Mercy Hospital Patient And Visitor Information Visiting UsThe 2020 Medicare Trustees report recently estimated that the Hospital Insurance Trust fund will become depleted in six more years - 202"But the high level of hospitalizations due to the coronavirus for seriously ill Medicare patients may shorten the life expectancy of the Medicare Trust Fund," Johnson says..This week, The Senior Citizens League's Board of Trustees traveled to Capitol Hill to host a Welcome Reception and to meet with several lawmakers and their top aides. In addition, Members of the Senate overwhelmingly voted to confirm Marilyn Tavenner as the Administrator of the Centers for Medicare and Medicaid Services, and three key bills gained critical support..If you start Social Security benefits too soon, prior to your full retirement age, your benefits may be withheld by as much as ,373.30 due to the earnings test. That's because no matter when you receive your wages in 2017, Social Security will assume that the full ,000 of your 2017 earnings occurred prior to November. Your earnings in excess of the ,880 would be ,000, less ,880 or ,120. Social Security will withhold in benefits for every in excess earnings. The ,120 is divided by 3 and ,373.30 will be withheld from your benefits starting the beginning of the following year. … Continued
FoundationAlexandria, VA - August 20, 2012 -- A new immigration policy recently launched by the Obama Administration could backfire when senior voters head for the polls this fall. Seventy-seven percent of Senior Americans do not agree with the new "deferred action" immigration policy, according to a new poll conducted by The Senior Citizens League,one of the nation's largest nonpartisan seniors groups. "The new policy would provide as many as 1.2 million illegal immigrants with a path to Social Security benefits and add huge new future liabilities to the program," says TSCL Chairman Larry Hyland..While seniors with Medicare aren't required to have an Obamacare health plan, they have worries too. Obamacare cut Medicare by more than 0 billion over ten years, and that's starting to impact seniors age 65 and older. In particular, the law cut reimbursements to Medicare Advantage plans by 6 billion..In addition, one new cosponsor Rep. Steve Cohen signed on to the bipartisan CPI for Seniors Act. The cosponsor total is now at three in the House. If adopted, it would mandate the monthly formulation and publication of a consumer price index specifically for seniors. Currently, Social Security cost-of-living adjustments are based on the inflation experienced by young, urban workers, but H.R. 2016 would establish a more accurate index for beneficiaries. … Continued