"Obamacare Victims Are 'Liars' Says Top Democrat," Edward Morrissey, The Fiscal Times, February 27, 201Letter to The President, from House leadership, concerning Medicare Advantage cuts, February 13, 201Letter to Marilyn Tavenner, Administrator, Centers for Medicare and Medicaid Services, from 40 Senators, concerning Medicare Advantage cuts, February 14, 2014.."Pfizer's political action committee alone contributed to 228 lawmakers. Amgen's PAC donated to 218, meaning that each company helped to fund the campaigns of nearly half the lawmakers on Capitol Hill. Overall, the sector donated million..Thankfully, those covered under Medicare are not as susceptible to this, although it can still happen, even when it comes to such things as dental care. Hoyer said it's "possible" the House could act on surprise billing legislation before May although he didn't definitely commit to it..Age doesn't matter for contributions to Roth IRAs. Regardless of your age, if you have earned wages you can contribute to a Roth IRA. While the contributions to a Roth will not lower your income for tax purposes, the money you put in will grow tax deferred without any required minimum distributions. And distributions from a Roth won't subject your Social Security benefits to taxation..The Senior Citizens League's estimate is based on an expected Part B increase of .50 per month, from 4.00 in 2018 to 5.50 per month in 2019, as estimated by the Medicare Trustees in June of this year. "A Part B increase any more than .50 per month would mean that even more people at even higher benefit levels would potentially be affected by the Social Security 'hold-harmless' provision again in 2019," Johnson notes..When the Social Security Administration receives wage reports from employers with Social Security numbers and names that don't match those on file, the reports go into an Earnings Suspense File until they can be reconciled with the rightful owner -- which can occur years later when an application for benefits is received. Over the past ten years for which data is available the Social Security Administration has received, on average, more than 9.5 million suspicious wage reports annually representing more than billion per year in wages. "And it's the wages that are used to determine benefits, not the amount of taxes paid in," Hyland notes..After passing new tax legislation that's projected to increase the federal deficit by more than .5 trillion over the next ten years, Senate Majority leader Mitch McConnell recently blamed Social Security, Medicare and Medicaid for the rapidly increasing deficit. McConnell said the only way to lower the deficit would be to cut Social Security, Medicare, and Medicaid..and would reduce the tax on Social Security benefits for older taxpayers with incomes below ,000, and 0,000..Thus, we are watching to see how this Administration would do things differently this time. In addition, there are concerns on the Canadian side about the timing. Canada is concerned this could cause drug shortages, particularly for drugs used to treat COVID-19 further exacerbating tensions with one of our nation's closest allies and trading partner.

Thrive Broken Heart Syndrome Is It Real

We encourage you to attend a town hall, and invite others you know. The future of our retirement and our healthcare benefits rests in our hands..The proposal would potentially help those enrolled in Medicare Part D and Medicare Advantage plans, particularly in cases where a drug is not covered by the individual's plan or, as a less-expensive alternative, when the cost of importing a drug is lower than the co-pay for purchasing the medication with Part D plan coverage. Proponents of importation point out that, over the long-term, increased competition from imported drugs could pressure drug companies to reduce their prices in the U.S. and thus help reduce costs for other drugs you may take..The House recently voted to pass my bipartisan Senior Security Act, which takes senior fraud and scams head on and will help the Security Exchange Commission and, federal prosecutors, crack down on these senior-preying criminals. I introduced this bill with Republican Congressman Trey Hollingsworth of Indiana. … Continued

Blog Medicaid A Changing Federal State Partnership

As always, TSCL will be working with members of Congress to ensure that the legislation we have been fighting for on behalf of TSCL supporters is introduced and then passed into law..However, right now there is no guarantee Republicans would do that, and instead, it is probable they would blame the Medicare cuts on the Democrats..This week, one new cosponsor Rep. David Valadao signed on to Rep. John Duncan's CPI for Seniors Act. The cosponsor total is now at six. If signed into law, H.R. 2154 would create a new consumer price index specifically for senior citizens for the purpose of establishing a more accurate Social Security cost-of-living adjustment. Currently, COLAs are based upon the way young, urban workers spend their money, using the CPI-W. However, seniors spend a disproportionate share of their income on healthcare, and the CPI-W fails to capture that. Each year, it underestimates the spending inflation that seniors experience. TSCL enthusiastically supports the CPI for Seniors Act, and we were pleased to see one new cosponsor sign on this week. … Continued

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