The members of Congress still cling to that particular tradition even though by the time they come back to town in September they have less than a month to complete their work to fund the federal government for the new fiscal year which begins October If they were able to get their work done on time like they used to the August recess would make more sense..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..The House of Representatives returned to work this week after the traditional August recess. The Senate, however, does not come back until next week..With no effective treatment in sight, and no indication that the coronavirus will "magically disappear," as the President has frequently predicted, a vaccine will be "the ultimate game changer" in the pandemic, according Dr. Anthony Fauci, the nation's leading expert on the outbreak. "There's never a guarantee of success," Fauci said. But he added that he was "cautiously optimistic" that by winter, at least one of nearly a dozen promising vaccine candidates would have shown itself to be safe and effective in inducing immunity in humans..Forty-nine years ago, President Lyndon B. Johnson signed Medicare into law and by doing so made a solemn agreement with every single American. Simply put, if you work hard and play by the rules, Medicare will be there for you when you retire..We hope this has been a little helpful to you. Certainly, we all need to follow the recommendations of our own doctors and the advice from public health officials about taking commonsense precautions as we go about our daily lives..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..At a time when our country faces a real and growing retirement crisis, it is more important than ever that we take steps to protect and expand Social Security. Yet today, Social Security remains under attack. Republicans in Washington are doing everything they can to privatize and cut benefits for millions of seniors who rely on Social Security to keep food on the table and a roof over their heads..Disabled survivors benefits for a spouse and/or divorced spouse based on the deceased account.

Primary Care Physicians Accepting Medicare A Snapshot View Footnotes

housemate with whom you can share expenses. Some couples living in older homes.Social Security Reform Extending the program's solvency without enacting harmful cuts..The following Members of Congress, among many others, will be holding town hall meetings next week: Sen. Jerry Moran, Sen. Ron Wyden, Rep. Karen Bass, Rep. Diana DeGette, Rep. Scott Perry, Rep. Xavier Becerra, Rep. Thomas Massie, Rep. Tom McClintock, Rep. Chris Stewart, Rep. Jim Sensenbrenner, and Rep. Tom Emmer. … Continued

Podcast Hits The Century Mark Oas Episode 100

That's changing this year due to new Medicare rules that require suppliers to engage in competitive bidding to supply seniors with this equipment. A two-year pilot of competitive bidding in nine cities succeeded in lowering Medicare's durable medical equipment costs by a third. Lower costs for Medicare should also mean lower co-pays for seniors..The White House budget released earlier this year proposes to establish an out-of-pocket limit to the Part D benefit by phasing down beneficiary co-insurance in the catastrophic coverage phase of the benefit from 5 percent to no-cost sharing over four years, beginning in 201While this is better than nothing, the proposals make other changes shifting significant costs to Part D plans which would likely be passed on to consumers in higher premium costs and higher drug costs for the sickest people who hit the pre-catastrophic Part D gap. One analyst has estimated those costs would average ,000. In addition, there is no proposal at all that would allow Medicare to negotiate drug prices..The prospective vaccines range widely in their design and novelty. They also vary in their ease of manufacture, the number of doses a patient needs to gain lasting immunity, and the way they are administered. There will have to be multiple types of vaccines. The director of the Center for Drug Discovery at Washington University in St. Louis, said that while there are pitfalls inherent in the rush to find a vaccine, a previous pandemic offers comforting reassurance that in fielding the right drug, patience is an essential virtue. … Continued

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