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Best Ways To Save November 2012
By Representative Alan Nunnelee (MS-1) .Excludes medical documentation from doctors or healthcare providers convicted of fraud or excluded from participation in federal health care programs. .With respect to Ad Servers: The Senior Citizens League does not partner with or have special relationships with any ad server companies. From time to time, we may use customer information for new, unanticipated uses not previously disclosed in our privacy notice. If our information practices change at some time in the future we will post the policy changes to our website to notify you of these changes and provide you with the ability to opt-out of these new uses. If you are concerned about how your information is used, you should check back at our website periodically. … Continued
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Congressional Corner We Must Protect Health Care Access For Seniors
Currently, the IRS allows Americans with high health care costs to deduct certain out-of-pocket expenses from their taxes. This deduction makes a big difference for those battling high medical costs as a result of sickness or age-related complications. .TSCL is concerned that illegal immigrants who gain temporary work permits and Social Security numbers would become permanently eligible for Social Security and Medicare among other federal benefits. Here are several areas of concern: .TSCL Wants to Know: Did You Wind Up Owing Uncle Sam? … Continued
According to a recent survey by The Senior Citizens League, 74 percent of survey participants favor applying the 12.4% Social Security payroll tax to all earnings. To learn more, visit . .In addition, if any efforts to transition to private accounts based Social Security succeed TSCL fears that, among other things, a new Notch could be created in the transition. Also, TSCL members generally believe that such approaches could further drain the Social Security Trust Fund. Finally, it is thought that a private accounts venture would be at least partially financed by cutting the benefits of current or soon-to-be retirees. Because TSCL believes that Social Security was developed and implemented to be a safety net, insurance and pension system, it strongly opposes changes to the current system which entail private accounts. .If Congress does not pass the new legislation, there will be a 2% cut starting April 1 and then a 4% cut in Medicare funding amounting to billion in early 202The cuts would be in place for each of the next five years. .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. .Insurance Industry Predicts Premium Increase .In addition, the proposal calls for more than 0 billion in Medicare cuts to hospitals, skilled nursing facilities, and pharmaceutical companies. These cuts could lead to staff reductions, and seniors could see changes in their access to quality care. .To get information about Medicare supplement premiums, first select the plan offering the coverage you are interested in, "A" through "N". You can find a listing of these plans on page 82 of the 2017 Medicare & You handbook but not all states will have all plans. Once you have chosen the plan then you can simply compare premiums between insurers. The coverage for each type of plan is just the same, but premiums between various insurers can vary tremendously. .When Paula D. retired from her faculty position at a Virginia state community college and enrolled in Medicare at age 65, she qualified for supplemental Medicare coverage as a retiree benefit. Paula, like any other Medicare beneficiaries, still felt very confused about what to do. .Read all notices from the Social Security Administration and carefully check the deposit information. If it doesn't agree with your bank account, contact Social Security at once.