Blog Nebraska Election Tech Committee Meets To Consider OptionsTSCL agrees that the WEP and the GPO must be repealed as soon as possible so that public employees receive the retirement benefits they have earned and deserve. We look forward to working closely with Sen. Brown in the coming months to help build support for his important new bill..If signed into law, the Strengthening Social Security Act would amend title II of the Social Security Act to adjust the benefit formula, resulting in a more generous monthly Social Security benefit. It would also change the way that cost-of-living adjustments are calculated by adopting a Consumer Price Index for the Elderly, and it would lift the cap on income subject to the payroll tax..The last time no COLA was payable, was in 201The Medicare Trustees had estimated Part B premiums would increase by an unprecedented 52%. Congress enacted legislation that limited the premium increase to 16%, but also required a per month "repayment" to make up the difference in subsequent years. After deduction for Part B premiums, roughly half of all beneficiaries saw no growth in their net Social Security benefits from 2016 until 2019, when there was a 2.8% COLA, according to TSCL's annual surveys. … Continued
United Hospital Services Spine CareHow would the healthcare replacement legislation in Congress affect homecare and long-term care services covered by Medicaid? My 44-year old son was born with cerebral palsy and is homebound. He receives both Medicare and Medicaid. My mom, age 93, also lives with me. My husband and I still work. We are in our 60s.."What's the Latest on Medicare Drug Price Negotiations?," Kaiser Family Foundation, July 2019..Check your health plan's "out-of-pocket" maximum and budget a little more annually for emergencies: Traditional Medicare has no limit on out-of-pocket spending for hospital or doctors' services. But Medicare Advantage plans have annual out-of-pocket limits. On average, the out-of-pocket limits for Medicare Advantage plans is ,037 this year, but limits can be as much as ,700. Check the booklet that came with your plan, or call your plan's customer service number. It's a good idea to budget more than the out-of-pocket maximum for goods and services not covered by Medicare or your plan. For example, your plan may cover eye exams but not glasses. It's also good to have more the out-of-pocket maximum set aside in case you should ever require hospitalization. … Continued
