The report's most critical finding was that Social Security's Disability Insurance trust fund remains in serious financial trouble. It is projected to become insolvent in 2016, and if Congress fails to take action, beneficiaries will see a 19 percent benefit cut next December. For the average disabled enrollee, that would amount to almost 0 less in monthly benefits. Each of the six Trustees urged lawmakers to reallocate the payroll tax immediately to address the program's insolvency, and to begin considering long-term solutions that will strengthen both of Social Security's trust funds..Should I Drop Medigap For Medicare Advantage?.Medicare Part B premiums are getting set to make one of the biggest jumps in 14 years, according to new analysis from The Senior Citizens League. While the Social Security cost-of-living adjustment will increase benefits by 1.6 percent in 2020, Medicare Part B premiums are climbing by 6.7 percent, "more than four times faster than the COLA," says Medicare and Social Security policy analyst, Mary Johnson..I'm new to Medicare and recently had surgery. I've received several unexpected bills, including one for ,100 from the anesthesiologist. I thought these costs would be covered. What can I do?.My Ex-Spouse Died. Would I Qualify For Widow's Benefits Even Though I'm Re-married?.TSCL is supportive of the President's efforts, but we are taking a wait-and-see approach because, as so many things are in Washington, D.C., the devil is in the details..Prior to 1984 Social Security benefits weren't taxed, and when the tax on benefits was first enacted in 1983, Congress sold it to the public saying it affected "high income" beneficiaries. At that time, only 10% of Social Security beneficiaries paid the tax. But during the 2015 tax season, an estimated 56% of Social Security beneficiary households will owe federal income taxes on part of their benefit income according to the Social Security Administration..Editor's note: Telephone etiquette has changed! Ask around, and you'll probably discover that many people are letting their voice mail or answering systems screen calls. This is no longer considered rude - but acting in self - defense. Protect yourself from scam. Be defensive:.When you are a hospital inpatient, Medicare Part A covers inpatient services. Generally that means you will pay a one-time deductible for all of your hospital services for the first 60 days, although costs may be somewhat different if you're enrolled in a Medicare Advantage plan. In addition, Medicare will only cover the care you receive in a skilled nursing facility if you had a "qualifying hospital stay." To qualify, you must be a hospital inpatient for at least 3 days in a row, and Medicare doesn't count the day of your discharge.

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Even if Congress is not able to pass all the funding bills by the end of the fiscal year on September 30, we doubt there will be a government shutdown. It is most likely they will pass as many "continuing resolutions" as they need, as they have done in the past, to avoid a shutdown..During the meetings, the following issues were discussed: Social Security cost-of-living adjustments, Social Security Notch fairness, Social Security Totalization agreement reform, Social Security credits earned for work done illegally, and repeal of both the windfall elimination provision and the government pension offset. Support was expressed for many of these key issues, and TSCL looks forward to working with these offices in the future..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. … Continued

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Another critical step toward lowering costs is giving Medicare the power to negotiate prescription drug prices. In December 2019, I helped pass the Lower Drug Costs Now Act with the support of both Democrats and Republicans. This commonsense bill would give Medicare Part D the power to negotiate directly with drug companies. Currently, Medicare is prohibited by law from negotiating for lower prices..Your own retirement benefit would be low if you were to take it at age 64 - prior to reaching your full retirement age. Full retirement age at which you start receiving full, unreduced benefits, is rising. For people born in 1956 your full retirement age is 66 and 4 months..You should know that there are some groups who call themselves senior groups but are funded mostly by the drug makers and other corporate interests. Whereas TSCL is beholden only to you, those groups dare not oppose the corporations that fund them, whether it is in the interests of seniors or not. … Continued

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