Medicare Press Release Questions And Answers About Turning Medicare Into A Premium Support SystemAccording to the Senior Citizens League, recipients of Social Security have seen a 30 percent decrease in their buying power since 2000. Additionally, seniors who are enrolled in Medicare Part B programs or own homes have faced particularly large cost increases. This is because COLAs have not kept up with the increase in seniors' expenses and it is simply unacceptable. This needs to change..According to a recent story by Judith Graham, a journalist for Kaiser Health News, abrupt terminations of home health therapy services are hitting families across the nation. The terminations are in response to a January 1, 2020 change in how Medicare pays for home health services. Some home health agencies are suggesting that Medicare no longer covers certain home health services. But please note: That is NOT the case..It's helpful to think of age 70 as the retirement age to get the maximum benefit that you are entitled to. Not only does your benefit grow 8% per year, but the additional years of work could potentially boost the amount of your initial retirement benefit. By continuing to work you also give yourself more time to contribute to retirement accounts and pay off home mortgages, and you reduce the length of time or amount you will need to withdraw from your retirement accounts. That can make a big difference on how well you can live and thrive in retirement. … Continued
Prevent Vaccines Arent Just Kid StuffFor more information or to view a list of cosponsors, click here..The "Medicare Notch" could affect a growing number of people if inflation remains unusually low while Medicare premium increases are relatively high. With no COLA in 2011 as the Social Security Trustees predict, people protected by the hold harmless provision in 2009 would continue to pay .40 per month, people who enrolled in 2010 would continue to pay 4 because now they would be protected by hold harmless, but new enrollees in 2011 would pay an estimated 0 per month..Action on Capitol Hill remained slow this week, as both Houses of Congress have adjourned for the August recess. However, The Senior Citizens League did see support grow for two key pieces of legislation. … Continued