Preserving Precious Ppe SuppliesMore than 1,057 respondents participated in The Senior Citizens League's annual senior survey, which was conducted from January through March of this year. Participants confirmed that monthly household expenses made steep increases over the past year, far in excess of the dollar amount that their COLAs increased benefits. More than half, 56%, indicated their monthly expenses went up by more than Yet 50% of survey respondents said that their COLA increased benefits less than per month, after the increased Part B premium for 2018 was deducted from their Social Security benefits..A balanced budget amendment to the constitution might sound like a good idea on the surface, but when the details are examined, it could be disastrous for programs like Social Security and Medicare. The Senior Citizens League tirelessly advocated against its adoption when it was considered earlier this year, and because lawmakers aren't giving up on it anytime soon, we aren't either..While the additional payroll tax went directly to the Part A Trust Fund, the 3.8% "Medicare" net investment tax was never transferred to Part A. It wound up going straight into the U.S. General Fund where it could be appropriated for any government spending. … Continued
United Hospital Services John Nasseff Neuroscience Institute ServicesThe index used to determine the COLA of retirees does not measure the spending patterns of retirees, but younger workers instead. Retirees, we all know, spend their money differently than younger people and must spend a far bigger share of their budgets on housing and medical costs - two categories of spending that often rise several times faster than overall inflation..Meanwhile, the House of Representatives announced they will also be taking the usual August recess if they get needed legislation passed before then..I learned that my client's new brand name prescription cost more than a … Continued