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two separate apartments, consider renting a portion of your home, or following a.Senate Passes Permanent SGR Repeal.One of the first steps in bringing down prices is demanding transparency from the many players in the prescription drug supply chain. Many experts point to pharmacy benefit managers as potentially contributing to rising list prices and out-of-pocket costs. PBMs are the veritable middlemen of the drug industry - they serve as intermediaries between drug manufacturers, health insurers, and pharmacies. Some believe that, during this process, drug makers are forced to raise the list prices of their drugs just so they can offset the costs of rebates paid to these PBMs..According to an article last week in StatNews, a newsletter that covers health and medical issues, the answer seems to be "whichever one is available to you first.".Lower revenues from the taxation of Social Security benefits. About 4% of Social Security's financing comes from the taxation of benefits. Because many retired household incomes were impacted by lower earnings, along with business and retirement account losses in 2020; the amount of revenues from the taxation of Social Security benefits was lower in 2020..Social Security beneficiaries received a 2.8% cost-of-living adjustment this year, but millions of older Americans with low benefits have seen their increases completely offset by higher Medicare Part B premiums. Do you support the Fair COLA for Seniors Act, which would give beneficiaries a more adequate Social Security COLA?.This year's study finds that Social Security benefits have lost 30 percent of buying power since the year 2000. This represents a 3-percentage point improvement in Social Security buying power from our 2019 study, which found a loss of 33 percent since 2000. While lower prices are good news in the short term, the deflationary trend suggests a very low COLA in 2021..Trustees Release Annual Social Security and Medicare Reports.For more.H.R. 1553, Fair COLA for Seniors Act If adopted, H.R. 1553 would base annual Social Security cost-of-living adjustments on the Consumer Price Index for Elderly Consumers.

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If you've been to a pharmacy in recent years, you've no doubt noticed how drug costs are soaring - and you've probably felt the immense financial pressure of rising prices. You've also probably thought about how it is that consumers are burdened with the pain of these higher costs while the drug industry simultaneously rakes in massive profits with little to no accountability..Those in the Senate will resume work next week on the Better Care Reconciliation Act, which will have a significant impact on the health and financial security of older Americans if adopted. If Republican leaders in the Senate successfully negotiate a compromise with the most conservative and moderate members of the party, the BCRA could be signed into law before the end of this month..TSCL consists of vocally active senior citizens concerned about the protection of their Social Security, Medicare, and veteran or military retiree benefits. TSCL was first established as a special project of The Retired Enlisted Association. On January 1, 1995, TSCL became an independent 501[c][4] citizens' action organization. … Continued

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The new Congress has been sworn into office but little in the way of legislation regarding Social Security, Medicare or Medicaid has yet been introduced. As we all are no doubt aware, there have been other things on Congress' plate the last week or two, to say the least. But once President Biden is sworn into office this Wednesday Congress will return and the legislative season will be off and running..A study found that setting quantity limits increases sales. Shoppers who bought soup from displays with no quantity limits purchased an average of 3.3 cans of soup. Shoppers with limits of 12 purchased an average of 7 cans. Like Velcro, the quantity limit latched onto shoppers' brains..After repeated refusals over three and a half years, the federal government has released to TREA Senior Citizens League the first known public copy of the Social Security Totalization Agreement with Mexico. The Social Security Administration recently agreed to make the disclosure in response to a lawsuit filed under the Freedom of Information Act by TSCL. … Continued