Key Social Security Bills Gain Support.in 2011 by switching drug plans. She was able to enroll in a plan that provided.The rise of prescription drug prices is a serious concern that warrants immediate attention. Drug companies have long charged record prices that deny millions of Americans affordable access to lifesaving medications. Individuals across Maryland - and the country - have shared their stories with me regarding the high cost of drugs for themselves or their family, and the strain it places on their finances and health. Within Medicare, so many of our seniors are facing rising costs and tough choices..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..Cuts to Meals On Wheels Having "Devastating Impact".what you will pay for it - and do this every year. If the drug is expensive,.Lawmakers Aren't Giving Up On Benefit Cuts.TSCL is strongly opposed to plans to "chain the COLA." Such a switch has been estimated to reduce Social Security benefits by about 7% over a 30-year retirement. An average benefit of ,300 in 2017 would be about 5 per month less at the end of the period than it would be using the current CPI. An index that causes higher taxes, and lower retirement benefits, make the chained CPI a bad deal for older Americans..It remains to be seen whether a deal will be reached before the December deadline Congressional Quarterly reports that the prospects for an agreement are "dimming." Discussions will likely continue behind closed doors over the upcoming weeks, and TSCL will continue to monitor the negotiations. Check back for updates every Friday.

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More Americans are spending more years in retirement, but have little or no retirement savings. Fewer employers are offering retirement plans and participation from workers is low among those who do. According to a study by the Schwartz Center for Economic Analysis at the New School, the median net worth among households near retirement show that only about a quarter can expect an adequate cash income stream from their retirement savings..Check community health centers or senior services department. Low - cost dental services may be available to low-income people age 62 and up, but services may be limited and there may be long waiting lists. To learn more, check with your area agency on aging to learn if there are programs near you..While most prescription drugs are paid for by beneficiaries and their Medicare Part D plans, Medicare Part B spends about billion on pricey drugs that must be given intravenously or by injection by trained healthcare professionals. Medicare pays the healthcare provider the average sales price, plus 6% for the costs associated with the purchase and storage of the medications. For example, if a drug costs ,000, the doctor would receive an additional 6% payment, or , but if a similar drug costing ,000 were used instead, the doctor would receive 0 instead. … Continued

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The high cost of health care is one of the biggest threats to Medicare and older Americans' health in general. I stand ready to take action on drug price negotiation and Medicare-X and to debate whatever ideas Democrats, Republicans, and independents have to bring down the cost of health care today and protect Medicare's viability for generations to come..While Mr. Shkreli has become the poster boy for this price gouging, he is certainly not alone. These tactics are prominent throughout the entire industry. Drug company executives are buying life-saving drugs and increasing the prices astronomically to line their own pockets at the expense of some of the most vulnerable families in our nation..With 1.2 million supporters, The Senior Citizens League is one of the nation's largest nonpartisan seniors groups. Its mission is to promote and assist members and supporters, to educate and alert senior citizens about their rights and freedoms as U.S. Citizens, and to protect and defend the benefits senior citizens have earned and paid for. The Senior Citizens League is a proud affiliate of TREThe Enlisted Association. Visit for more information. … Continued

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