"The switch looks deceptively small on paper," says TSCL's Executive Director Shannon Benton. "But it would have a big impact on Social Security income," she says..It's important for the public to understand how the bill would increase costs and affect access to health care. The May 4th House vote took place less than 24 hours after the revised bill was posted, and without the nonpartisan Congressional Budget Office's analysis of the new bill. "Meaning that House GOP Members voted without having adequate time to review the bill, knowing the full cost of the legislation or how the new changes in the bill would impact coverage for their own constituents," Johnson points out. "The public has a right to know that information prior to our elected lawmakers enacting legislation.".On Wednesday, the Social Security and Medicare Trustees released their 2015 reports on the financial outlook of the two programs. At a press briefing, Treasury Secretary Jack Lew said: "Today's reports confirm that both Social Security and Medicare are secure today and will remain secure in the years to come. Consistent with previous years, today's reports also show that these programs are facing challenges that need to be addressed.".View Cosponsors.Senator Thune also said there are no plans for the Senate to stay in session longer than it normally would to get their work done. That means they will take their usual August break as well as the usual recesses during upcoming holidays..If your brother was a victim of auto dealer fraud, you may want to look for an attorney who would be willing to work on a contingency basis. If fraud is proven, your brother may be allowed to surrender the unwanted vehicle and the court may order a refund of all payments made toward purchase in addition to canceling any outstanding loan balances. If your brother will have trouble affording an attorney, contact your local Area Agency on Aging or senior services department and ask about legal aid services in your area..However, as you may already suspect, that's not necessarily the way our government calculates the change in price. The federal government doesn't simply calculate the difference in cost of navel oranges from one period to another. If another type of orange, such as Valencia is priced lower, at .39 per pound in June when navel oranges are .49, then our government assumes you buy the lower-cost orange, whether or not you actually do so. The price change from .39 in December of 2018 for the navel oranges to .39 in June of 2019 for the Valencias would show no price increase at all for oranges. It would show prices are flat, and that would be reflected then in the overall CPI. One obvious problem is the fact that consumers can't always readily substitute lower-costing items in certain expenditure categories, especially for things like medical services and prescription drugs..This week, The Senior Citizens League was pleased to see support grow for three key bills that would improve the Social Security and Medicare programs..While most retirees tend to want to hold onto their current supplement or health plan, concern about rising costs is universal. TSCL's 2019 Senior Survey found that more than 75% of survey respondents favor the establishment of a cap on the maximum percentage of profit that private insurers may earn.

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Social Security benefits have lost 34 percent of buying power since 2000, according to the 2018 Social Security Loss of Buying Power Study recently released by The Senior Citizens League. This is the biggest loss of buying power recorded since 2012, and that was the biggest loss that The Senior Citizens League's study has recorded to date..Medicare "Premium Support" Gains Momentum.Administration Making Efforts To Rein In Medicare Fraud … Continued

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Three Programs That Help Seniors With Medicare Costs.President Trump Signs Executive Order to Expand Private Medicare Plans.Even when you spend ,000 out-of-pocket, there are still out-of-pocket costs. At the catastrophic level of coverage there are smaller co-pays or 5% coinsurance, which can further lead to substantial out-of-pocket spending. In 2015, for example, Part D enrollees with out-of-pocket costs above the catastrophic threshold comprised just 2 percent of all enrollees, but their spending totaled 20 percent of enrollees' total out-of-pocket spending for the year, according to the Kaiser Family Foundation. … Continued

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