That matters because there are two other legislative measures the Democrats want to pass before the end of this month: President Biden's infrastructure bill and a reconciliation bill. The reconciliation bill is what will set the parameters for funding the government for the next fiscal year..This week, lawmakers in the House passed legislation to repeal the controversial Independent Payment Advisory Board, and The Senior Citizens League announced its support for one new piece of legislation.."Americans' Financial Worries Edge Up In 2016," Gallup, April 201"You Might Need Nearly 0,000 To Pay Health-Care Costs In Retirement," Robert Powell, Market Watch, February 6, 2017..What can you do? Share this story. If you or someone you know was born in 1960, contact your Members of Congress! Let your Representative and Senators know that you are concerned about the permanent 9% cut that would affect the retirement benefits of everyone born in 1960. We can make Social Security more equitable, but it takes working together to make that happen..New Concern About Cuts to Medicare.H.R. 1030 has been referred to various committees including the House Ways and Means Committee for further consideration. In an effort to be of all possible assistance to you, I have taken the liberty of sharing your support for this legislation with my colleagues on the committee. As they continue to review the Consumer Price Index for Elderly Consumers Act, you can be sure they will keep your views in mind..Bill to Give Free Vaccines for Seniors."The bottom line is that Medicare Part B premiums rise several times faster than COLAs, and those premiums are now high enough to cause the net Social Security benefits of millions of people to remain flat for years at a time," Johnson says. "We are at the point where this is affecting far more people than anyone ever anticipated, and it's a red flag that Medicare premiums are increasing too fast, while Social Security benefits are not adequately keeping pace," she explains..Based on consumer price index data through May of this year, TSCL's Social Security policy analyst and study author, Mary Johnson, estimates that the COLA for 2018 may indeed be significantly higher than in recent years - around 1.9% - 2.1% - but that could change since there are still several months to go before the COLA is announced in October.

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Support Grows for Key Bills.According to Representative Roybal-Allard, almost 80 percent of those over the age of 80 suffer from hearing loss, which leads to serious injuries and health problems when left untreated. In addition, nearly 70 percent of older Americans currently have no dental insurance coverage. In a letter of endorsement, Art Cooper Chairman of TSCL's Board of Trustees wrote: "It is essential for older Americans to receive the preventive care and treatment that is needed to maintain their dignity and ensure good health in retirement … Your bill would improve access to care for millions of older Americans, and we believe it would go a long way in ensuring the retirement security senior citizens have earned and deserve.".Enrollment in the demonstration program far exceeds early target of 1–2 million beneficiaries set by the Centers for Medicare and Medicaid Services. If all 26 state proposals are approved, approximately 3 million dual–eligible beneficiaries, about 40 percent of seniors who receive both Medicare and Medicaid, would be automatically enrolled into new managed–care plans. … Continued

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All of this adds up to less money for retirement, and greater dependence on Social Security as insurance against retirement savings that are so closely tied to the value of equities and housing. "This situation was caused by COVID-19 and illustrates why Congress needs to strengthen Social Security and Medicare benefits," Johnson says. The Senior Citizens League supports legislation that would boost Social Security benefits for all retirees and supports legislation that would lower Medicare costs..Get your health expense records up to date and review the Annual Notice of Change from your current plans: Drug and health plans send out their Annual Notice of Changes for 2022 in September through October of this year. Review those details to learn what might affect you in 202Start a list of costs, break down what you will pay for all premiums, any out-of-pocket costs that you typically pay. List what you spend out - of - pocket on dental, vision and hearing services, as well as any expenses such as eyeglasses and hearing aids. If you are comparing current Medigap coverage with Medicare Advantage, you will need to know what sort of services you are using and what you typically pay out - of - pocket now for those services, if anything. Worksheets maintained for tax purposes, statements, check registers may be an excellent source of this information..Out-of-network emergency services, which would include services furnished after a patient is stabilized unless notice and consent criteria are met. … Continued

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