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..The sharp plunge was the result of changes that Congress made in 1977 to a Social Security benefit formula glitch that over-adjusted for inflation. At the time, Social Security actuaries forecast that if left unchanged, some groups of future retirees would receive benefits that would be even higher than their average earnings during their working years. Social Security was almost insolvent..According to the Federal Register "Amounts collected under section 1411 are not designated for the Medicare Trust Fund. The Joint Committee on Taxation in 2011 stated that's because No provision is made for the transfer of the tax imposed by this provision from the General Fund of the United States Treasury to any Trust Fund.".you get your new prescription, ask your doctor or pharmacist for a complete list.We must work together to increase the support for this legislation that currently has over 200 cosponsors for the first time in years. Help me by calling your own member of Congress and asking them to cosponsor H.R. 141..New Co-Sponsors Added to Key Bills.Recently we asked for your stories and comments on how rising prescription drug costs impact you. The following story illustrates new administrative efforts by Medicare to "educate" beneficiaries about their options for less expensive prescription meds, by sending out letters listing lower cost medications. The question we need to ask our lawmakers is why is this necessary? Does the Center for Medicare and Medicaid Services believe we are impoverishing ourselves by using more expensive drugs if a less expensive alternative was effective, to begin with? Unfortunately, sometimes the older, less expensive drugs don't work as well, and with metastatic cancer drugs, quality of life can be at stake. Our sincere thank you to Janice S. a retiree living in Illinois, for sharing the following..These provisions are outdated and unfair to many seniors, and it's time to repeal them. Workers who paid into Social Security and their spouses should not be penalized and lose earned benefits for working in public service and the private sector. If you paid into Social Security, this is your money, not a government entitlement or subsidy..Although Medicare has an annual Open Enrollment period, when beneficiaries can compare drug plans and switch to lower costing drug plans, few retirees actually do so. "In most areas of the country, the Medicare beneficiaries have more than two dozen Part D plans to sort through, and the average person just don't know where to begin, or that free, unbiased help is available," Johnson says. "Consequently, Medicare beneficiaries winds up overpaying for prescriptions that could be obtained for a lower cost from a different drug plan."

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With no effective treatment in sight, and no indication that the coronavirus will "magically disappear," as the President has frequently predicted, a vaccine will be "the ultimate game changer" in the pandemic, according Dr. Anthony Fauci, the nation's leading expert on the outbreak. "There's never a guarantee of success," Fauci said. But he added that he was "cautiously optimistic" that by winter, at least one of nearly a dozen promising vaccine candidates would have shown itself to be safe and effective in inducing immunity in humans..The Social Security taxable maximum is tied to the wage index, but according to the Congressional Budget Office, the limit on the amount of wages that can be taxed has not kept up with the growth of wages of the most highly paid workers. Because wages for high - income earners are growing faster than for other workers, the taxable share of the nation's earnings subject to Social Security payroll taxes is falling - from 90 percent in 1983 to 82 percent in 201The trend is forecast to continue, with the CBO projecting the share of earnings subject to payroll taxation to drop to below 78 percent by 2026..TSCL will be keeping a close eye on this subject because we know that so many seniors and their families are desperately hoping there will be some new breakthrough that will effectively treatment Alzheimer's and other forms of dementia. But the cost of this drug is so expensive, and it could have a major impact on the Medicare budget that already is in critical financial condition. … Continued

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The government negotiates prescription drug prices for Medicaid and for veterans, but it is barred from doing so for Medicare Part D beneficiaries. As a result, senior citizens enrolled in Part D often pay much higher prices for their prescriptions than other Americans. Will you support the bipartisan Medicare Prescription Drug Price Negotiation Act ?.Nonetheless, TSCL will not let the Senate forget that the need to pass legislation to help bring down the prices of prescription drugs must not be set aside because of the coronavirus threat. Many, many seniors are at risk because they can't afford the drugs they need, and the situation must be dealt with now..Was your surgery for an inpatient or outpatient procedure? Even when you spend one or more nights in the hospital, that doesn't automatically make you an inpatient. Ask your hospital or facility's billing department. Whether the service is provided as an inpatient or outpatient is important, because it will be billed differently. If your elective surgery was an outpatient procedure and your anesthesiologist billed it as an inpatient service, or vice versa, then Medicare or your health plan may reject the bill. If an error was made, ask your anesthesiologist to correct the bill and resubmit it. … Continued

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