New rules prohibit insurers from rejecting applicants with pre-existing health problems or charging you more based on your health history. The law also sets limits on how much insurers may charge older buyers. Premiums for a 64-year-old can be no more than three times as much as they are for a 21-year-old. However, concerns are widespread that insurance costs could still be challenging for many seniors..I get my Medicare health plan under my wife's company insurance. My wife is not on Medicare yet, she also gets her health insurance through her former employer. We are both retired and live on a fixed income. When does she need to enroll in Medicare?.Of the respondents, 19% said they had used bleach on food, 18% said they had applied household cleaners to their skin, 10% said they had misted themselves with disinfectant sprays, 6% had inhaled vapors from the cleaners, and 4% had drunk or gargled diluted bleach solutions, soapy water, or other disinfectants..For those planning retirement however, it is the estimated dollar amount in Social Security benefits, not the replacement rate, that what one uses to determine a retirement budget, or how much more one will need to save for retirement. When one retires, it is the actual benefit amount, not the replacement rate that one must live on. One of the most frequent requests for services received by Social Security Administration is for an estimate of benefits. While no promises of benefits are made, millions of estimates are made annually. If the rules are changed abruptly, as they were for those born during the Notch period, this leaves no time to save for the shortfalls in benefits..A new analysis from The Senior Citizens League indicates that Social Security checks in 2019 are as much as 18 percent lower due to the impact of extremely low COLAs over the past ten years. From 2000 to 2010, COLAs routinely averaged 3 percent annually. People who have been receiving Social Security benefits since 2009, have only seen a COLA higher than 2.8 percent one time..[2] Social Security: What Would Happen If The Trust Funds Ran Out? Christine Scott, Congressional Research Service, October 21, 2013, RL33514..This week, lawmakers continued working on an omnibus spending bill, and The Senior Citizens League endorsed new legislation that would give Social Security beneficiaries an emergency cost-of-living adjustment next year..Covid-19 displaced suicide as one of the top 10 causes of death..Even when patients do seek treatment at a hospital mainly staffed by doctors in their insurance plans, they might wind up being treated by an out-of-network specialist. Worsening the problem, insurers have narrowed their networks of preferred doctors over the years in hopes of steering patients away from hospitals to lower-cost outpatient facilities and doctors.

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This discrepancy between COLAs and real costs is squeezing senior households. Retirees are forced to draw down savings faster than planned, and work far longer than anyone ever imagined. In addition, the percentage of households with credit card debt headed by someone age 75 or older has doubled from 11 percent in 1998 to 22 percent in 2010 according to recent data from the Employee Benefit Research Institute. The sad fact is that people 65 and older are the fastest-growing segment of the U.S. population filing for bankruptcy. Seniors are getting deep into debt because of high medical bills, long-term care costs, and dwindling retirement savings..In January of 2021, bipartisan legislation, the Social Security Fairness Act, which would eliminate the WEP and the GPO, was introduced by Rep. Rodney Davis. To date, the bill has 136 co-sponsors including BOTH Democrats and Republicans. TSCL strongly endorses this legislation and we encourage you to ask your Representative to support it. Public service employees deserve to get all the Social Security benefits they rightfully have paid for..Telephone scammers are bilking Medicare out of billions of dollars, and bombarding millions of older U.S. consumers with multiple daily automated phone calls for everything from "free" back braces to genetic tests. While Medicare scams have been with us for decades, what's new is the use of automated calling technology, and the massive international scale of the scams. … Continued

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In our analysis, it appears that this new program adds layers of complexity and apparently will drive up the overall costs of everyone enrolled in the Part D plans that participate in this..12 Ways Seniors Would Get Less, Pay More.The Social Security Administration adjusts the amount of your benefits based on what you estimate that you will earn. If you go back to work, let the Social Security Administration know right away. If other family members get benefits based on your work, your earnings may reduce their benefits too. … Continued

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