This cost shift hits includes retirees with the lowest incomes. Specifically it hits their state Medicaid budgets that pay Part B premiums for low-income Medicare beneficiaries - about 19% of all Medicare recipients. If Medicare Part B premiums go up by more than .40 per month in 2021, that would add yet another fiscal shock to state budgets that are already strained to the limit due to the coronavirus pandemic..Alexandria, VA deadline is looming for more than 8.9 million disabled Social Security beneficiaries as well as 1.8 million of their children, warns The Senior Citizens League. So far Congress has not made public any long-term plan to head off a 20% cut of Social Security disability benefits that would occur in about two years. "All Social Security beneficiaries are waiting to learn how our newly elected lawmakers intend to remedy the situation," says TSCL Chairman, Ed Cates..While you can count medical bills for you, your spouse and dependents listed on your tax return, you may also be able to count some medical expenses that you paid for a family member who's not considered a dependent for tax purposes. This is the sort of question you should discuss with a tax professional..The Social Security Fairness Act, if signed into law, would amend the Social Security Act by repealing the government pension offset and the windfall elimination provision. TSCL believes that these two provisions unfairly reduce the earned Social Security benefits of millions of teachers, firefighters, peace officers, and other state or local government employees each year. We were pleased to see support grow for the Social Security Fairness Act this week..It sounds like you are very fortunate. Under Medicare, your Part D prescription drug initial coverage limit is just ,3At the price of Humira you would hit the Part D doughnut hole or coverage gap the second time you filled your prescription. According to the Medicare's drug plan software, your estimated lowest cost for a full year, including your drug plan premium, would be in the vicinity of ,036..Providing relief for more than 11 million middle-class beneficiaries who pay income taxes on their Social Security benefits each year..If signed into law, the Improving Care for Vulnerable Older Citizens through Workforce Advancement Act would create six different demonstration projects that focus on the coordination of care and the delivery of medical services to elderly patients with chronic illnesses. The projects would design and test new models of care coordination, and direct-care workers would be granted opportunities to advance their careers through additional training, increased compensation, and expanded roles..You should know that there are some groups who call themselves senior groups but are funded mostly by the drug makers and other corporate interests. Whereas TSCL is beholden only to you, those groups dare not oppose the corporations that fund them, whether it is in the interests of seniors or not..Tell your leadership what is important to you - Sign a Petition

Report Section Medicaid Program Integrity And Current Issues Issue Brief

Learn all your options for health and drug plans by using Medicare's health plan finder FIRST: We recommend using this tool rather than attempting to check plans or insurers individually, which could rapidly become overwhelming and aggravating. You can contact insurers for details later when you have narrowed down your best bets..Here are six steps to take now that can help you slow hitting the doughnut hole.The revenues raised from the taxation of Social Security benefits are used to pay Social Security and Medicare benefits. In 2017, the Social Security trust fund received .9 billion of its 5.6 billion in revenues from the taxation of benefits and the Medicare trust fund received .2 billion of its 9.4 billion in revenues. … Continued

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Medicare beneficiaries would still be on the hook for the ,000 that would need to be spent out-of-pocket before the catastrophic coverage even starts. For the average beneficiary, that could take one-third or more of one's entire Social Security income for the year..To determine if a portion of the taxpayer's Social Security benefits are taxable, half of Social Security benefits are added to the adjusted gross income, plus any tax - exempt interest, and certain other tax - exempt income. "Few people today think of an adjusted gross income of as little as ,000 -,000 as 'substantial' income," Johnson says. To calculate the taxable portion of benefits, taxpayers can find a worksheet in IRS publication 915..Despite the coronavirus emergency, TSCL is continuing its fight for you to protect your Social Security, Medicare, and Medicaid benefits. We have had to make some adjustments in the way we carry on our work, but we have not, and will not stop our work on your behalf. … Continued

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