"This is an important perspective to have in our current legislative environment," says Johnson. Some Members of Congress are discussing indexing the COLA to the more slowly growing "chained" consumer price index. "The current index used to calculate the COLA already understates inflation experienced by retired beneficiaries, because it doesn't adequately represent the spending of older consumers," Johnson explains. "A more slowly growing index would only exacerbate the problem of maintaining the buying power of Social Security benefits over time," she says..Lawmakers Adjourn for Remainder of Year.Now Medicare has launched a formal process to determine whether Aduhelm will be covered, after a widespread uproar spurred a Congressional investigation. The final decision isn't expected until next spring, although an initial ruling could come around January. Medicare's coverage process came on the same day that two House committees asked drug maker Biogen to turn over documents on how the drug was developed and priced, and on its dealings with government officials at the US Food and Drug Administration..To learn more details about enrollment periods, visit /publications to view the fact sheet "Understanding Medicare Enrollment Periods." You can also call and say "Agent.".The 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..According to the Congressional Budget Office, a growing share of the government's spending for Social Security is going to pay for disability benefits.[iii] Between 1990 and 2012, the ratio of disabled recipients to retirees changed dramatically, increasing 112.5%, from 3.2 to 6.7 beneficiaries per 100 covered workers.[iv] In testimony to the House Subcommittee on Social Security, the Congressional Budget Office said that legislation enacted in 1984 expanded the ways in which people could qualify for the DI program, which included allowing symptoms of mental illness and pain to be considered even in the absence of clear - cut medical diagnosis. In addition, disabled beneficiaries also receive coverage under Medicare, regardless of age, after a 24 - month waiting period..This week, TSCL's Board of Trustees traveled to Washington, D.C. for their second meeting of 201TSCL's Board of Trustees includes the following members: Larry Hyland, Chairman; Tom O'Connell, Vice-Chairman; Charlie Flowers, Secretary; Edward Cates, Treasurer ; Michael Gales, PAC Treasurer; and Richard Delaney, President of TREThe Enlisted Association..You receive a call that instructs you to press a number on your telephone keypad to learn how you can receive a Medicare-covered back brace. A live agent comes on the line and asks for your personal information, including your name and Medicare number to determine if you are eligible. Fraudulent suppliers and providers steal your information and use your Medicare number to submit phony claims to Medicare, even if you never order a thing..Legislation is currently under consideration in the House, The Social Security 2100 Act, that would adjust the income thresholds that subject Social Security benefits to taxation, from ,000 to ,000 for single filers and from ,000 to 0,000 for joint filers. According to a survey by The Senior Citizens League, 55 percent of survey participants support lifting the threshold for taxation of Social Security benefits to those levels, and only 12 percent oppose. The bill would pay for this as well as providing a boost in Social Security benefits and a more generous cost-of-living adjustment, by increasing the amount of wages subject to payroll taxes and by very gradually increasing the tax rate that workers and employers pay.
