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If you are having trouble affording costs as they are in 2014, premiums and possibly some of your out-of-pocket costs may be higher in 201If your premium subsidy remains unchanged, that would mean it would be up to you to cover increased costs..The resolution outlines more than trillion in spending cuts, calls for a repeal of the Affordable Care Act, and asks the committees of jurisdiction to come up with more than 0 billion in Medicare savings. If fully implemented, it would balance the budget within a decade..The other alternative will be a "continuing resolution," know as a "CR," something that has happened so many times before in recent history when Congress has not been able to get its work done on time..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..This week, the House Budget Committee advanced a budget resolution that would reform the Medicare program, and the Senate Aging Committee met to discuss the trajectory of Alzheimer's disease. In addition, three key bills gained support in Congress..TSCL is working to develop legislation that would ensure greater retirement security for older Americans by providing a modest boost in benefits. TSCL believes that a boost can be provided if Congress would raise the taxable maximum earnings that are subject to Social Security taxes - requiring all workers to pay their fair share..Scientists in China, Kazakhstan, India, Russia, Germany, Sweden, and the United States have brought 10 potential COVID-19 vaccines to the point where they are being evaluated in humans in some form. Another 115 are considered by the World Health Organization to be in the "preclinical" stage of development. In some cases, these preclinical vaccine candidates are scarcely off the drawing board. In others, they are still being tweaked or tested in cells. Some are being tried in lab animals..Is Dental Insurance Worth The Money?.Never allow anyone into your home to check electrical wiring, natural gas pipes or appliances unless you have scheduled an appointment or have reported a utility problem. Also, ask utility employees for proper identification.

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Medicare Part B premiums were found to be the fastest growing cost for seniors, increasing by 195 percent over the eighteen-year period. Average out-of-pocket spending on prescription drugs followed closely behind, increasing by 188 percent. Meanwhile, between 2000 and 2018 the COLA increased Social Security benefits by only 46 percent..TSCL believes modestly higher retirement benefits are needed by a majority of people at or nearing retirement. A number of national studies indicate that millions of older Americans are entering retirement without the financial resources to cover retirements that may stretch 30 years or more. A 2015 report from the U.S. Government Accountability Office that says about one - half of households 55 and older have no retirement savings, and many of those that do run the risk of falling short of income..Find low-cost vet services in your community Non-profit humane societies and SPCAs often organize low-cost vaccinations, spay/neuter surgery, and sometimes other services. Call your local animal shelter to find out if there's a program in your area. … Continued

Larry Levitt

TSCL agrees that legislative action is needed soon in order to avoid harsh benefit cuts for Social Security beneficiaries. In the months ahead, we will continue to advocate tirelessly for legislation like the Social Security 2100 Act, which would strengthen the financing of the program for decades to come while also strengthening benefits for those who depend on them the most. For progress updates, follow TSCL's legislative team on Twitter, or visit the Legislative News section of our website..For more information about the Seniors Have Eyes, Ears, and Teeth Act or to view a list of bills endorsed by The Senior Citizens League in the 116th Congress, visit the Bill Tracking section of our website..This includes, among other things, legislation to strengthen the long-term viability of both Social Security and Medicare; lowering the costs of prescription drugs; enacting a fair COLA that takes into account the actual cost of living increases seniors face; Social Security Notch Reform; stopping any cuts to Social Security, Medicare or Medicaid, or to the COLA that may be proposed; enacting legislation to provide for dental, vision and hearing coverage for seniors. … Continued