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  • Cost Of Living Adjustment 2

    "Congressional Pay Grows 15 Times Faster Than Social Security Checks" .Here are some questions to consider in shopping for dental insurance: .Sources: "Immigration Activists Urge Obama To Act Boldly", Carolyn Kaster, Associated Press, April 15, 201Letter to Senator Marco Rubio from Stephen C. Goss, Chief Actuary, Social Security Administration, June 28, 2013. … Continued

  • Medicare Now Covers Testing For Coronavirus

    The research appears to be good news in the desperate effort to arrest the spread of the virus and suggests a way to ease vaccine shortages and get people vaccinated more quickly. .To put the problem of Medicare's cost growth into perspective, the following table illustrates what common food items would cost in 2014, if they had increased as rapidly as Medicare Part B premiums. To give a fuller picture, this table spans a 3year period, the length many Baby Boomers can expect to live in retirement. Medicare Part B premiums are twelve times higher today than 34 years ago in 1980. .Budget Chair Revives Fiscal Commission Plan … Continued

Could you tell me the status of the Social Security agreement with Mexico? There hasn't seemed to be much news about it recently. If we get a new president does that mean the agreement would be dead? .One further reason for the growth is undoubtedly the growth in the primary beneficiary rolls, upon which the benefits of ANP dependents and survivors are based. According to the Inspector General, older non-citizens workers are now at the age and have worked in this country long enough to be potentially eligible to file claims for retirement or disability. The Inspector General has also said that those who worked using invalid, or non-work Social Security numbers issued prior to January 1, 2004, did not need valid work authorization in order to file a claim. Under current law the Social Security Administration uses all earnings, including those for illegal work, to determine entitlement to benefits. .The costs shown in the chart below assume coverage started on September 1, 201Costs include premiums, deductibles, and out-of-pocket cost sharing for 201Costs are estimates, and actual costs may vary somewhat depending on the pharmacy. The prices in our chart are likely to change for 2018. .TSCL opposes legislative efforts that would make today's seniors and those nearing Medicare-age pay higher costs for their Medicare coverage. .If more than 12 months have passed, the plan should disenroll your mom, and her Special Enrollment Period should begin at the beginning of the twelfth month and continue through the end of the fourteenth month after the move. .Surprisingly, there was no discussion of slowing the growth of cost-of-living adjustments (COLAs) by switching to the more slowly-growing "chained" CPI. The proposal is getting increasing attention (mostly favorable) in media editorials. Switching to the more slowly-growing chained CPI would reduce cost-of-living-adjustments, and many policy experts view the option as a front-runner for reducing the deficit. .Tax Plan Moves to Conference Committee .The TSCL Board of Trustees and staff are all dedicated to helping seniors. The following services provided by TSCL are considered primary and essential to the betterment of the quality of life of our nation's senior citizens: .Important work is also being done on the federal, state, and local levels to build awareness and advance medical research. As part of the bipartisan Congressional Task Force on Alzheimer's, my colleagues and I have been working to address the growth of Alzheimer's. One piece of legislation that I am pushing is the Alzheimer's Accountability Act, which would increase coordination between the National Institute of Health, Congress, and the White House regarding the resources necessary to help treat Alzheimer's. Another bill, the Health Outcomes, Planning, and Education (HOPE) for Alzheimer's Act would help improve early diagnosing of Alzheimer's and strengthen support services for patients and their families.