The coronavirus has hit older Americans particularly hard and sent tens of thousands of Medicare recipients to hospital emergency rooms and intensive care units. That type of care comes with particularly pricey out-of-pocket costs which we expect will drive up Medicare Part B spending for 2020. We.Benefit Bulletin: March/April 2020 What to do When You Can't Afford Medicare Premiums.This week, one House subcommittee met to discuss the Social Security benefits of public servants like teachers, police officers, and firefighters. In addition, The Senior Citizens League announced its support for one new bill..Increasing the payroll tax rate. Survey results have also shown strong support for a gradual increase in the payroll tax rate from 6.2% to 7.4%. An increase of that size would amount to an extra 50 cents per week for the average worker an amount that most feel is fair and practical..As FDR once said, "The only thing we have to fear is fear itself--nameless, unreasoning, unjustified terror which paralyzes needed efforts to convert retreat into advance." We will learn the lessons your generation has taught us and not give in to fear. With your support, we will preserve that which we promised and leave a legacy to our posterity..for home care, adult day care, as well as assisted living and nursing home care..Nearly twenty new initiatives were revealed at Monday's conference. In his speech, President Obama announced one that will encourage workers to save more for retirement by helping states create new workplace-based savings opportunities. Currently, around one-third of all employees do not have access to a workplace retirement plan. The initiative announced on Monday will "provide a clear path forward for states to create retirement savings programs" by the end of this year, President Obama said..Will Social Security Changes Affect Our Plans?.On Wednesday, the Senate Special Committee on Aging convened to hold a hearing titled "Stopping Senior Scams." At the hearing, members of the committee released this year's Fraud Book, which details the ten most common scams reported to the committee's fraud hotline. In 2017, the hotline received calls from more than 1,400 seniors who were the victims of robocalls, lottery scams, grandparent scams, and romance scams, among many others..Divide family size-packages into single servings: You can't afford to buy big packages every week, but with careful planning you might be able to buy one big package of something once a month and get enough portions to feed you for two months. Soon after purchasing divide your family pack into smaller individual portions and freeze or store appropriately. Hint: Use a good cling film and wrap individual portions. Freeze in reusable zipper bags. Mark with contents and date.

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Following the reception, the Board of Trustees and TSCL's legislative team spent the afternoon meeting with six Members of Congress and their top aides. Support was expressed for a number of key bills, including the Consumer Price Index for Elderly Consumers Act, the Notch Fairness Act, and the Social Security Fairness Act, among others..Small market. The companies controlled drugs through a closed distribution system or specialty pharmacy where the drugs could not be obtained through normal channels or other means..The Supreme Court has agreed to hear another Obamacare challenge in February or March. The outcome could have enormous financial impact on millions of people who purchased their health insurance through, the online federal health insurance exchange. … Continued

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"Already in 2020, the companies' PACs have donated .62 million to individual candidates or their affiliated committees. The companies directed another .59 million to broader political groups like the Moderate Democrats PAC or the National Republican Senatorial Committee, and to other drug industry PACs, including PhRMA's.".The 2020 Medicare Trustees report recently estimated that the Hospital Insurance Trust fund will become depleted in six more years - 202"But the high level of hospitalizations due to the coronavirus for seriously ill Medicare patients may shorten the life expectancy of the Medicare Trust Fund," Johnson says.."Pfizer's political action committee alone contributed to 228 lawmakers. Amgen's PAC donated to 218, meaning that each company helped to fund the campaigns of nearly half the lawmakers on Capitol Hill. Overall, the sector donated million. … Continued

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