This week, House and Senate lawmakers returned to Capitol Hill to begin the "lame duck" session. In addition, The Senior Citizens League saw two key Medicare bills gain support in Congress..Looming over all of this is the traditional August recess of Congress. That tradition started back before the discovery of electricity and therefore air conditioning. August is normally the hottest month of the year in Washington so they would all leave town to go somewhere to stay cool..Social Security Notch Reform Working towards benefit equality for older Americans..Lawmakers on both sides of the aisle agreed at Wednesday's hearing that displaying the full Social Security number on Medicare cards puts seniors at risk for identity theft. However, the process of removing the numbers is costly and complex. Tony Trenkle, Director for the CMS Office of Information Services stated, "It's going to be a massive undertaking if we go down this road." He explained that the process would require a technology system update and massive education efforts for beneficiaries, providers, and business associates..The proposal to cut the growth of COLAs formed a major Social Security reform provision of President Obama's 2010 Fiscal Commission. It would reduce the growth rate in COLAs by switching to the more slowly-growing "chained" CPI. "The switch is insidious because it's enormously complicated to figure out, and it looks so small on paper - just 0.03 tenths of a percentage point," Hyland observes. "But the loss compounds over time. Within a decade it would have a significant financial punch that just keeps getting bigger," Hyland explains. The following chart provided by TSCL illustrates the impact of a chained CPI on a married couple's Social Security benefits, which start at a total of ,500 per month today, and how their benefits change over the first ten years. After ten years the chained CPI would reduce benefits by per month, and would cut benefits by ,488 over the ten-year period..Lower revenues from the taxation of Social Security benefits. About 4% of Social Security's financing comes from the taxation of benefits. Because many retired household incomes were impacted by lower earnings, along with business and retirement account losses in 2020; the amount of revenues from the taxation of Social Security benefits was lower in 2020..Changes in home housekeeping and maintenance. Is there a change in housekeeping and how well your friend maintains her home and yard? Is there clutter piled everyone, and garbage needing to be removed? Does the lawn look weedy and overgrown?.Social Security Subcommittee Discusses SSA Leadership.To learn more about how work affects your benefits, call the Social Security Administration toll free at and ask for How Work Affects Your Benefits

Nourish Slow Cooker Clam Chowder

To ensure the solvency of Social Security for retirees and disabled who live in the U.S. and pay into the system legally, the study makes the following recommendations:.This is important information because if you or someone you know is or has been sick, it is safer to assume you have the coronavirus and not the seasonal flu, and you should seek immediate medical care..The poll raises questions about both the adequacy of Social Security benefits, and proposals that would make seniors pay an even bigger share of their healthcare costs in the future. According to the Social Security Administration, the median income for retirees aged 65 and older is just ,056.[1] In 2010, the most recent year for which data is available, Medicare beneficiaries spent ,734 on out-of-pocket costs on average, including premiums for Medicare and other supplemental insurance or health plans.[2] … Continued

Medicaid Issue Brief Profiles Of Medicaid Outreach And Enrollment Strategies The Cook County Early Expansion Initiative

A new analysis from The Senior Citizens League indicates that Social Security checks in 2019 are as much as 18 percent lower due to the impact of extremely low COLAs over the past ten years. From 2000 to 2010, COLAs routinely averaged 3 percent annually. People who have been receiving Social Security benefits since 2009, have only seen a COLA higher than 2.8 percent one time..don't start feeling better..Medicare Part B premiums are expected to stay at 4 per month in 2018, leaving people like Barbara facing a big premium increase. The 4 premium is per month more than she paid this year, and more than what Barbara expects to get from her COLA in 201That means her Part B premium will be adjusted again to prevent reduction in her benefits. As much as that protection is appreciated, Barbara is frustrated about high Medicare premium costs after years of low or no COLA growth. "It's been 36 months since I've had any raise in my net operating Social Security, but my actual household costs continue to go up," Barbara says. "This isn't fair to retirees," she adds. … Continued

Contact Atavista Farm Today!