News

  • Ssa Fails To Obtain Evidence Of Legal Status One Third Of The Time

    On top of unexpected coverage shortfalls, TSCL's 2017 annual Survey of Senior Costs indicates that homeowners' insurance was the fastest growing housing cost over the past year. In fact, since 2000, the national average homeowners premium rose 154%, a rate of about 9.6% per year! .This year, Social Security beneficiaries received no cost-of-living adjustment (COLA) despite a national survey indicating a majority reported higher costs. Do you support legislation that would give seniors an emergency COLA before the end of this year? .Since you were born in 1959, your full retirement age is 66 and 10 months. Starting benefits prior to your full retirement age will lower your monthly payments. If you were to retire at age 62 instead of age 66 and 10 months, a ,000 per month benefit would be permanently reduced to ,416— a reduction of about 29.17%. The longer you delay starting your benefit, the more you will receive. But age 66 and 10 months is NOT your maximum benefit age. Your maximum benefit comes at age 70, no matter when you were born. … Continued

  • 2015 F Q Executive Action Immigration Social Security Medicare 2

    The U.S. has already hit the most recent debt limit on March 2nd, just one month after the government shutdown ended. The U.S. Treasury is currently using "extraordinary measures" to temporarily keep the federal government funded, but the Congressional Budget Office estimates that the Treasury will run out of cash near the end of the fiscal year (September 30, 2019) unless Congress takes action. .The loss of a job entitles each of you to a Special Enrollment Period (SEP), but the rules and deadlines will differ for each of you. Because your husband is under the age of 65, he should check options for coverage on the Health Insurance Marketplace (www.Healthcare.Gov). Because of your husband's job loss, your income may be lower and he may qualify for an advance premium tax credit subsidy that would lower the cost of premiums. .Recent vaccines targeting more limited populations, such as a meningitis B vaccine for college students and the shingles vaccine for older adults, have a retail cost of 0 to 0 for a full course. … Continued

Negotiations on how to fund the Social Security payroll tax cut and the Medicare physician "doc fix" continued this week. House Ways and Means Committee Chairman Dave Camp (MI-4) and Senate Finance Committee Chairman Max Baucus (MT) led the 20 congressional conference committee members in talks aimed at producing a bill by the February 29th deadline. .Totalization Agreement .There are now efforts for legislation to boost domestic manufacturing of pharmaceutical products. There is a new measure that would require the National Academies of Sciences, Engineering, and Medicine to "convene a committee of experts to analyze the impact of U.S. dependence" on foreign medicines and to make recommendations to Congress. There is also an effort to use the fiscal 2021 defense authorization bill to strengthen U.S.-based pharmaceutical manufacturing and advance "make it in America" policies that favor domestic drug-production plants. .How accurate is it? .Terry: The anchor effect is the psychological tendency to rely too much on the first piece of information we get in the process of making a decision. For example, when you go to buy a house, the list price becomes the starting point (the "anchor") for negotiations, even if it is a very poor reflection of the home's true value. When you get a solicitation for a charitable donation in the mail, it often lists suggested contributions, starting with the highest figure they hope you will select. That high figure becomes the anchor for your thinking about what to give. .My brother-in-law has a low income and is getting home healthcare services. Recently I stopped in and saw a fancy new TV. When asked where it came from, my brother-in-law said it was a rebate from the home healthcare agency. Does Medicare or Medicaid allow this? We live in South Florida. .Despite these obstacles, Rep. Rogers and Sen. Mikulski have said they remain committed to passing an omnibus this year, and they have reportedly instructed their aides to have a line-by-line spending plan ready by December 8th. TSCL is hopeful that a compromise can be reached before the looming deadline, since failing to do so would likely have a negative effect on Social Security and Medicare beneficiaries. In the coming weeks, we will continue to keep a close eye on the evolving discussions, and we will post updates here in the Legislative News section of our website. .Some want legislation to correct inequities for those born from 1917 through 1921, while others believe Notch reform must include the years through 192It is important to remember that hundreds of our elected officials agree that there is a Notch, and that Notch Victims deserve justice. However, some interpret the complicated rules affecting Social Security differently from others. We respect and continue to support all Members of Congress who are courageous enough to advocate Notch Reform of any sort. To read more on the Notch, click here: What is the "Notch"? .For more information about the Social Security Administration Fairness Act, visit the Bill Tracking section of our website. For updates on the administration's progress, follow The Senior Citizens League on Twitter.