News

  • Q A 2 Feed

    We enthusiastically support H.R. 1811 and H.R. 1716, and we were pleased to see support grow for both bills this week. .The proposal to switch to the chained CPI has come up numerous times during past budget negotiations over lifting the federal debt limit. Most recently the proposal appeared last December in a 2016 House bill that would reform Social Security, and in an alternate fiscal year 2017 budget proposed by the Republican Study Committee. The proposal remains a key provision of debt reduction plans, because so many federal benefit programs and the tax code are adjusted using the CPI. The CPI-U has recently been proposed to index Medicaid payments in the Senate health bill. Economists have estimated that adopting the chained CPI would cut Social Security by 0 billion over ten years. .The plan was blocked in lower courts after the state of Texas and 25 other states sued, saying that Obama had exceeded his authority. TSCL filed a "friend of the court" brief, in support of Texas and the other states, arguing concerns about costs to Social Security and Medicare. … Continued

  • Private Medicare Plans Too Costly Congress Told 2 Feed

    Capping the Part D out-of-pocket spending requirement is a key provision of the bi-partisan Senate drug bill, "Prescription Drug Pricing Reduction Act of 2019" (S.2543). "Several of the provisions of this bill appear to have broad support with Medicare beneficiaries," notes Mary Johnson, a Medicare and Social Security policy analyst for The Senior Citizens League. The new survey found widespread support among survey participants for capping Medicare Part D out-of-pocket requirements at no more than 0 per month (,000) per year. About 36 percent of survey participants reported spending up to 0 per month on prescriptions in 2019, and another 21 percent spent more than that. .Tucked away into the President's health care law is a little-known tax increase that's scheduled to hit seniors in 201If allowed to go forward, they will find themselves facing hundreds of dollars in higher taxes – at a time when many can least afford it. .A majority of seniors 65 and older who receive Social Security depend on it for at least 50 percent of their total income, and one in three beneficiaries rely on it for 90 percent or more of their total income. TSCL is fighting proposals to cut COLAs. TSCL believes that seniors could receive a more fair COLA if the government were to use a consumer price index that more closely tracked the spending patterns of seniors. … Continued

Single taxpayers with more than one job. .TSCL also announced its support this week for the Medicare Prescription Drug Price Negotiation Act (S. 41, H.R. 242), which was introduced by Senator Amy Klobuchar (MN) in the Senate and by Representative Peter Welch (VT) in the House. Their bill, if signed into law, would require the Secretary of the Department of Health and Human Services (HHS) to negotiate prescription drug prices on behalf of nearly 40 million Medicare Part D beneficiaries. If HHS were able to negotiate similar prices as those paid by Medicaid and the Veterans Health Administration, the Medicare program would save billions of dollars annually, and beneficiaries would have better access to more affordable prescription drugs. .The Supplemental Poverty Measure reflects out-of-pocket medical spending and adjusts for the cost of living depending on where you live which are not taken into account by the official poverty measure. Here are some key findings from the analysis: .The way to learn about your drug plan choices is to use the Medicare Drug Plan Finder at www.medicare.gov. You will need a complete up-to-date list of your current prescriptions. Correct spelling is essential. Using a computer, either you or a Medicare benefits counselor will input your information and prescription information. The Drug Plan Finder will pull up a list of all the plans in your area and the estimated costs for each based on the prescription you currently use. .The order is expected to apply to government programs and agencies that directly purchase drugs and medical supplies, according to lobbyists and industry watchers. They may include the Department of Veterans Affairs, the Strategic National Stockpile, and the Federal Bureau of Prisons. .Click here for more information about our legislative agenda. There you can also sign a petition to your Members of Congress, view bills that have been recently introduced in the House and Senate, and stay updated with the latest news on Capitol Hill. ."Social Security Stops Trying To Collect On Old Debts By Seizing Tax Refunds," Marc Fisher, The Washington Post, April 14, 2014. .Senior Medicare Patrol Saved Millions in 2013 .Under both measures, the poverty rate increases with age, and was higher for people in relatively poor health.