Medicare Part D prescription drug coverage hit a new milestone this year. The highly - loathed "doughnut hole" or "coverage gap" closed this year. But that doesn't mean prescriptions will be free. The co-insurance in the former Part D doughnut hole dropped to 25% of all drug costs. That's the good news. But the out of pocket spending that's required to qualify for catastrophic drug coverage took a big jump, from ,100 in 2019, to ,350 an increase of ,250. That's the biggest jump in the out-of-pocket threshold since the start of Part D in 2006.."Caught Up In A Medicare Drug Fraud," Tracy Weber and Charles Ornstein, ProPublica, December 31, 2013..To learn more about how work affects your benefits, call the Social Security Administration toll free at and ask for How Work Affects Your Benefits.For the sixth consecutive year, Social Security beneficiaries will receive a cost-of-living adjustment that's a near-record low. Benefits will rise in January by a meager 1.7% after a 1.5% increase in 201In fact, inflation has been growing so slowly that the annual increase has averaged only 1.4% per year since 2010 - less than half the 3 percent average during the prior decade. In 2010 and 2011, benefits didn't increase at all, and a 1.7% increase next year won't pull up the five-year average..Then, when I try to figure out why nothing got done today I'm really baffled because I know I was busy all day, and I'm really tired..Senate Committee Debates Future of ACA.State and local property taxes up to ,000..Open Enrollment on the new health exchanges starts November 15 and will run for about one month. But even after a year of technical problems and significant repair efforts, the Government Accountability Office recently warned Congress that the federal exchange may continue to have more enrollment problems. Nevertheless, due to the high cost of insurance and potential tax repercussions, TSCL recommends that you start early and be persistent about finding your best plan..However, according to a message from Congresswoman Abigail Spanberger, she has looked into this and discovered an error in the CARES Act that was passed in March and gave economic aid to individuals and companies in the U.S., that could result in Medicare beneficiaries having to pay out of pocket for a vaccine.

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When it comes to the future of Social Security, we have a choice: we can tell our children and grandchildren that their Social Security benefits won't be there for them because of a regressive tax that benefits the wealthy. Or, we can do what's right to make sure America's seniors and disabled citizens don't fear living in poverty. Our country is stronger when everyone can be financially independent and living with dignity, thanks to a program they paid into..Medicare Part D discounts in the "doughnut hole." Once both drug plan enrollees and their plan have spent the initial coverage amount, they reach the Part D coverage gap or "doughnut hole." Prior to the Affordable Care Act, seniors paid 100% of drug costs in the doughnut hole, unless they were covered by a plan that provided some gap coverage. Under provisions of the Affordable Care Act, once seniors hit the coverage gap, they get a 50% discount on covered brand name drugs and pay 86% of the plan's costs for covered generic drugs until they spend a total of ,700 for the year. Some plans offer additional coverage for generics during the gap..That's a common misconception. According to estimates from the Social Security Administration's Chief Actuary, three-quarters of "other-than-legal" immigrants have payroll taxes withheld. … Continued

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Annual limits on out-of-pocket costs: Unlike Medigap supplements, MA plans have annual out-of-pocket limits, which can vary and rise annually. In 2016 the maximum annual out-of-pocket that plans can charge is ,700, so your costs would need to be that much before catastrophic coverage begins. On the other hand, the limit protects you in years when you have very high out-of-pocket costs. Medigap plans may have lifetime limits that you could potentially exceed as you get older and sicker..Members of the Maryland Congressional delegation recently sent a letter to the Postmaster General complaining of the poor service. They stated in part:.As we all know, senior citizens are the most likely to be hospitalized or die from the Covid-19 virus -- by a wide margin. … Continued

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