Not only does this put unwitting retirees' Medicare number in the hands of crooks who can then resell it to be used to file more false claims, but it can cause Medicare to deny future coverage for genetic testing when it's really needed, because the patient's record will show the test has already been performed..More Means Testing For Medicare: Higher income seniors with incomes of more than ,000 already pay more for their Medicare Part B and Part D premiums. More seniors will pay the higher costs in the future because the income threshold is not adjusted for inflation. President Obama has proposed raising the amounts that higher-income seniors would pay, and proposes new income thresholds that would push seniors into higher premium brackets more quickly..What that means, in plain language, is the President is suggesting that for an unspecified "short term," taxes paid by workers into the Social Security system be suspended, further weakening the Social Security system.."Depending on how long it takes one's retirement savings to recover, the 2020 coronavirus recession could have a deep and life changing impact on the retirement security of older Americans," says Johnson whose own retirement savings were negatively impacted by the Great Recession of 2007- 0"Those who have lost significant sums might plan to work longer and retire later if they can," says Johnson. "Those who were working and have lost a job and their employer - provided healthcare coverage may wind up working for lower earnings, and could potentially experience worse health," she notes..TSCL would like to remind you to contact your Members of Congress to request their support for fair Social Security cost-of-living adjustments and other key issues. To find contact information for your Members of Congress, to learn more about key issues affecting seniors, or to sign a petition, please visit the ACTION CENTER of our website..Surprise! Effort to End Surprise Billing Still Alive.The car isn't washed..These settlements are only a good deal for the drug manufacturers involved brand name and generic. They are a flat-out bad deal for patients. Pay-for-delay deals make necessary prescriptions unaffordable for many seniors and their families..According to a new survey by The Senior Citizens League, premiums for Medicare supplemental insurance, known as Medigap, grew more than twice as fast as Social Security cost of living -adjustments in the past year. About 41 percent of survey participants who are covered by a Medigap policy report robust premium increases in the past 12 months of at least 6 percent or more, particularly for individuals who were covered by a policy for more than two years. "The Social Security COLA for 2019 is 2.8 percent, far lower than the rate that Medigap policies appear to be growing," says Mary Johnson, a Social Security and Medicare policy analyst for The Senior Citizens League.
