The amount you receive depends on your income and assets. If your income is on the higher end you still might qualify for partial Extra Help. Keep in mind that to receive the assistance you must first enroll in a drug plan AND the drugs you take must be listed on the plan's formulary..insurers have hiked premiums so high that policyholders have been forced to drop.And, in case you had any doubts about why you need that Medicare Advantage plan in the first place, here are the general types of costs if you have Medicare Advantage plan coverage compared with having traditional Medicare with a Medigap supplement..Social Security Fairness Act Re-Introduced.While benefits scheduled in the law for OASI [Old Age and Survivors Insurance] and DI [Disability Insurance] are obligations, such obligations can only be met to the extent that asset reserves are available in the OASI and DI Trust Funds. The law does not provide authority for the trust funds to borrow in order to pay benefits beyond the limited authority for "advance tax transfers.".Thus, under this hypothetical legislation, benefit obligations could not be met after the depletion of the asset reserves and elimination of payroll taxes. If this hypothetical legislation were enacted, with no alternative source of revenue to replace the elimination of payroll taxes on earned income paid on January 1, 2021 and thereafter, we estimate that DI Trust Fund asset reserves would become permanently depleted in about the middle of calendar year 2021, with no ability to pay DI benefits thereafter. We estimate that OASI Trust Fund reserves would become permanently depleted by the middle of calendar year 2023, with no ability to pay OASI benefits thereafter..TSCL believes that Congress should strengthen Social Security's protections by enacting legislation to prohibit the use of unauthorized earnings from being counted toward eligibility for Social Security benefits.."The Outlook for Major Federal Trust Funds: 2020 to 2030," Congressional Budget Office, September 2020..According to The Social Security Trustees, the Disability Insurance Trust Fund is expected to become fully insolvent by the end of next year. Without Congressional action, Social Security trustees estimate there won't be enough tax revenues to pay full scheduled disability program benefits at the end of 201More than 10 million disabled beneficiaries and their dependents face cuts of about 19% in their monthly payments if nothing is done.

Prevent Too Young To Have A Stroke Think Again

We will all know if they were able to reach and agreement and get their job done by the end of this coming Friday. However, President Trump's position on this is not clear. While Treasury Secretary Mnuchin has been in on the discussions of the legislation the President has not said where he stands..New Legislation Aimed At Fixing Social Security and Medicare.Congressional Research Service May 24, 1999 … Continued

Podcast Hits The Century Mark Oas Episode 100

This week, one new cosponsor Rep. Dennis Ross signed on to Rep. Ron Paul's Social Security Preservation Act. The cosponsor total is now up to eleven..The CBO estimated that, the American Health Care Act, introduced in March, would cut federal spending on Medicaid by nearly 0 billion over the 2017 2026 period. The CBO estimated that, by 2026, Medicaid spending would be about 25 percent less than projected under current law, yet Medicaid spending growth would exceed the rate of growth of the inflation adjustment. "With costs growing faster than reimbursements, states would have to come up with the money in some other way or be forced to cut services, restrict eligibility for enrollment or otherwise ration care," says Johnson.".Key Social Security Bills Gain Support … Continued

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