Ideally the Obama Administration should have the capacity to update consumers' subsidy information. But by late summer, they had not yet gotten that part of the system built. Even if you were to receive the same amount of premium subsidy that you received this year, that's likely to cause you problems. Here's why:.On Tuesday, just hours before a 21 percent pay cut for physicians was set to take effect, the Senate approved legislation to repeal and replace the SGR the flawed formula that determines reimbursement rates for doctors who treat Medicare patients. The bill, which was passed by the House two weeks ago, was adopted on Tuesday with a vote of 92-Shortly thereafter, President Obama released a statement saying that he "will be proud to sign it into law.".For updates on the drug importation issue, follow TSCL on Twitter or visit the Legislative News section of our website..The compromise extends the tax holiday, unemployment benefits, and Medicare physician payments through the remainder of 2012..TSCL enthusiastically supports H.R. 1776, and we were pleased to see support grow for it this week. For more information, visit the Bill Tracking section of our website..Sen. Bernie Sanders introduced S. 2023 on September 10, 201It has since been referred to the Committee on Finance..Meal and nutrition programs.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..The age at which individuals become eligible for full, un-reduced Social Security benefits is rising. Your full retirement age is based on the year when you were born and, for people born in 1960 and later, the full retirement age is 6The earliest age at which you can claim a retirement benefit is 6However, claiming benefits prior to your full retirement age comes with expensive trade-offs. It's unlikely to be your best choice if your aim is to maximize your retirement income over the long haul.

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John, age 66, is already enrolled in Medicare in 200He pays .40 per month. Because there is no COLA, and the basic Medicare Part B increases, his Part B premium will remain .40 because he's protected by the hold harmless provision. His premium will be adjusted to prevent a reduction in his Social Security in 20His wife Jane is 6She's not eligible to enroll in Medicare Part B until 20Her monthly premium would be an estimated 4 instead of .40. She won't have "hold harmless" protection until 2011..Coronavirus may derail Senate plans for other legislation."The current relationship between many doctors and drug companies is a conflict of interest," McCaskill says. "It's leaving the best interest of patients behind, and we have to do something to fix it." … Continued

Care What You Should Know About Your Aging Parents

On Monday, the Trustees of the Social Security and Medicare programs released their annual reports on the current and projected financial status of the two programs. As expected, the Trustees found that both programs currently face significant but manageable financial challenges..As to the details of how healthcare reform will affect you and your husband, stay tuned. Government officials and community organizations are gearing up for consumer information and assistance efforts that will surround this fall's open enrollment period starting in October. A major poll conducted earlier this year indicates that much of the public remains confused about the status of the health law. Check coming issues of The Social Security and Medicare Advisor for how the new healthcare law will affect seniors younger than Medicare age..You need skilled nursing services, and/or skilled therapy care on an intermittent basis. … Continued

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