Legislative Staff Coordinating Committee Directory Of Webinars For Legislative StaffWhile benefits scheduled in the law for OASI [Old Age and Survivors Insurance] and DI [Disability Insurance] are obligations, such obligations can only be met to the extent that asset reserves are available in the OASI and DI Trust Funds. The law does not provide authority for the trust funds to borrow in order to pay benefits beyond the limited authority for "advance tax transfers.".Majority Of Retirees Would Raid Savings Or Borrow For Financial Emergencies Says New Poll By The Senior Citizens League.The Internal Revenue Service interpreted the law to allow eligible consumers to receive premium subsidies regardless of whether the exchange was run by their state or by the federal government. Challengers of the law question that interpretation, saying that the law as written clearly directs subsidies to state-run exchanges only. Health law proponents say that lawmakers fully intended that subsidies be offered on all exchanges, regardless of whether they were administered by the states or federal government. … Continued
A Doctors Journey From Fat To Fit Facing My Own MortalityWhen You Can't Afford Your Prescription Drugs, Apply For "Extra Help".Several lawmakers also asked Congressman Price about comments he recently made to reform the Medicare program before the end of the year. Congressman Price told the HELP Committee Members that there are no immediate plans to reform the program, and that he has not yet discussed the topic with the new administration. Congressman Price has authored several proposals in recent years that would transform the traditional Medicare program into a "premium support" model, where beneficiaries would be given vouchers to purchase private health insurance. TSCL opposes such plans since we believe they would result in higher out-of-pocket costs for seniors, and we will continue to advocate against them in the months ahead..Joyce Heap was in end stage Alzheimer's disease, and living at a nursing home run by an Armenian couple, when her daughter Denise spotted suspicious charges on forms from her mother's Medicare drug plan. Denise Heap went online to find out what the drugs were, and she discovered her mother was supposedly receiving medications for conditions she didn't have, like breast cancer, asthma, and emphysema. Heap was convinced that someone used her mother's identity to bill Medicare for more than ,000 worth of medications in just three months. … Continued