Health Costs Issue Brief Data Note Americans Challenges Health Care CostsThis question is signficant in light of proposals.Notch Bulletin: Does Your Representative Support Notch Reform? Help Us Build Key Support Now.Social Security's combined Old-Age and Survivors Insurance and Disability Insurance Trust Funds will be fully funded until 2035 one year later than was projected in last year's report. At that point, if nothing is done by Congress, Social Security would still have the funds to pay out 80 percent of scheduled benefits using tax revenues alone. The Trustees also estimated that Medicare's Hospital Insurance Trust Fund will be fully funded until 2026, at which point the program would still be able to pay out almost 90 percent of scheduled benefits using tax revenues..Interest rates fell. Seven percent of Social Security financing comes from the interest earned by the assets held by the Social Security Trust Funds. Those assets are actually non-marketable government bonds, like I.O.U.s from the U.S. Treasury payable to the Social Security Trust Fund. That income stream was reduced because short term interest rates dropped to extreme lows during 2020 and so far in 2021. … Continued
Demise Of The Health Care MascotBy working longer, you may have access to employer-provided health.New Bill Would Expand Medicare Coverage.This week, the partial federal government shutdown continued for the fifth week, and The Senior Citizens League announced its support for one new bill that would expand Medicare coverage to include essential health services. … Continued