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The report looked at five prescription drugs and found that drug companies slightly alter the formulas in those drugs, allowing them to extend their patents on the new formulations, and delay the move to the generic drug marketplace..Legislation to help "Notch Victims" is Introduced.In 2016, seniors who depend on Social Security to make ends meet received no annual cost of living increase. Social Security is supposed to be indexed to inflation so that when prices go up, benefits go up too. But Congress's formula isn't geared to what older Americans actually spend. So even though the cost of core goods and services has gone up, seniors who are already struggling to scrape by to cover rent and exploding prescription drug prices, are scrambling..To offset the increased spending, the proposal calls for approximately 0 billion in health care savings, with most coming from within the Medicare program. Under the President's plan, more beneficiaries would be subject to means testing and they would see higher premiums for Parts B and D. In addition, new beneficiaries would need to pay a copayment on home health care services, and they would also be faced with a surcharge on premiums for Medigap plans.."The measure would generally limit surprise billing in the following circumstances:.To learn more about the programs contact your local Medicaid office or call and ask about programs, that help pay for your Medicare premiums..Members named to Congressional Conference Committee.Congress made a big deal over "No Budget No Pay" earlier this year. But what happened since? Was a budget ever passed? Is Congress getting a paycheck this year?.Second, one new cosponsor Senator Debbie Stabenow signed on to the bipartisan Beneficiary Enrollment Notification and Eligibility Simplification Act, bringing the cosponsor total up to three. If adopted, S. 1909 would simplify and modernize the complex Medicare enrollment process.

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Immigration law forbids working in this country without legal authorization and a Social Security Number. Yet millions of "undocumented" immigrant workers are earning income. Illegals often get jobs by using illegally obtained, forged, or invalid Social Security numbers. Employers in turn withhold payroll taxes and report the earnings to the Social Security Administration using those numbers. When the numbers don't match up with the numbers issued by SSA, they go into a special file called the "Earnings Suspense File." Valid numbers issued from the U.S. government are also misused..[2] "How Much Is Enough? Out-of-Pocket Spending Among Medicare Beneficiaries: A Chartbook," Kaiser Family Foundation, July 2014..In fact, unlike the additional Medicare tax on high earners, this 3.8% net investment tax was not even a specific provision of the Affordable Care Act. It was a provision of a separate bill, the Health Care Education and Reconciliation Act of 2010 which was passed about two days after the Affordable Care Act. By setting up the revenues so that they would flow to the General Fund, Congress by-passed earmarking those revenues for Medicare Part A or Part B Trust Fund. That means when the funds are used for other government spending, the Medicare Trust Funds are not earning any interest from the federal government for the use of those funds. … Continued

Health Reform Perspective The Health System Appears To Be Selling Lgbt People Short

I will be 66 in April and still work at a small company. I get my healthcare through a Medicare Advantage plan. I've learned I will need to have surgery and expect to have extensive out-of-pocket health care expenses this year. In order to cover my healthcare costs, would I do better by taking money from my retirement savings in order to delay starting Social Security or should I start Social Security retirement benefits now to reduce what I need to take from savings?.The letter you received from Social Security should indicate a deadline for your response. If you have missed the deadline, act quickly and contact Social Security requesting an extension. You may indeed learn there is an error and be able to correct the amount of money to be withheld. In addition, when you check your earnings record, you may need to contest earnings that don't belong to you..TSCL supports a number of bills that would tie the COLA to the Consumer Price Index for Elderly Consumers. To learn more, visit online at. … Continued