The idea is to cut government spending on Medicare by limiting the annual growth of the Medicare voucher to the growth of the gross domestic product plus one percentage point. However, for the last 40 years national healthcare spending has exceeded the growth of the gross domestic product by more than two percentage points, and TSCL is highly concerned that the vouchers would rapidly become increasingly inadequate to purchase sufficient coverage or that seniors would face significantly higher premiums. In addition, the CBO recently wrote that the average age and cost of enrollees remaining in the current system would increase over time, and TSCL believes that would lead to far higher premiums for older beneficiaries as well..The orders are not immediately enforceable. Health officials have been working on ways to implement some of the proposals - namely guidelines for states to implement importation plans. But it is unlikely that any could be finalized before the November presidential election, particularly since the most favored nation plan would not progress for at least a month..Fifty-six percent of all Social Security households pay taxes on their benefits. Many of them have very modest middle incomes and didn't adequately understand or plan for these taxes, which take about 6% on average of Social Security income..the New Deal in 1935, it was never designed to be anyone's sole means of support.Support for the legislation has grown significantly, nearly doubling over the previous six Congressional sessions in which it's been introduced. TSCL is encouraging seniors and their younger family members to contact their Members of Congress and urge them to co-sponsor "The Notch Fairness Act, " H.R. 1001 and S. 118..COLA cuts: The White House proposes switching to the more slowly - growing measure of inflation, the chained consumer price index, to calculate annual COLAs. The proposal has bipartisan support in Congress. According to the Congressional Budget Office, it would cut spending on Social Security about 7 billion over the next ten years and bring in roughly 4 billion in higher taxes. To learn how the proposal would impact your benefits, try TSCL's Chained COLA calculator..need to re-evaluate how your money is invested and your need for dividend or.Federal Government Moves to Guarantee Access to Drugs."This is a budget cut that makes no sense," says TSCL Executive Director Shannon Benton. "Meals on Wheels is a low-cost program that reduces our nation's healthcare bill and more importantly helps seniors stay in their home and remain independent," she says.

Duals Medicaid Spending By Service 2

If adopted, it would provide beneficiaries with a 2 percent benefit boost, base cost-of-living adjustments on the more accurate Consumer Price Index for the Elderly, create a new minimum benefit set at 125 percent of the poverty line, and eliminate taxes on Social Security benefits for millions of seniors. It would also extend the solvency of the program through the year 2100 without cutting benefits for current or future retirees. TSCL was pleased to see support grow for H.R. 1902 this week, and we hope to see it signed into law before the end of this year..The subsidies are based on household income. If your income went down in 2014 you may be entitled to a bigger health insurance subsidy tax credit. But if your income goes up you would get a lower premium subsidy..The prospective vaccines range widely in their design and novelty. They also vary in their ease of manufacture, the number of doses a patient needs to gain lasting immunity, and the way they are administered. There will have to be multiple types of vaccines. The director of the Center for Drug Discovery at Washington University in St. Louis, said that while there are pitfalls inherent in the rush to find a vaccine, a previous pandemic offers comforting reassurance that in fielding the right drug, patience is an essential virtue. … Continued

Blog Civil And Criminal Justice 9

So, as we told you back on Sept. 29, "Don't Bet on 0 Drug Discount Card Just Yet.".As was noted in last week's update, the AHCA would reform the current health system and negatively impact older Americans in several ways. It would restructure the Medicaid program, which funds nursing home care for many qualified Medicare beneficiaries. It would base premium subsidies on age instead of income, while allowing private health insurers to charge older Americans five times more than they charge younger folks for their coverage. And it would deplete Medicare's Hospital Insurance Trust Fund by eliminating two revenue sources that the ACA created, creating a funding crisis for the program..chances are we may have a chronic health condition that requires regular … Continued

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