News

  • 27 Of Seniors Spend Up To Half Of Their Social Security On Healthcare Tscl Releases 2011 Healthcare Cost Survey

    TSCL is urging older Americans to speak out to Members of Congress about earned benefits like Social Security and Medicare. What do you think? Visit to participate in TSCL's annual Senior Survey. .This week, the Social Security Administration announced the 2019 cost-of-living adjustment, and President Donald Trump signed into law legislation that will result in lower out-of-pocket prescription drug costs at pharmacies. In addition, The Senior Citizens League saw in Congress. .You will want to sign up for both Part A (hospital insurance) and Medicare Part B (doctor's and outpatient insurance.) Medicare Part A usually does not cost anything since the Medicare payroll taxes withheld from workers' paychecks pay for Part A. Currently the base premium for Medicare Part B (for individuals with incomes less than ,000) is 5.50 per month. Medicare will send you a bill for three months at a time. You will need 6.50 for that first bill, and please note how quickly you must send it back (usually before the end of the month you received your bill.) There are several ways to pay. If you would prefer monthly billing, you may request that, but after you send in your first payment. Carefully read the information on your monthly bill to learn what you will need to do in order to request monthly billing. … Continued

  • Ask Advisor July 2017

    It's do or die time for Congress. Unless they can pass a federal government funding bill in the next 10 days the government will shut down on October And those 10 days are not all working days unless they decide to work through next weekend. .Senate Subcommittee Considers Family Leave Proposal .Our mission is to promote and assist members and supporters, to educate and alert senior citizens about their rights and freedoms as U.S. Citizens, and to protect and defend the benefits senior citizens have earned and paid for. TSCL consists of vocally active senior citizens concerned about the protection of their Social Security, Medicare, and veteran or military retiree benefits. … Continued

The average CEO in the sample would pay enough Social Security revenues to cover the entire benefit of 45 retirees with an average benefit of ,800 for a year, or, boost the COLA of 22,428 retirees with average benefits in the first year. .TSCL believes that the extreme cost increases are putting Medicare beneficiaries and funding for Part D at risk. "Medicare must be given the authority to negotiate pharmaceutical prices with manufacturers for covered Part D drugs," says Cates. How are rising healthcare costs affecting you? TSCL wants to hear from you, visit . .This week, The Senior Citizens League was pleased to see support grow for two key bills that would strengthen the Social Security program. First, one new cosponsor – Representative Peter Visclosky (IN-1) – signed on to the Protecting and Preserving Social Security Act (H.R. 2302), bringing the total up to eight cosponsors. .Their bill would address the administrative funding challenges that the Social Security Administration has been facing for several years. Since 2010, the Social Security Administration's budget has declined by 9 percent, resulting in a loss of 10,000 employees and the closure of more than 10 percent of all field offices nationwide. At the same time, the number of Social Security beneficiaries has increased dramatically by 15 percent since 2010. .However, the pharmaceutical industry has spent billions of dollars over the years fighting this kind of legislation and passing it will not be easy. .Unlike the way Medicare negotiates costs for all other medical services and medical equipment, the program doesn't have the authority to negotiate drug prices. That leaves older U.S. consumers paying higher prices than people who get their medications through the VA Administration or state Medicaid programs. And because Medicare isn't negotiating on our behalf, there's no consistency in drug pricing between Part D drug plans either. Prices vary enormously, and new research for TSCL indicates millions of drug plan enrollees are getting gouged when they don't compare and switch to better plans. .During last fall's debt limit deal, Members of Congress passed legislation containing un-debated, secret provisions that made two major changes to Social Security benefit claiming strategies. The changes cut the expected retirement income of some married couples already at full entitlement age. Do you believe entitlement cuts are necessary in exchange for your vote to lift the debt limit in the future? .The costs of custodial care pose a big challenge for Alzheimer's patients and their families. According to a survey of long term care costs by Genworth Financial, Inc., a semi-private room in a nursing home can cost ,148 a month, or ,750 per month in an assisted living facility. Even a home health care aide costs per hour. Many families work to put together a caregiving network with family, friends, churches and community services in the early stages of Alzheimer's treatment. .How much would your Social Security cost-of-living adjustment (COLA) be worth if it was more accurately based on your spending patterns as a retiree? Social Security legislation under debate in the U.S. House would tie the annual boost for inflation to the Consumer Price Index for the Elderly (CPI-E). Had that index been used to calculate the COLA for 2020, your annual boost would be 1.9%, versus the 1.6% that Social Security recipients are actually getting.