Online Educational Resource For Students Helps With Stress AnxietyJohn, age 66, is already enrolled in Medicare in 200He pays .40 per month. Because there is no COLA, and the basic Medicare Part B increases, his Part B premium will remain .40 because he's protected by the hold harmless provision. His premium will be adjusted to prevent a reduction in his Social Security in 20His wife Jane is 6She's not eligible to enroll in Medicare Part B until 20Her monthly premium would be an estimated 4 instead of .40. She won't have "hold harmless" protection until 2011..When Your Doctor no longer takes Medicare.A recent report by the Office of Inspector General of the Department of Health and Human Services has also found that high price drugs are affecting federal spending on drugs and increasing federal payments for Medicare Part D catastrophic coverage. Once people hit the catastrophic level of Part D coverage, beneficiaries pay a 5% coinsurance for drugs while the Federal Government pays the vast majority of the remaining costs. But there is no limit. The Inspector General's report said that federal payments for catastrophic coverage in 2015 exceeded .2 billion in 2015, which is more than triple the amount paid in 20Incredibly, only ten high-priced drugs accounted for nearly one-third of all drug spending in catastrophic coverage in 2015. … Continued
Statedata Collection Medicaid Behavioral Health ServicesIf adopted, S. 269 would strengthen and reform the Social Security program by providing beneficiaries with a 2 percent benefit boost, basing cost-of-living adjustments on the CPI-E, creating a new minimum benefit set at 125 percent of the poverty line, and cutting taxes for beneficiaries. It would also apply the payroll tax to income over 0,000 and gradually increase the payroll tax rate to 7.4 percent..The Senior Citizens League enthusiastically supports S. 974, and we will continue to advocate for its passage on Capitol Hill in the months ahead. For more information about this bill and others that have been backed by The Senior Citizens League, visit the Bill Tracking section of our website. For frequent progress updates, follow TSCL on Twitter..Are you making the most of your money? A new online website and tool, EconomicCheckUp®, can help you get a better understanding of your financial situation and find personalized, appropriate solutions to save money. You can use it to find work, learn to better manage your budget and explore options to reduce debt, or to explore options to use home equity. … Continued