TSCL enthusiastically supports H.R. 1391 since it would strengthen the program without cutting benefits for seniors. We were very pleased to see support grow for it this week..When you claim benefits before reaching full retirement age, benefits are reduced by as much as 30%. But only one - in - three people even know their full retirement age - the age at which you can claim full, unreduced benefits. It's not surprising that most people claim benefits at 62, even though benefits are reduced. Eligibility to begin benefits at age 62 is the one piece of information about Social Security that most people know..As we said, TSCL is supportive of intentions of these, and other efforts on the part of both parties to lower prescription drug prices. However, we also have our own concerns..Providers would have to give patients information on their network status, costs of out-of-network care, options for in-network providers, and other insurance requirements generally 72 hours before an appointment. The notice would have to clearly state that consent is optional, and that the patient could seek care from an in-network provider..On Wednesday, the House Ways and Means Social Security Subcommittee held a hearing titled "Determining Eligibility for Disability Benefits: Challenges Facing the Social Security Administration." Members of the Subcommittee heard from several expert witnesses at the hearing, including Bea Disman, Marilyn Zahm, and Lisa Ekman..Tuesday Senators Grassley and Wyden announced legislation, The Prescription Drug Pricing and Reduction Act of 201The bill if adopted would save taxpayers more than 0 Billion, lower Medicare Beneficiaries out-of-pocket costs by Billion and premiums by Billion, according to the Congressional Budget Office. A hearing on Thursday of a key panel of legislators advanced the legislation out of the Senate Finance Committee despite close-call votes on controversial provisions, priming the legislation to be considered by the full Senate in the fall..We must provide the basic benefits that our seniors count on, regardless of the ups and downs of the economy. In addition to my legislative proposal, I co-sponsored Congressman Earl Pomeroy's Seniors Protection Act, which would have provided a 0 payment to help beneficiaries cover rising costs of Medicare, prescription drugs, and other necessaries. Unfortunately, despite the President already budgeting for it, the House of Representatives did not enact this one-time payment to seniors, veterans, and people with disabilities who receive Social Security to help them make ends meet during this tough time. This payment would have assisted those 54 million vulnerable individuals nationwide. However, this would have been just a short - term solution to the lack of COLA. I will continue to fight to make sure that Congress passes a long-term solution to the manner in which the COLA is calculated..SSA Announces 2018 COLA.Editor's note: We regret the passing of Representative Elijah E. Cummings, who died October 17, 201He will be remembered for many things, including his stand on cutting high healthcare costs for American families.

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Congressman John Garamendi, the sponsor of the bipartisan CPI-E Act, recently said: "Using a Consumer Price Index that actually reflects how retirees spend their money especially in health care is a no-brainer that will increase benefits and make Social Security work better for the people it serves.".This week, TSCL also proudly endorsed the Seniors Have Eyes, Ears, and Teeth Act, a bipartisan bill from Representative Lucille Roybal-Allard and 130 cosponsors in the House. If adopted, the bill would expand Medicare coverage of hearing, vision, and dental services. Currently, Medicare is prohibited from covering these critical health services, and many older Americans living on fixed incomes cannot afford to pay out-of-pocket for them..Increasing the frequency of Continuing Disability Reviews. Additional funding for CDRs, which are conducted periodically to determine if enrollees still qualify for DI benefits, would return significant savings to the program according to recent projections. … Continued

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The prospects for an adequate Cost-of-Living Adjustment boost for 2013 are dimming. The rate of inflation, as measured by the Consumer Price Index, is decelerating at the fastest pace in three years. A low COLA would leave the seniors, especially those with the lowest Social Security benefits, with less money to cover Medicare premiums that are automatically deducted from monthly payments..Learn if there's an older, less expensive drug that you can try first. If you have a copy of your drug plan's formulary you may want to take that with you to the doctor's office to assist with checking an alternate medication, and what you will pay out-of-pocket..The bill would also repeal the medical expense deduction, which is essential for older Americans who disproportionately experience high medical costs for prescription drugs, medical equipment, or services like nursing home care. Around 5 million taxpayers over the age of sixty-five rely upon the tax deduction when their out-of-pocket medical costs total more than 10 percent of their annual income. Its elimination would be a major loss for older Americans who are living on fixed incomes and are facing catastrophic medical costs. … Continued

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