On Wednesday, Marilyn Tavenner, acting Administrator of CMS since 2011, was confirmed by the Senate with an overwhelming vote of ninety-one to seven. She is the first CMS Administrator to be confirmed by the legislative body in over nine years, but her confirmation did not come easily. Earlier this year, two Senators placed holds on her confirmation, delaying the process significantly..Retirees and disabled Social Security beneficiaries generally have different spending patterns than younger workers. Retirees spend less on gasoline, and a greater portion of their incomes on healthcare costs and housing. The lack of a COLA means that if other costs like prescription drugs increase, retirees have to dig deeper into their Social Security or savings..consider policies from companies that sell long-term insurance plans in.Could the annual Social Security cost-of-living adjustment be more fairly adjusted to provide a fixed annual dollar amount? If the dollar amount of the increase were to be based on middle income, then low- and middle-income beneficiaries would be on more equal footing, and higher income beneficiaries would not be hurt any worse than we typically are anyway like this year with a 1.3% COLA!.If adopted, H.R. 2787 would mandate the monthly formulation and publication of a consumer price index specifically for senior citizens for the purpose of establishing an accurate Social Security COLA for beneficiaries..There are better and more fair choices for indexing the COLA. The BLS also measures the price change experience of All Urban Consumers which covers about 88% of the U.S. population including retirees as well as younger people, and it even maintains a "senior-specific" experimental CPI, the Consumer Price Index for the Elderly, that our government has quietly tinkered with since 1983, but has never used to calculate the COLA..What is the "chained" CPI?."Auxiliary Beneficiaries Who Do Not Have Their Own Social Security Number," Social Security Administration Office of the Inspector General, September 2014, A-01-14-14036..You can also get one-on-one counseling and assistance in applying through your State Health Insurance Program. Find the contact for your area online at: shiptacenter.org.

Medicaid Issue Brief Supplemental Security Income For People With Disabilities Implications For Medicaid

The loss of buying power is an early indicator of whether the Social Security COLA will climb in the following year. Based on consumer price index data through May of this year, we estimate that the COLA for 2019 will be about 3.3%, the highest since 201However, that number could change, since there are still several months of price data to be released before the Social Security Administration announces the COLA in October..While Mr. Shkreli has become the poster boy for this price gouging, he is certainly not alone. These tactics are prominent throughout the entire industry. Drug company executives are buying life-saving drugs and increasing the prices astronomically to line their own pockets at the expense of some of the most vulnerable families in our nation..and puts the coverage of low-income older adults who receive Medicaid in jeopardy, including the majority of the nation's nursing home patients." … Continued

Thrive Creating Healthy Relationship Boundaries

Trustees Release Annual Financial Reports.The estimated depletion date for the Medicare Part A trust fund is 202At that time, program income will be sufficient to pay 90% of total scheduled benefits. The Part B trust fund is financed differently, with premiums and general revenue funding changing each year to reflect projected spending, so Part B is expected to be adequately financed "for the next 10 years and beyond.".Then in early 2018 when the 2017 payroll returns are filed by your employer, Social Security will verify how much you actually earned in 2017, and may repay any excess benefits that were withheld or let you know if they did not withhold enough. But beware! TSCL has learned of cases where these recalculations have been wrong and very time consuming to get corrected. … Continued

Contact Atavista Farm Today!