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    For women, that number is even lower, it's ,000 a year. .When you get your new card, you may begin using it at once. But if you forget to bring it with you to your next doctor's visit your doctor's office should be able to use your old card until December 31, 2019. .In setting prices, drug makers rarely acknowledge the considerable federal funding and research that have helped develop their products; they have not offered taxpayer-investors financial payback. … Continued

  • Legislative Update For Week Ending November 16 2012

    However, you don't need to read the 265-page report to understand why Medicare is going broke. Last year, Medicare spent 3 billion, but only took in 6 billion—leaving a billion deficit in just one year. With 10,000 new individuals becoming eligible each day, it's only going to get worse. .The CPI-E tends to grow more quickly than the CPI-W in most years, because it more accurately accounts for the percentage of income that retirees spend on healthcare and housing costs. Those two categories tend to increase several times faster than inflation, and tend to take a bigger share of retiree income. The CPI-E tends to give less weight to items like gasoline and consumer electronics which have fallen significantly in recent months and helped drag down the COLA for 2020. .And, there's more! "The Best Ways to Save" has helped hundreds of thousands of seniors live better in retirement with valuable tips for getting the most out of Social Security and Medicare benefits and stretching retirement income. To request your free special issue send for postage and handling to: The Senior Citizens League, ATTN: BWTS, 1001 N. Fairfax St., 101, Alexandria, VA 2231Or visit TSCL on the web at . … Continued

But changes to illegal immigration enforcement can have long-term financial implications for federal benefit programs, including Social Security and Medicare. With work-authorization and valid Social Security numbers, even noncitizens can potentially become entitled to Social Security benefits with enough years of earnings or a change of legal status. At issue is whether work prior to obtaining legal status and valid Social Security numbers would count toward entitlement to Social Security and Medicare benefits — under current law it does. .This week House Speaker Nancy Pelosi (D- Calif.) introduced a more than trillion coronavirus aid package, a sweeping effort with trillion in aid for states and cities. It also includes billion for testing people for the novel coronavirus, direct payments of up to ,000 per U.S. household, billion in emergency grants for small business and billion for the U.S. Postal Service, among other things. .To learn more about proposals that would affect your Medicare and Social Security benefits, to get tips on reducing your Medicare costs, and to sign up for TSCL's free online newsletter, The Social Security & Medicare Advisor, visit TSCL at . .Planning healthcare costs is extremely important, but not an easy task. According to the Kaiser Family Foundation, healthcare expenses, on average, accounted for nearly 15 percent of Medicare household budgets in 200But even if you're in good health today, you're not out of the woods. The amount you spend on healthcare not only grows every year, but your need for more healthcare services increases with age. .This is a much longer legislative update than usual but there is a lot of information about the pricing of prescription drugs that we believe is important for you to know and that you might be interested in. .We at TSCL are not doctors or scientists. But with all the different voices being heard about what the right thing is to do or not to do, what we do urge you to be is very cautious. It makes sense to us to listen to the trained professionals in medical and scientific fields as we deal with our current health care situation. .TSCL will be watching closely for the expected executive orders and we will report on them in our legislative update that follows the release of the orders. .America's seniors deserve a secure retirement without the constant worry of how to make ends meet. Washington should be helping in this effort, not making it harder. But that's not what's happening. .Republicans Sweep Tuesday's Elections