Report Section Racial And Ethnic Health Inequities And Medicare Access To Care And Service UtilizationAccording to the Social Security Administration, beneficiaries will receive a 1.7% COLA starting in January of next year. The low COLA comes close on the heels of two years when no COLA was paid, in 2010 and 201The COLA in 2012 was 3.6%. "The anemic growth in benefits will cause tens of millions of seniors to spend a bigger portion of their monthly Social Security payment on healthcare and other costs next year," says TSCL Chairman Larry Hyland..Let me be clear: I value genuine research and development, I believe drug companies should be able to make reasonable profits, and I understand that investors expect reasonable returns. I also believe, however, that it is Congress' job to ensure that Americans do not have to live with the fear that they will go bankrupt if they get sick. That is why I introduced the Prescription Drug Affordability Act of 2015 with Senator Bernie Sanders last year. This bill is a bold and comprehensive approach to reducing prescription drug prices in the United States. It empowers the Secretary of Health and Human Services to negotiate drug prices under the Medicare Part D prescription drug program; it enhances transparency, encourages competition, and brings much needed accountability to the pharmaceutical industry..On Wednesday, lawmakers on the Senate HELP Committee held a courtesy hearing to question Representative Tom Price, a Congressman from Georgia and an orthopedic surgeon who has been nominated to fill the position of HHS Secretary. Both the Social Security Administration and the Centers for Medicare and Medicaid Services fall under the jurisdiction of HHS, and the agency has one of the federal government's largest budgets at trillion. … Continued
Health Innovations In Health Care A Toolkit For State LegislatorsNew Co-Sponsor for Key Bill.TSCL Announces Support for New Bill.TSCL's annual senior survey, conducted from January through March of this year, confirmed that monthly household expenses made steep increases over the past year. The majority, 67%, indicated their monthly expenses went up by more than With today's Social Security benefit averaging ,320 per month, this is an unsustainable level of rising spending when there's just a 0.3% benefit increase to match. … Continued