"Is There A Subprime Car Loan Bubble?" Bob Sullivan, Credit.com, March 23, 2015..This week, Members of Congress continued to focus on a series of fiscal 2015 appropriations bills including one that would provide funding for the Social Security Administration and the Centers for Medicare and Medicaid Services. In addition, The Senior Citizens League announced its support for a new piece of legislation, and two key bills gained cosponsors..While a compromise was not reached, some consider the automatic budget cuts as a silver lining. "The good news, if there is no agreement, the nation is going to end up with what Republicans said, there will be a dollar spending reduction for every dollar increase in the debt ceiling" said Hensarling. White House Press Secretary Jay Carney echoed the same optimism: "It's important to remember, however, that because of the Budget Control Act, the 1.2 trillion dollars that the Super Committee was supposed to achieve in deficit reduction will happen regardless."."Improving adult access to vaccines can save thousands of lives and billions of dollars. The health care costs associated with low adult vaccine rates are high - each year, the U.S. spends billion treating Medicare beneficiaries alone for four vaccine-preventable diseases. Cost-sharing and co-pays for vaccinations recommended by the Center for Disease Control and Prevention Advisory Committee on Immunization Practices were removed for all Affordable Care Act compliant private plans in 2010; however, Medicare beneficiaries were left out of this change and can still face high out-of-pocket costs for vaccinations.".The Senior Citizens League believes that these CMS initiatives to fight Medicare fraud, waste, and abuse are encouraging steps toward containing and even preventing escalating costs and premiums. However, more steps like Representative Ileana Ros-Lehtinen's TSCL-supported Medicare Fraud Prevention Fraud Enforcement and Prevention Act should be taken. If passed, this bill would create a pilot program using biometric technology to ensure that all Medicare claims are legitimate. It would also facilitate real-time information sharing between law enforcement agencies, and it would increase the penalties for those convicted of Medicare fraud. While wasteful and fraudulent activities aren't the only issues of Medicare reform, TSCL believes that strict oversight from lawmakers, administrators, and seniors alike is a proper first step..On Monday, President Obama's November immigration orders which TSCL's members and supporters overwhelmingly oppose according to recent poll results were temporarily halted by U.S. District Judge Andrew Hanen of Texas. Judge Hanen did not rule on the legality of the President's orders on Tuesday the lawsuit is expected to take many months to complete. Instead, he issued a 123-page temporary injunction on the grounds that President Obama's orders did not go through the proper procedures, which require public notices and comment periods. Judge Hanen wrote: "This is not the end of the inquiry; in fact, in this case, it is really the tip of the iceberg.".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 bill would provide seniors with vision benefits in 2022, hearing benefits in 2023 and some dental benefits by 202Progressives are pushing for an earlier start to the dental benefits and that the government increase its share of the cost, which ramps up to 50% by 2032..When people file a claim for benefits, Social Security determines both entitlement to, and the amount of, benefits based on earnings history, NOT the amount of taxes paid in. Under current law, all earnings for which there is evidence are used to determine an individual's benefits, even if the earnings were for jobs worked under invalid and fraudulent Social Security numbers. Thus executive action on immigration could open Social Security and Medicare to significant long-term costs based on work performed while illegal.

Courage Kenny Teaches Man Who Spent 5 Weeks In Icu With Covid19 To Learn To Walk Again

On Monday, the CBO released its highly anticipated analysis of the BCRA health reform legislation released late last week by Republican leaders in the Senate. The report shows that if signed into law, the bill would leave 22 million more individuals uninsured than current law, and it would hit older, poorer people the hardest especially those between the ages of fifty and sixty-four with less than ,200 in annual income. Those individuals would see health insurance premium increases of 200 percent or more under the BCRA..Cutting Benefits for Current Retirees or Any Americans Over Age 50: Many current retirees are already struggling financially, and people need adequate time to plan and prepare for changes to something as important as Social Security..A newly approved drug to slow the progression of Alzheimer's disease is drawing criticism for it's ,000 price tag, especially given its lack of proven effectiveness. Aduhelm stirred controversy when the Food and Drug Administration's own expert advisory panel was nearly unanimous in opposing the drug's approval due to mixed results in studies of effectiveness. … Continued

Prevent Be Proactive To Beat The Odds Of Falling

The fact that there are actually two Social Security trust funds is important when you break down the numbers behind the trust funds' cash deficits. According to the Social Security Trustees' "intermediate" projections, the OASI trust fund would run a cash deficit of billion in 2010, and the DI trust fund a billion cash deficit..Currently there is a 2% tax cut on the Social Security payroll tax workers pay. That tax cut is due to expire December 31, 201Do you favor a further extension, and if so how would you pay for it?.This is obviously an area of concern for many TSCL members who get their prescriptions delivered through the mail as well as though who receive monthly checks by mail. If you have problems with late delivery, we urge you to contact your own Senators and Representative and let them know. Congress needs to put pressure on the postal service to get this problem fixed. … Continued

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