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Second, one new cosponsor Representative Sean Patrick Maloney signed on to the Medicare Drug Price Negotiation Act, bringing the total up to twenty. This bill, if adopted, would reduce prescription drug prices for older Americans by requiring the Secretary of Health and Human Services to negotiate lower covered Medicare Part D drug prices on behalf of beneficiaries..Will Social Security benefits be increased fairly to provide adequate cost-of-living adjustments ?.and inexpensive generics but she suffered from extreme fatigue and depression..My husband and I are not yet 65 or enrolled in Medicare. We are still working primarily so we can get health insurance coverage through our employers. We're worried about the effect of "Obamacare" on our insurance premiums and whether our employers will drop coverage. Will Members of Congress give up their taxpayer-funded healthcare benefits? I think they should be required to get Obamacare benefits like the rest of us!.Most people don't realize how much money they give up by claiming benefits at age 6For example, consider a woman entitled to a monthly benefit of ,500 at her full retirement age of 6Assuming she lives to age 95 and receives cost-of-living adjustments of about 2.3%, she would receive 8,665 over the course of her retirement. Her final monthly benefit payment would be ,827..While that part is good news for consumers, TSCL is closely watching to see how these changes may impact Medicare Advantage premiums and emergency room co-insurance costs. And unfortunately, drug costs are likely to continue to shock us unless Congress takes action to address that next!.Mulvaney explained that the goal of the proposed cut to SSDI is to "test new approaches to increase labor force participation," which suggests that large numbers of ineligible people are abusing the system and need to go back to work. While Social Security disability has well-publicized problems with fraud and abuse, it's important to note that eligibility standards for Social Security disability mean that a person must have a condition so severe that he or she is not able to work. Thus, someone who truly meets the eligibility standards for disability, is not likely to ever re-enter the workforce..The revenues raised from the taxation of Social Security benefits are used to pay Social Security and Medicare benefits. In 2017, the Social Security trust fund received .9 billion of its 5.6 billion in revenues from the taxation of benefits and the Medicare trust fund received .2 billion of its 9.4 billion in revenues..This week, Members of Congress continued to focus on a series of fiscal 2015 appropriations bills including one that would provide funding for the Social Security Administration and the Centers for Medicare and Medicaid Services. In addition, The Senior Citizens League announced its support for a new piece of legislation, and two key bills gained cosponsors.