One TSCL concern remains regarding the possibility of some seniors losing their prescription drug coverage from their former employers. Therefore, we supported incentives to help businesses continue to cover their former employees. We will continue to monitor this development to help ensure that retirees are given the option to maintain coverage that they are used to and prefer..The Social Security Trust Fund is the single biggest government account to which the U.S. Treasury owes money, with obligations currently totaling about .8 trillion dollars. From the mid 1980s until 2010, the Social Security Trust Funds received more revenues than required to pay benefits. Under current law, when surplus revenues are received, the Treasury issues special bonds or I.O.Us to the Trust Funds and excess revenues are used for other government spending. The government is required by law to pay interest on those I.O.U bonds..It can happen because the patient got treated by a doctor not on the list of providers that contract with that person's health plan to provide care at negotiated rates. This can happen on visits to a hospital emergency room, when there's no option of which doctor to see, for example..than via an ambulance gurney. Starting this year, Medicare covers a yearly.It's not perfect - we still have a year to go before implementation starts. However, starting in 2022, consumers will no longer receive surprise or "balance bills" when they are unknowingly treated by out-of-network providers. Patients will pay only the deductible and copayment amounts they ordinarily would under the in-network terms of their insurance plans. Medical providers will not be allowed to hold patients responsible for difference between the amount they get and the higher fees they would like to charge. Instead providers will have to work that out with insurers..In last week's update we told you about the pending retirement of Senator Lamar Alexander, who has been a champion of legislation to end surprise medical billing. We feared the effort to end the practice would now be more difficult in Alexander's absence..Recently, I received my letter from Social Security telling me that I've reached my full retirement age and I can start unreduced benefits. The letter itself devotes a mere two sentences to the most valuable thing everyone needs to know - that Social Security benefits increase by 8% for each year one delays benefits up to age 70. Eight percent per year is an incredible guaranteed rate of return that would be very difficult to achieve almost any other way..Americans everywhere agree: Social Security is not an entitlement; it is a benefit that seniors earn through decades of work. According to the Social Security Administration, approximately 65 million Americans received Social Security benefits in 2020 and of those 65 million, 72 percent were retired workers and dependents..When the Senate does return on Sept. 8 the first thing on its agenda will be to continue confirmation hearings on President Trump's nominations of judges to the federal judiciary. But the Senate has yet to pass one funding bill for the federal government for FY 2021 which begins Oct. 1.

Health Costs Issue Brief Dental Hearing And Vision Costs And Coverage Among Medicare Beneficiaries In Traditional Medicare And Medicare Advantage

TSCL enthusiastically supports the PRIME Act and the Social Security Fairness Act, and we were pleased to see support grow for both of them this week..Heating and cooling: According to TSCL's Annual Survey of senior costs, residential fuel oil has been the fastest rising expense for more than a decade. According to the U.S. Energy Information Administration, a 250-gallon delivery of home heating oil this season may cost more than With the average monthly Social Security payment around ,100, that's a cost few seniors can afford and still have something left over for groceries. Take time to survey suppliers in your area and compare costs. Do ask for a senior citizen discount and learn the supplier's payment options. Financing your heating fuel through the supplier may give you smaller, more manageable payments, but you will pay financing fees and interest. With interest so low on savings, it sometimes makes sense to pay in full when you can to save financing charges..According to studies performed for TSCL, many Notch Babies, particularly those who rely on Social Security for most, if not all of their income, are at risk for living near or below the federal poverty level. For example, Notch Babies who retired in 1984 at age 65 with average benefits of 0 per month would receive about ,839 this year. In the 48 contiguous states and Washington DC, that's only 8% above the federal poverty guidelines. … Continued

Health Conditions And Treatments Eat Healthy Appetizers And Snacks Watermelon And Herbed Goat Cheese Bites

Senate Passes Permanent SGR Repeal.The stakes are high for retirees, who want Congressional action. Eighty eight percent of those of you who took our 2021 Senior Survey want Congress to reduce prescription drug costs by allowing Medicare to negotiate prices. Congressional inaction would cost all of us dearly, if lawmakers fail to take action to boost Social Security benefits and enact reforms that would strengthen Social Security's financing for decades to come..The Ryan Budget would not only force seniors to pay more for their healthcare but it would reopen the Medicare prescription drug 'donut hole,' forcing many seniors to pay more for their life-saving prescription medications. … Continued

Contact Atavista Farm Today!