News
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Category Issues Medicare Part B Bills Feed
You don't need to be a doctor to understand that Medicare-for-all would mean access to quality health care for none. So, as presidential candidates continue their road trip to ruin for rural America, remember that the hollow promises of a trillion government-run proposal would disproportionately affect the families who work every single day to feed and clothe you and your families. .Using statistical data from the Social Security Administration, TSCL estimates about 88 percent of Social Security beneficiaries have received benefits during the 2009 – 2015 period and have been impacted the hardest. "With 64 percent of older Americans depending on Social Security for over half of their income, going without a COLA is a loss of income that most beneficiaries simply can't be expected to bear," Cates says. Spiking medical costs are causing retirees to go into debt, and run through their savings," he adds. .That has never been truer than in this Congress. In trying to craft the new legislation to improve Medicare benefits and lower drug prices, it turns out it's not just Democrat vs. Republican, it's also Senate vs. House, Democrat vs. Democrat, and to a lesser extent, Republican vs. Republican. … Continued
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Social Security Medicare Questions September 2011 Advisor Feed
TSCL's Board of Trustees on Capitol Hill .This is a major blow to military retirees whose reasons for settling around a military base included getting the health care they were promised when they agreed to serve a career in the Armed Forces. .Obviously we will continue to push for passage of those bills and keep you updated about their progress as things develop. … Continued
The Senior Citizens League agrees that the Social Security 2100 Act is a fair and responsible solution to the financing challenges facing the program, and we are proud to have endorsed the it. In the months ahead, we will advocate for its passage tirelessly, and we hope to see it signed into law before the end of this year. .Get unbiased counseling. NEVER, EVER drop your Medicare supplemental or switch Medicare Advantage plans based solely on the sales pitch of an insurance agent! This is especially true if the agent is trying to pitch you from a table set up in a discount store, or pharmacy window. DO NOT do business at all with anyone who calls on the phone or knocks on your door, regardless of who they say they are. There have been very widespread reports of con artists who tell seniors they are calling from Medicare or Social Security. You have no safe way of confirming who they are. Don't respond. Hang up and keep your doors locked! .For information about town hall meetings near you in the final days of the week-long recess, call the local offices of your elected officials. You can find contact information for your Members of Congress right here. .The implication that older Americans don't need their Social Security and Medicare benefits, and that seniors are demanding theirs at the expense of the young, is a nasty tactic that's not supported by the facts. According to the Social Security Administration, 50 percent of people age 65 and older have a total income of ,857 —hardly rolling in dough. Yet, those same seniors spend an average of 15 percent of their incomes on healthcare costs — a portion that is rapidly growing. .The definition of disability under Social Security is different from other programs. Social Security only pays benefits for total disability, and none are paid for partial or a short-term disability. To determine if your husband is disabled, the Social Security Administration will examine the following: .You should still watch out for symptoms of COVID-19, especially if you've been around someone who is sick. If you have symptoms of COVID-19, you should get tested and stay home and away from others. .President Gives First State of the Union .No change to the taxation of Social Security benefits: Up to 85% of Social Security benefits can be subject to taxation. When that provision was first enacted into law in 1983, it was expected to affect only 10% of households with Social Security income. But unlike tax brackets, the income thresholds subjecting Social Security benefits to taxation have never been adjusted. Today, just as in 1983, individuals with incomes greater than ,000 (or ,000 for married couples filing jointly), pay taxes on their Social Security benefits. According to TSCL surveys, roughly half of all households receiving Social Security pay tax on a portion of their benefits. Not only are the numbers who pay the tax growing, but people are paying taxes on larger portions of their Social Security income as well. .TSCL enthusiastically supports the five bills listed above and we were pleased to see support grow for them on Capitol Hill this week. For more information, visit the Bill Tracking section of our website. To thank your representative for becoming a cosponsor or to request their support for legislation, visit our "Contact Congress" page.