News

  • Comparing Drug Plans Saves Senior More Than 3000

    While President Trump has long called for reducing the prices of prescription drugs, his administration took action this week that will likely raise the costs for some seniors. .What is a surviving beneficiary spouse? .However, statistics indicate that unauthorized immigrants from Mexico make up a majority of all unauthorized immigrants in the U.S., and in a 2003 report, the General Accounting Office (GAO, now known as the Government Accountability Office) recognized the potential for unauthorized immigrant workers to abuse the Social Security system and fraudulently obtain benefits. … Continued

  • Legislative Update Social Security Trust Funds

    There's hardly anyone who isn't feeling the effects of our "Great Recession." We've learned of seniors sharing depression-era survival techniques with younger family members. Meanwhile their Baby Boomer children nearing retirement wonder if they'll ever have enough money to retire. .In the weeks ahead, The Senior Citizens League will continue to advocate for the passage of H.R. 508, and we hope to see it signed into law by the end of the 115th Congress. For more information about the Seniors Have Eyes, Ears, and Teeth Act, visit the Bill Tracking section of our website. .Social Security arose again at the hearing when Committee Member James Clyburn (SC) commented on the payroll tax cap, which is currently set at 6,800. He suggested that the cap be raised to cover 90 percent of income – as it did in the early 1980s – in an effort to restore the program to solvency. Some Members scowled disapprovingly at this proposal and it is still unclear whether the Committee will even touch Social Security, but if they do, this option could appear on the short-list. Clyburn asked Barthold to research the potential effects of raising the wage cap and to report back to the Joint Committee. … Continued

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. .Scrapping the Social Security payroll tax cap on the taxable wages would not only provide enough revenues to make the program solvent for another 50 years, but would also pay for a more fair and accurate cost-of-living adjustment (COLA) for current retirees. For example, say a CEO of a company receives million in compensation. That individual and the employer each pays 6.2% Social Security taxes on the first 8,500 in wages. Social Security receives a total of ,69But if the entire million were taxed, Social Security would receive 8,000 instead. .In 2015, the last time a zero COLA was announced for the following year, the base Part B premium increase was estimated to be 52 percent.[2] While an increase of that size is not expected for 2021, any double digit increase in Medicare premiums would be unsustainable for many older households whose retirement savings have been negatively impacted by the coronavirus recession. .The Senior Citizens League is pleased that lawmakers successfully advanced legislation that will result in lower out-of-pocket costs at pharmacies, but we believe Congress can and must do more to reduce prescription drug prices. In the months ahead, we will continue to advocate for comprehensive legislation like the Improving Access to Affordable Prescription Drug Prices Act (S. 771, H.R. 1776), which would lead to significantly lower costs for seniors if adopted. For progress updates, follow The Senior Citizens League on Twitter or visit the Bill Tracking section of our website. .Call your local State Health Insurance Assistance Program (SHIP) and ask for free counseling from a Medicare counselor. You can find local contact info here: https://www.shiptacenter.org. Many of these programs operate through local agencies on aging or senior services departments. Counselors can help you over the phone from home. .To get answers to questions about Extra Help and to get assistance for choosing a drug plan, call your State Health Insurance Assistance Program (SHIP). You can call 1-800-MEDICARE ( 7) for the number or check with your Area Agency on Aging. .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. .In addition, eleven new cosponsors signed on to the Preventing and Reducing Improper Medicare and Medicaid Expenditures (PRIME) Act (S. 1123 and H.R. 2305) this week, bringing the total up to seventeen in the Senate and nineteen in the House. If signed into law, the bill would take a number of steps to prevent fraud, waste, and abuse within the two programs. It would enact stronger penalties, curb mistaken payments, phase out the "pay and chase" method, reduce physician identity theft, and improve data-sharing, among other things. The new cosponsors are Sens. Joe Manchin (WV) and Mike Johanns (NE), and Reps. Tim Griffin (AR-2), Diane Black (TN-6), Tammy Duckworth (IL-8), Ed Whitfield (KY-1), Reid Ribble (WI-8), Steve Womack (AR-3), Julia Brownley (CA-26), Tom Latham (IA-3), and Markwayne Mullin (OK-2). .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.