News
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Legislation Would Make It Easier For Low Income Beneficiaries To Qualify For Medicare Assistance
On Thursday, the Social Security Administration (SSA) announced that beneficiaries will receive a 2.8 percent cost-of-living adjustment (COLA) in 201It will be the largest Social Security COLA since 2012, but around 5 million seniors with the lowest Social Security benefits are expected see no net increase in their monthly checks after Medicare Part B premiums are deducted. Those with benefits of around 5 per month or less are expected to see no net increase. .President was expanding home and community-based care for the elderly and disabled and improving conditions for the poorly paid workers who give that care. .Throughout the hearing, Barthold urged the Committee Members to address the corporate and individual tax codes. For both, he recommended total overhaul. … Continued
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S 141 Protecting Seniors Access Medicare Act
Medicare's 2021 physician fee schedule would've cut payments for radiology by 10%; physical/occupational therapy by 9%; anesthesiology and cardiac surgery by 8%; critical care by 7%; general surgery by 6%, and infectious disease by 4%. .And it will not feel like a bargain if we get free or cheap vaccines during a pandemic but pay dearly for annual COVID-19 shots thereafter. .Several lawmakers at Tuesday's hearings voiced concerns about Congressman Mulvaney's Social Security and Medicare reform positions. Senator Bernie Sanders (VT) – Ranking Member of the Senate Budget Committee – said: "The opinions and views of Mr. Mulvaney are way out of touch with what the American people want. And more importantly, they are way, way out of touch with what President Trump campaigned on." Congressman Mulvaney stated, "I haven't exactly been a shy Member of Congress in my six years here, and I don't expect to end that here today or if I am confirmed as Director of OMB." He said he would be "completely and brutally honest" as a budget advisor to President Trump. … Continued
Unfortunately, the Senate disagreed among themselves about what to do and they were unable to craft a bill that could pass the Senate. .Graves can't understand why the pricing is going unchecked by the federal government. "This needs to be investigated," she says. "People who don't have good Part D coverage or the money to pay for their drugs would be forced to go without," she protests. "It's GREED, GREED, GREED!" .Because of the huge demand various brands of sanitizers started appearing in stores that we had not seen before. Then we were alerted that some of those that were made in Mexico contained methanol, a form of alcohol that's poisonous to humans, and we should not use them. .What Do We Do Now? My Husband Lost His Job And Our Healthcare Coverage .Your required minimum distribution (RMD) is the minimum amount that you must withdraw from retirement accounts each year. Failure to do so by your deadline can result in a penalty equal to 50% of the required amount not withdrawn. .The following Members of Congress, among many others, will be holding town hall meetings this week: Sen. Michael Crapo (ID), Sen. Jerry Moran (KS), Rep. John Ratcliffe (TX-4), Rep. Gus Bilirakis (FL-12), Rep. Bradley Byrne (AL-1), Rep. Tom Cole (OK-4), Rep. Tom Emmer (MN-6), Rep. Tom Graves (GA-14), Rep. Doug LaMalfa (CA-1), Rep. Thomas Massie (KY-4), Rep. Susan Brooks (IN-5), and Rep. Robert Pittenger (NC-9). .Congress first approved the WEP in 1983 as part of a large package of Social Security reforms that included increasing the full retirement age. The stated intent was to remove an unintended advantage for workers who collect non-covered pensions, but also did some work in jobs covered by Social Security. .In 2016 there was no COLA at all, and in 2017 the COLA was just 0.3 percent. During that time a special provision of law known as "hold harmless" protected about 70 percent of Social Security recipients from reductions to their Social Security benefits due to increasing Medicare Part B premiums. .The President's order halts the collection of payroll taxes from Sept. 1 through the end of the year. In addition, he instructed the Treasury Department to look into how the government can forgive the deferred tax payment permanently because as things stand right now the taxes must be repaid after the first of the year.