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In addition, one new cosponsor Senator Kamala Harris signed on to the Social Security Expansion Act from Senator Bernie Sanders. The cosponsor total is now at three in the Senate. If adopted, the bill would strengthen and expand the Social Security program by basing COLAs on the CPI-E, increasing monthly checks by per month, and improving the Special Minimum Benefit. It would cover the cost of these changes and strengthen the solvency of the trust fund by applying the payroll tax to income over 0,000 and applying a 6.2 percent tax on investment income for wealthy individuals..Lawmakers Debate Spending Bill, Immigration.How Social Security Can Be Fixed Without Deep Cuts.This cost shift hits includes retirees with the lowest incomes. Specifically it hits their state Medicaid budgets that pay Part B premiums for low-income Medicare beneficiaries - about 19% of all Medicare recipients. If Medicare Part B premiums go up by more than .40 per month in 2021, that would add yet another fiscal shock to state budgets that are already strained to the limit due to the coronavirus pandemic..I'm diabetic and get my blood testing supplies via mail order. When I called to order my next shipment I was told I would have to pay the full cost of supplies and my credit card was charged. I thought Medicare covered the cost..How the Categories Compare Between the CPI-W and the CPI-E.By Representative Rodney Davis.In a separate report, the CDC responded to concerns about deaths being misattributed to Coved-1The agency took a close look at death certificates, finding that most that listed Covid-19 also named other contributing problems. They included conditions such as diabetes, known to increase the danger of severe disease, or conditions such as pneumonia that occurred in the chain of events leading to the deaths..Legislation to lower prescription drug prices is a top priority of TSCL's this year and we continue to monitor things very closely and work to pass legislation that will lower drug prices in a substantial way.

Health Reform Issue Brief How The American Rescue Plan Will Improve Affordability Of Private Health Coverage

Tell us what you think! It's time for the TSCL's 2019 Senior Survey. This is your opportunity to let us know what you think about major proposals affecting your benefits. Tell us how rising costs are affecting you. The answers to these questions help us inform journalists, the public, and Members of Congress on how older Americans are faring in retirement today. Your participation is helping to change the national dialogue on the adequacy of Social Security benefits, and throwing a spotlight on the growing problem of the ability of COLAs to maintain the buying power of your benefits..A growing number of Medicare beneficiaries are choosing to receive their coverage through private Medicare Advantage plans, rather than traditional Medicare with a Medigap supplement and Part D plan. The choice requires careful evaluation of costs and an understanding of how the prospective Medicare Advantage works, because once you give up your Medigap plan, you probably won't be able to get another one, or if you do, you could be charged significantly more. No matter what you decide, you will still be required to pay the Part B premium..TSCL recently endorsed The BASIC ACT introduced by Senator Christopher Murphy that would pay the deceased beneficiary's Social Security benefits for each day a recipient lives. The bill would send the beneficiary's estate a check for the days lived in the final month. The legislation would also increase the size of the Social Security death payment from 5 to 50% of the deceased beneficiary's typical monthly Social Security income with 5 as the minimum payment. As currently structured, the legislation would cost an estimated 0 million each year. … Continued

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Medicare fraud, waste, and abuse costs about billion a year. What type of measures do you support to put a stop to this loss of Medicare finances?.Earlier this fall, the U.S. Energy Information Administration projected that home-heating fuels would cost about 20 percent more during the upcoming heating season, but the most recent Consumer Price Index data from October 2017 through October 2018, released by the Bureau of Labor Statistics, indicates that heating-fuel costs appear to be climbing even faster and are now 26.2 percent higher than October 2017..The Republicans on the committee include: Sens. Jon Kyl, John Barrasso, and Mike Crapo ; and Reps. Tom Price, Nan Hayworth, Renee Ellmers, Dave Camp, Fred Upton, Tom Reed, Kevin Brady, and Greg Walden. … Continued