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Why Did I Open This Refrigerator And What Are My Glasses Doing In There?.in retirement. Strengthen your finances in retirement by developing additional."That simply isn't the case," says TSCL Chairman, Larry Hyland. TSCL conducts an annual survey of typical senior costs. "That data indicates that Social Security benefits have lost more than one-third of their buying power since 2000," Hyland says. "Changes that cut COLAs even further would make it that much harder for seniors and disabled beneficiaries to afford rising Medicare, energy, and other costs," he notes..This week, lawmakers returned to Capitol Hill following the month-long August recess and quickly passed legislation to temporarily fund the federal government and lift the debt ceiling. In addition, one House Subcommittee held a hearing to discuss the Social Security Disability Insurance program, and one Senate Committee met to debate the future of the Affordable Care Act..Such large trials are unlikely in the rush to field a vaccine and the result could be a dangerous erosion of public trust. The yearly flu shot carries a risk of less than 1 in 1 million cases of the neurological complication Guillain-Barre syndrome. But even with that low a risk, close to half of Americans refuse to get it.."How Republicans' Brilliant Budget Tactic Backfired," Eric Pianin, The Fiscal Times, May 28, 2013..Under current law, Social Security beneficiaries whose total income exceeds specific thresholds are required to claim a portion of their Social Security benefits as taxable income. Depending on income, as much as 50% to 85% of Social Security benefits could be taxable. A bulletin from the Social Security Administration estimates that the median share of benefits owed as tax for most retirees would be far less than that, however, remaining close to 12% over the period 2020 to 2050..To read the full statement from Chairman Cates on Thursday's Supreme Court decision, click HERE..The White House budget released earlier this year proposes to establish an out-of-pocket limit to the Part D benefit by phasing down beneficiary co-insurance in the catastrophic coverage phase of the benefit from 5 percent to no-cost sharing over four years, beginning in 201While this is better than nothing, the proposals make other changes shifting significant costs to Part D plans which would likely be passed on to consumers in higher premium costs and higher drug costs for the sickest people who hit the pre-catastrophic Part D gap. One analyst has estimated those costs would average ,000. In addition, there is no proposal at all that would allow Medicare to negotiate drug prices.

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TSCL's members and supporters, through various surveys and polls, have backed these policy recommendations. Together, they represent a balanced and responsible path forward for the DI program. To read the full set of policy recommendations submitted by TSCL to the Social Security Subcommittee, visit our website. To stay updated on efforts to strengthen and reform the Social Security program, follow TSCL on Facebook or Twitter..TSCL's Take.Thousands of prescriptions are abandoned at pharmacies each year, often due to high prices. There are several things you can do to bring that cost down to a more manageable level. … Continued

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According to the Senate Special Committee on Aging some drug companies share this common business model which is leading to huge price spikes:.Following the reception, the Board of Trustees and TSCL's legislative team spent the afternoon meeting with six Members of Congress and their top aides. Support was expressed for a number of key bills, including the Consumer Price Index for Elderly Consumers Act, the Notch Fairness Act, and the Social Security Fairness Act, among others..Medicare spending in 2013 accounts for 16% of the federal budget. That spending is projected to almost double as a share of the nation's economy in coming years, according to the Congressional Budget Office. The House, Senate, and the President's budget plans contain a number of provisions that would cut federal spending on Medicare. But how do senior voters view the proposals? … Continued

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