Force Commendation medal, the Air Force Achievement Medal, and the Master Chaplains' Assistant Badge..Following the blueprint's release, Sen. Bernard Sanders ranking member of the Senate Budget Committee voiced his concerns, saying: "This budget gives huge tax breaks to billionaires and millionaires while making devastating cuts to education, Medicare, affordable housing, prescription drug coverage, and many other vital investments for the elderly, the children, the sick and the poor … This budget is the Robin Hood principle in reverse. It takes from the poor to give to the rich.".Because this is an election year, elected lawmakers are likely to be listening extremely carefully to their constituents. Your help now, and that of family and friends, could make the difference in pushing through the ,000 lump-sum legislation..Third, the Standardizing Electronic Prior Authorization for Safe Prescribing Act of 2018 gained three new cosponsors in Representative Todd Rokita, Representative Jackie Walorski, and Representative Roger Marshall, bringing the new cosponsor total to six. If signed into law, H.R. 4841 would allow for and standardize electronic prior authorization for Medicare Part D beneficiaries..In fact, 88% of people who planned to retire in the next 10 years did not know what factors determine the maximum Social Security benefit that they could achieve. Benefits are based on the age at retirement, the number of years worked and the earnings record that your benefits will be based on..If you would like to view past press releases or sign-up to receive press releases via email, click here..The government will announce the 2017 COLA on October 18, 2016 and it remains to be seen whether Congress will take action to protect older Americans and state Medicaid budgets from unexpectedly high Medicare Part B premium costs. In response to similar circumstances last fall, Congress passed legislation that modified the Part B premium spike to the amount it would have increased if the hold harmless provision had not gone into effect..ReConsumer's Union has a brochure to explain how it works.

Health Reform State Profile State Exchange Profiles West Virginia

"That simply isn't the case," says TSCL Chairman, Larry Hyland. TSCL conducts an annual survey of typical senior costs. "That data indicates that Social Security benefits have lost more than one-third of their buying power since 2000," Hyland says. "Changes that cut COLAs even further would make it that much harder for seniors and disabled beneficiaries to afford rising Medicare, energy, and other costs," he notes..We will all know if they were able to reach and agreement and get their job done by the end of this coming Friday. However, President Trump's position on this is not clear. While Treasury Secretary Mnuchin has been in on the discussions of the legislation the President has not said where he stands..In 2012, the GPO reduced, by nearly two-thirds, the Social Security benefits of 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 years. … Continued

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Caregiver support: You and others helping with your mom can get caregiver training and information about respite care..On Monday, the Trustees of the Social Security and Medicare programs released their annual reports on the current and projected financial status of the two programs. As expected, the Trustees found that both programs currently face significant but manageable financial challenges..The median income for those age 65 and older was ,757 in 2010. … Continued

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