Those born during the Notch period "saved Social Security" by receiving lower benefits for the rest of their lives. They are the generation that fought and sacrificed during World War II. Now, although they receive lower benefits, they are among the senior age group hit hardest by escalating health care insurance premiums and prescription drug costs..While most prescription drugs are paid for by beneficiaries and their Medicare Part D plans, Medicare Part B spends about billion on pricey drugs that must be given intravenously or by injection by trained healthcare professionals. Medicare pays the healthcare provider the average sales price, plus 6% for the costs associated with the purchase and storage of the medications. For example, if a drug costs ,000, the doctor would receive an additional 6% payment, or , but if a similar drug costing ,000 were used instead, the doctor would receive 0 instead..If you own a pet and have been to the vet lately, the bill may have taken a big bite out of your budget. Like human healthcare, the cost of vet services is growing several times faster than inflation. But unlike human healthcare, the cost of vet services has been growing even faster than the cost of medical services from your doctor 68% faster in 2013 alone. And although you may have Medicare or some other type of health insurance for yourself, chances are you don't have health insurance for your pet meaning you foot 100% of the vet bills..The opinions expressed in "Congressional Corner" reflect the views of the writer and are not necessarily those of The Senior Citizens League..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..Coronavirus vaccine by this winter? Maybe, but do not get your hopes up too far..To find contact for your Members of Congress or to sign a petition, visit the ACTION CENTER of our website. To find information on key bills and issues, click HERE..By Representative Mike Garcia.I was diagnosed with cancer in 2019 which required surgery and considerable follow-up treatment. I also required extensive dental work during the year. My medical and dental expenses alone totaled more than ,000, and that does not include my husband's premiums and out-of-pocket costs, which were close to ,000. Will we be able to deduct these expenses on our income taxes? We were unable to deduct our routine medical costs last year.

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TSCL strongly believes that inaction on addressing Social Security's financing challenges is putting the benefits of tens of millions at risk. The closer we come to the Social Security depletion dates, the more difficult it will be to find a solution to strengthen program finances. With the coronavirus recession, the depletion date may arrive sooner than anyone ever expected..My husband passed away on March 31st. I was told that I have to return his entire Social Security payment for the month of March. Can this be true? This is an unfair and callous policy. Bills were incurred during the days that he was alive. Returning the check creates a financial hardship since every bit of it was spent on his healthcare, not to mention the costs of his funeral!.They wrote: "We have worked together on bipartisan legislation that would address skyrocketing prescription drug prices … While we pursue these legislative efforts in Congress, we strongly encourage you to take executive or administrative action to reduce the ever-increasing financial burden of prescription drugs for millions of Americans." … Continued

Private Insurance Perspective Yes The Trump Administration Promotes Consumer Choice For Healthy People

Another major hurdle was about how to classify .5 billion in veterans' health spending through the VA Mission Act - legislation that Trump himself has championed. The chairmen/women of the Congressional committees that deal with government funding originally agreed to classify that money as "emergency spending" because then it would not violate the overall spending limits Congress has previously agreed to..Re.Second, Concentrating on High-value Alzheimer's Needs to Get to an End Act of 2018 ​ gained one new cosponsor this week in Senator Chris Van Hollen. The cosponsor total is now up to four. If adopted, S. 2387 would direct the Centers for Medicare and Medicaid Services to create programs that would promote early identification of Alzheimer's disease, improve support for family caregivers, and provide continuous care for those battling many forms of dementia. … Continued

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