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Where no average prices are available, U.S. Bureau of Labor Statistics CPI-U numeric data are used..Unrealistic Cost-of-Living-Adjustments : COLAs are already inadequate: Seniors have lost almost one-third of their buying power since 2000, according to a recent TSCL study. In that period, COLAs increased just 31 percent, while typical senior expenses jumped 73 percent, more than twice as fast. There is talk of using a "chained" CPI to calculate COLAs. But the spending patterns assumed by the "chained" CPI don't apply as well to seniors, who spend a larger percentage of their income on necessities that aren't as conducive to substitution. Billed as a mere "technical correction," a TSCL analysis shows that using a "chained" CPI to calculate COLAs would in fact slash payments by more than ,000 over a 25-year retirement. Read more here and here..View the TSCL home page to participate in TSCL's monthly polls..My wife and I run a small business and I'm turning 65 this year. May I postpone enrolling in Medicare Part B? My income is more than 0,000 and I'm concerned I will have to pay more because my income is over the limit..This includes, among other things, legislation to strengthen the long-term viability of both Social Security and Medicare; lowering the costs of prescription drugs; enacting a fair COLA that takes into account the actual cost of living increases seniors face; Social Security Notch Reform; stopping any cuts to Social Security, Medicare or Medicaid, or to the COLA that may be proposed; enacting legislation to provide for dental, vision and hearing coverage for seniors..With about 1 million supporters, The Senior Citizens League is one of the nation's largest nonpartisan seniors groups. Located just outside Washington, D.C., its mission is to promote and assist members and supporters, to educate and alert senior citizens about their rights and freedoms as.We must provide the basic benefits that our seniors count on, regardless of the ups and downs of the economy. In addition to my legislative proposal, I co-sponsored Congressman Earl Pomeroy's Seniors Protection Act, which would have provided a 0 payment to help beneficiaries cover rising costs of Medicare, prescription drugs, and other necessaries. Unfortunately, despite the President already budgeting for it, the House of Representatives did not enact this one-time payment to seniors, veterans, and people with disabilities who receive Social Security to help them make ends meet during this tough time. This payment would have assisted those 54 million vulnerable individuals nationwide. However, this would have been just a short - term solution to the lack of COLA. I will continue to fight to make sure that Congress passes a long-term solution to the manner in which the COLA is calculated..Select a daily benefit amount. You can select an amount like.Although importing prescription drugs from Canada is illegal, a substantial portion of consumers in the U.S. already purchase lower-cost prescription drugs from Canada and other countries. A random sample survey of American adults in 2016 found that 8% of respondents said they or someone in their household had imported a drug at some point, which translates to about 19 million individuals.