Health Reform Poll Finding The Public And The Health Care Delivery 2A copy of the statement from your mother's drug plan through October 2011 showing how much was spent year-to-date and how much she had left of her initial coverage limit. This will document that she had not hit the doughnut hole..Gift certificates for home-heating oil are likely to be among the most appreciated gift you can give this holiday, says The Senior Citizens League. "That's because it will cost many Americans roughly 26 percent more to fill their home-heating fuel tanks this winter than last," says The Senior Citizens League's Social Security policy analyst Mary Johnson. "For people who rely on Social Security benefits, this will be a particularly challenging expense, since Social Security benefits are only increasing 2.8 percent in 2019," she explains..Even the Committee For a Responsible Federal Budget, which proposes the change, suggests that lower-income people could be especially vulnerable under the proposal. The organization is recommending that Congress dedicate about billion in savings from lower spending on COLAs to "enhance various benefits for low-income individuals" saying "while chained CPI is the most accurate measure of inflation, it could result in some undesirable distributional consequences." … Continued
Sports Bras And The Pursuit Of HappinessSocial Security and Medicare remain the targets of plans to reduce federal spending. Over the past 12 months, both Members of Congress and President Obama came close to agreeing on cuts to Social Security benefits, including cost-of-living adjustments and making seniors pay more for their Medicare. How much are Social Security benefits worth over a lifetime and what can you count on? A baby boomer retiring with an "average" benefit of ,100 in 2011 can expect to receive 0,225 over ten years, and 3,641 if he or she lives twenty-five years, due to the compounding effect of the cost-of-living adjustments..According to most projections the change would cut benefits by about 7% over 25 years for current beneficiaries. But that estimate doesn't include the full cost of the cut for new retirees. Baby Boomers who have not yet turned age 60 would be hit particularly hard because the COLA is used in the Social Security benefit formula to adjust average monthly earnings once a person turns 60. The adjustment is automatically applied even if people haven't yet filed a claim for benefits. The COLA adjustments along with a delayed benefit credit helps to boost initial benefits of people who delay benefits and work longer..TSCL enthusiastically supports the No Social Security for Illegal Immigrants Act, and in a survey that we conducted in January of 2016, nearly 90 percent of our members and supporters agreed that such payments should be prohibited. We commend Rep. Rohrabacher for introducing legislation that would protect the integrity of the Social Security program while preventing an unnecessary and unspecified strain on the Trust Fund. We look forward to working with him in the coming months to help build support for his critical new bill. … Continued