Community Surprises Health Cancer Patient With Bell Ringing Send OffThe program was designed to address the needs of low–income seniors, who receive both Medicare and Medicaid. The group includes the oldest, sickest and poorest of seniors, including many Notch Babies, who tend to have multiple health problems, including the need for long term care. Although they make up only 15 percent of all Medicaid beneficiaries, they account for almost 40 percent of Medicaid expenditures, according to the Kaiser Commission on Medicaid and the Uninsured..The purpose of this update each week is to give our supporters like you information about issues that are important to seniors, but that do not make the headlines. They are usually issues we are working on to ensure our elected officials keep faith with the commitments that were made to each of us during our lifetimes of work, especially concerning Social Security, Medicare, and Medicaid..This week was a busy one for Social Security and Medicare Advocates! There was considerable activity to combat the high cost of prescription drugs. The Ways and Means Committee had a hearing on the Social Security 2100 Act. And, work continues on repealing the Windfall Elimination Provision. … Continued
Blog Scotus Strikes Down Louisiana Abortion LawHouse speaker Paul Ryan's proposal to overhaul Medicare by providing beneficiaries a subsidy or voucher to shop for private insurance on a federal health exchange has been included in House budget blue prints numerous times, but voters are overwhelmingly opposed to the idea. The plan would give private insurance plans a greater role in Medicare, and beneficiaries would be given a subsidy to shop for insurance coverage. The Congressional Budget Office has estimated that the plan would shift a growing share of the costs to beneficiaries..The situation is caused by a drop in the average wage index which is used in the Social Security benefit formula. Normally, wages tend to go up year over year. But in 2020, the COVID-19 recession and sudden high unemployment may have caused the index to plummet. This type of benefit reduction is known as a "notch" and these people are the "1960 Notch Baby Boomers.".Subcommittee Chairman Sam Johnson explained the origin of the issue in his opening statement, saying: "Both the House and Senate wanted to modify the benefit formula for those workers who spent part of their careers not paying Social Security taxes. I guess it should come as no surprise that the House and Senate didn't agree on the numbers … As tends to happen here they ended up somewhere in the middle." … Continued