The disability program has been redeeming the assets, or IOUs, held in the DI trust fund for several years and is projected to become totally insolvent in 201Upon insolvency, legislation would be required if the DI trust fund were to borrow money in order to pay benefits, even if the money is borrowed from the OASI trust fund. The two funds have borrowed from each other in the past. During the 1980's, the OASI trust fund borrowed from the DI trust fund and the money was later repaid. However, in 2018 the OASI trust fund will be facing its own financial problems..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..This estimate is still just that - an estimate. The 2020 COLA is based on CPI data through September 2019 and won't be announced until October. Inflation could start going up again, but with the first five months of data so low, we are likely to see another low COLA in 2020..Consumers in the U.S. are used to have many choices when it comes to the products we buy. Usually that is a good thing. But sometimes it creates a dilemma in deciding which is the right one to get. It turns out that the problem of choice is creating concerns about which of the vaccines against the coronavirus we should take..The report looked at five prescription drugs and found that drug companies slightly alter the formulas in those drugs, allowing them to extend their patents on the new formulations, and delay the move to the generic drug marketplace..August Recess Continues for House Lawmakers.TSCL would like to thank the following for taking time out of their busy schedules to discuss issues of critical importance to seniors: Rep. Bill Posey, Rep. Joe Wilson, Rep. Mike Coffman, Sen. Marco Rubio, Cathy Hurwit ), Lauren Lattany to Rep. David Scott ), and J.R. Sanchez..It also depends on the willingness of the American people to get the vaccine shot. Right now, there seems to be a reluctance among people because of, among other things, the uncertainty about the safety of a vaccine that has been rushed to market. It is a special concern for seniors because they do not often respond as well to medicines, including vaccines, as younger people do..Congress May Consider Ending Two Provisions That Reduce Social Security Benefits of Public Employees

Statedata Collection Medicaid Pharmacy Policy Administration

I was diagnosed with metastatic breast cancer. My doctor first prescribed Femara. Within a few weeks, I knew I was not going to be able to continue with this medication because I was experiencing severe bone and joint pain. My doctor then chose Aromasin. This was obviously the drug for me..TSCL would like to remind you to contact your Members of Congress while they are in their home states and districts. Many Senators and Representatives will attend local events or schedule town hall meetings throughout the August recess. We encourage you to approach them and request their support for fair cost-of-living adjustments, Totalization agreement reform, and other key issues..According to the most recent Social Security Trustees report, Social Security already pays out more in benefits than it receives in payroll taxes. In 2019, Social Security paid ,047.9 billion in benefits versus receiving 4.5 billion in payroll tax revenues. Taxation of the benefits of retirees provides another .5 billion in revenues, and .8 billion is money from "interest" earned by the assets of the Social Security Trust funds, special non-marketable bonds. Social Security trustees forecast that the program will be depleted by 2035. … Continued

Elisabeth Rosenthal

If Congress could not reach an agreement to borrow money, Social Security and Medicare benefits would be cut when payroll tax revenues run out as they inevitably would..On Thursday, Senate lawmakers passed legislation to suspend the debt ceiling until next spring, fund the government through December 8th, and provide .25 billion in relief to victims of Hurricane Harvey. At the time of writing this week's legislative update, the House had not yet voted on the legislation, but it is expected to pass with bipartisan support by the end of Friday afternoon..More than 1,057 respondents participated in The Senior Citizens League's annual senior survey, which was conducted from January through March of this year. Participants confirmed that monthly household expenses made steep increases over the past year, far in excess of the dollar amount that their COLAs increased benefits. More than half, 56%, indicated their monthly expenses went up by more than Yet 50% of survey respondents said that their COLA increased benefits less than per month, after the increased Part B premium for 2018 was deducted from their Social Security benefits. … Continued

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