Health Conditions And Treatments Eat Healthy Desserts Chocolate Dipped Pretzel SticksOne of the first steps in bringing down prices is demanding transparency from the many players in the prescription drug supply chain. Many experts point to pharmacy benefit managers as potentially contributing to rising list prices and out-of-pocket costs. PBMs are the veritable middlemen of the drug industry - they serve as intermediaries between drug manufacturers, health insurers, and pharmacies. Some believe that, during this process, drug makers are forced to raise the list prices of their drugs just so they can offset the costs of rebates paid to these PBMs..Opinions expressed in "Congressional Corner" reflect the views of the writer and are not necessarily those of TSCL..In addition, three new cosponsors Reps. Beto O'Rourke, Ralph Hall, and Brad Sherman signed on to the Social Security Fairness Act this week, bringing the total up to ninety-eight. If signed into law, the bill would repeal the Government Pension Offset and the Windfall Elimination Provision two provisions that unfairly reduce the earned Social Security benefits of millions of state and local government employees each year. … Continued
Blog International C34 2Wednesday's report also revealed a new projection for next year's Social Security cost-of-living adjustment. According to the Consumer Price Index for Urban Wage Earners, consumer prices have been lower this year than they were last year, which means there will likely be no COLA come January. Automatic COLAs were adopted forty years ago and so far, beneficiaries have gone without annual increases only twice in 2010 and 2011..Lifting the maximum taxable wage cap so that wealthy individuals pay Social Security taxes on more of their income. Currently, annual income over 8,500 is not subject to the payroll tax..Call your Member of Congress at. … Continued