Newsroom Statement On Behalf Of Health On The Shooting At The Health Clinic Buffalo CrossroadsPrescription Drug Re-Importation Making safe, secure re-importation a reality..A new analysis by The Senior Citizens League, one of the nation's largest nonpartisan seniors groups, indicates that changes the government has already made in the late 1990s to how it calculates the CPI have resulted in cutting the Social Security benefits of today's seniors by about 7 percent since 2000. Social Security recipients, who retired with average monthly benefits of about 6 in 2000, lost 7 this year alone, and about ,293 in COLA growth over the past twelve years. According to the analysis, the CPI changes that became effective by 2000 will cut more than ,000 of Social Security income from individuals who retired with average benefits over a 25-year retirement. "Chaining the COLA would further deepen the loss of benefits," says Larry Hyland, Chairman of TSC.TSCL is working with Members of Congress for the "Guaranteed 3% COLA for Seniors Act, introduced by Representative Eliot Engel. The bill directs the Bureau of Labor Statistics to prepare and publish a monthly CPI-E and uses it to calculate the annual Social Security COLA. And in the case when inflation is low, the bill would provide an annual COLA of at least 3%. … Continued
Blog State Legislatures Magazine Citizens Are The Stars Of Election 2016The good news is that key members of Congress now say they will push for surprise billing legislation to be part of the next bill that deals with the coronavirus emergency..The first change affects those who hit the Medicare Part D donut hole, or the gap in coverage that occurs after a beneficiary's total drug costs reach ,970 and before they total ,750. According to the Department of Health and Human Services, last year 2.8 million seniors who hit the donut hole saved an average of 7 on prescription drugs due to the Affordable Care Act. This year, Medicare will provide an additional subsidy to those who hit the coverage gap, resulting in an additional in savings for the average beneficiary..Does the Start of Obamacare Affect Me? … Continued