TSCL has long supported adding vision, dental and hearing benefits to Medicare, as well as supporting legislation to lower prescription drug prices. We are waiting to see what the final bills look like that come out of the House and Senate before we determine what kind of endorsement to give..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..We are interested in hearing from our readers to learn what you think about the new Medicaid expansion. Are you benefiting from the new rules? Should there be tighter asset restrictions? Send us an email at [email protected] study examined the increase in costs of 39 key items between 2000 and January 201The items were chosen because they are typical of the costs of most Social Security recipients, and include expenditures like the Medicare Part B premium, that are not measured by the index currently used to calculate the COLA. Of the 39 items analyzed, 25 exceeded the percentage of increase in the COLA over the same period. "This study illustrates why legislation is needed to provide a more fair and adequate COLA," Johnson says. "To put it in perspective, the same 0 worth of groceries that a retiree household could buy in 2000, can only buy worth today," Johnson adds..For frequent updates on the status of the spending bill, visit our pages on Facebook or Twitter..John, age 66, is already enrolled in Medicare in 200He pays .40 per month. Because there is no COLA, and the basic Medicare Part B increases, his Part B premium will remain .40 because he's protected by the hold harmless provision. His premium will be adjusted to prevent a reduction in his Social Security in 20His wife Jane is 6She's not eligible to enroll in Medicare Part B until 20Her monthly premium would be an estimated 4 instead of .40. She won't have "hold harmless" protection until 2011..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..The COLA will be announced in mid - October and the Medicare Part B premium often is announced by the end of November..By Representative John Garamendi

Health Care Reform

"Americans' Financial Worries Edge Up In 2016," Gallup, April 201"You Might Need Nearly 0,000 To Pay Health-Care Costs In Retirement," Robert Powell, Market Watch, February 6, 2017..On Monday, a group of three Senators Amy Klobuchar, John McCain, and Chuck Grassley sent a letter to the White House urging the administration to utilize its executive power to reduce prescription drug costs..Some agree with the President's stimulative plans, however, many on Capitol Hill have aggressively opposed the extension. House Budget Chair Paul Ryan has been particularly outspoken about the tax holiday, referring to it as "sugar-high economics," and preferring instead a plan that includes comprehensive tax overhaul. … Continued

St Francis Regional Medical Center Open Wellness Center For Employees

Most surviving children would not be eligible for Notch Fairness Act benefits, but the issue should concern every single child of a Notch Baby. Recent Social Security reform proposals to attach a "price index" to the Social Security benefit formula would cut benefits for future retirees in a manner similar to the 1977 changes that led to the Notch. In addition, Congress thus far has taken no constructive non-partisan action to address Social Security's looming shortfall - meaning they may have to make very deep and abrupt cuts when they can no longer stall for time..lucky enough to be in the middle of the fall Part D Open Enrollment period,.New legislation retroactively extends several tax breaks that affect the amount you may deduct in unreimbursed medical expenses. The lower threshold for itemized medical expense deduction was one of the breaks extended. The threshold under the 2017 tax law was originally scheduled to rise from the excess of 7.5% of adjusted gross income to 10% of AGI for the 2019 tax year. But new legislation extended the 7.5% AGI level. … Continued

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