News
-
Legislative Update For Week Ending April 18 2014
This week, The Senior Citizens League was pleased to see support grow for four key bills that would improve retirement security in America if adopted. .This week, TSCL's Board of Trustees traveled to Washington, D.C. for its first meeting of 201The Board of Trustees includes the following members: Edward Cates, Chairman; Charlie Flowers, Vice-Chairman; Arthur Cooper, Secretary; Deborah Oelschig, Treasurer; Michael Gales, PAC Treasurer; and Larry Hyland, Liaison and President of TREThe Enlisted Association. .Here are some examples of scams being tried. … Continued
-
Congressional Corner An Open Letter To Tscl Petition Signers From
Foster testified before our committee that changes included in the health care law will cut funding for hospitals, skilled nursing homes, diagnostic labs and many other services by more than half the levels under prior law. In addition, future Medicare payments will be considerably below the current relative level. These rates would cause a significant number of providers to leave the market. .Last July 24 President Trump announced his intention to sign four executive orders regarding prescription drugs, including one that would tie the cost of drugs in the US to drug prices in other countries. At the same time, he said he would delay signing the order and give pharmaceutical companies, which have vigorously opposed such a move, time to come up with their own plan to lower drug prices. .Even though I have good insurance, I wound up with ,260 in unexpected out-of-pocket costs after being referred to a specialist who ordered "a few tests." I later learned that most, if not all of the tests I was given were probably unnecessary, and not recommended by the physician groups, based on my medical history. The visit with my specialist lasted only 15 minutes. At check out I learned the doctor had ordered four high-tech tests including a CT scan. No explanation was given about what the doctor was looking for, why the tests were necessary, or how they would help, nor was I given the opportunity to go back and ask the doctor before leaving. Nothing abnormal was found in any one of them. While I'm grateful for that, the stack of bills I received later forced me to tap savings that I was hoping to count on for retirement. … Continued
While more than 47 million citizens of the United States are Medicare beneficiaries, each day 10,000 newly eligible citizens enroll in the Medicare program. And, according to the non-partisan Congressional Budget Office (CBO), the Hospital Insurance Trust Fund — the fund that pays the Medicare bills — is projected to become exhausted in 202On top of this, the Department of Justice estimates that billion is lost each year from fraud in the Medicare program. .The overpayment amount that the Social Security Administration is claiming in your case may be due to several reasons. Here are some things that may affect you: .TSCL recently delivered letters to every Member of Congress asking for their vote in favor of legislation. To learn more, visit . .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 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. .Here are two actual cases from the Social Security Administration's Office of Inspector General, and estimates of what the cost would be over a 20-year period by Advisor editor, Mary Johnson. . The situation that we all are in is precarious, and that includes the worldwide supply chain for prescription drugs. (More on that in a minute.) You need immediate help and here's a check list of what I suggest you try: .This week, lawmakers in the House and Senate remained in their home states and districts to continue the fall congressional recess. .The sharp plunge was the result of changes that Congress made in 1977 to a. Could Your Benefits Be Notched? The Notch Fairness Act Introduced in the House and Senate