News
-
H R 242 Medicare Prescription Drug Price Negotiation Act
Grassley has previously said he needs at least 25 Republican co-sponsors to get his bill to the floor and sees backing from the White House as important in getting more votes. About a dozen Republicans other than Grassley have so far publicly expressed support for the legislation. .By Jarrad Hensley, TSCL Legislative Assistant .Seniors Support Medicare Coverage Expansion … Continued
-
Best Ways Save February March 2019
Sources: Testimony: The Social Security Disability Insurance Program, Joyce Manchester, The Congressional Budget Office, March 14, 201"Challenges Facing The Next Commissioner Of Social Security," SSA Office of Inspector General, April 26, 2012013 Social Security Trustees Report, May 31, 2013. .House Majority Leader Steny Hoyer (D-Md.) said he still expects the House to consider regular fiscal year 2021 spending bills beginning in June. But Senate Leader McConnell has not discussed any timetable for the bills coming out of the Senate Appropriations Committee, which must happen before the full Senate can consider the legislation. The Appropriations Committee got off to a late start, and it is not clear the committee will keep its summer working schedule. As a result, there is growing expectation that – once again - a continuing resolution will be needed to prevent a government shutdown on the eve of the election and that lawmakers will complete their work on the spending measures in a lame-duck session. .Oversight Committee Examines Prescription Drug Market … Continued
With more than 17 million Medicare Advantage enrollees, the Centers for Medicare and Medicaid Services hasn't been able to ensure that their risk scores are accurate. When CMS has checked, nearly one - third of the scores were too high. "Given the size of Medicare Advantage, even a small error can add up to billions in overpayments," says TSCL Executive Director Shannon Benton. "TSCL believes that home visits should be focused on providing better care to the patient, not boosting health plan profits." .At the same time, new claims for Social Security benefits are growing, as many older workers who have lost jobs file for Social Security benefits earlier than planned. The combined impact increases pressure on Social Security to address solvency issues. A future solvency option supported by more than 72 percent of The Senior Citizens League's survey participants is to apply the Social Security payroll tax to all earnings, instead of just the first 7,700 in wages. The survey was conducted from mid - January through April of this year. .If signed into law, H.R. 973 would repeal the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) – two federal provisions that unfairly reduce the earned Social Security benefits of millions of teachers, firefighters, peace officers, and other state or local government employees each year. .To complicate it even more, because of the particular rules of the Senate regarding a filibuster, a bill that is controversial in any way must have 60 votes in order to pass. And with Republicans so divided about drug pricing legislation, the path to final passage is wrought with obstacles. The one possible way to pass something is by attaching drug pricing legislation to a bill dealing with surprise medical billing. That would not happen until late in the spring if it happens at all. .How would seniors go about improving Social Security's financing in the future? A clear majority, 67% strongly agree that it would be fair to require workers to pay Social Security taxes on all of their income rather than letting some pay nothing on income over 0,000. More than 42% strongly agree that with Americans living longer, it would be fair to raise the age for full retirement very gradually, by two months per year to age 69 for people who are age 49 and younger. TSCL was inundated with email comments, and what you're saying should give incumbents pause. .I turn 66 in August of next year, and plan to start Social Security retirement benefits. How much may I earn in 2021 without reducing my benefits? .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. .Congress managed to pass a short-term fix to prevent a 19% benefit cut that was due to hit disabled Social Security beneficiaries by the end of this year. The legislation heads off the cut by temporarily transferring some payroll tax revenues over the next three years, expanding measures to better ensure medical eligibility for benefits, and by preventing improper payments due to fraudulent work. The stronger eligibility and anti-fraud provisions are strongly supported by TSCL, incorporating several recommendations that TSCL presented last fall to the House Ways and Means Subcommittee on Social Security. The legislation: .Medigap plans by law are now barred from offering drug coverage, and beneficiaries need to add "drug only" coverage to their Medicare supplement.