Medicare Report Retiree Health Trends And Implications Of PossibleSpring Recess Continues.Also last week, House Democrats unveiled a range of health care measures to be included in their coming .5 trillion package, including provisions to lower prescription drug prices and expand Medicaid in the 12 GOP-led states that have refused to do so. The measure unveiled by the House Energy and Commerce Committee includes legislation to allow the Secretary of Health and Human Services to negotiate lower drug prices, known as H.R. 3..TSCL will continue to keep a close eye on the evolving immigration negotiations, and we remain hopeful that in the very near future, lawmakers will consider loophole-closing legislation that would prevent Social Security credits from being earned by work done illegally. For updates on the discussions, visit the Legislative News section of our website. … Continued
Racial Equity And Health Policy Event Todays Topics In Health Disparities What MightSurprise! The new healthcare law requires just that. A provision, added by Senator Charles Grassley, requires Members of Congress and their staff to get their health insurance through new health insurance exchanges starting in 201The provision is stirring up lawmaker worry on Capitol Hill over whether the federal government will continue to pay part of their premiums, or leave them to cover 100% of the cost. Through the end of 2013, Members of Congress get their insurance through the Federal Employees Health Benefits Program. Under FEHBP the government's share of premiums is about 75% of premium costs..For those planning retirement however, it is the estimated dollar amount in Social Security benefits, not the replacement rate, that what one uses to determine a retirement budget, or how much more one will need to save for retirement. When one retires, it is the actual benefit amount, not the replacement rate that one must live on. One of the most frequent requests for services received by Social Security Administration is for an estimate of benefits. While no promises of benefits are made, millions of estimates are made annually. If the rules are changed abruptly, as they were for those born during the Notch period, this leaves no time to save for the shortfalls in benefits.."Medicare is also in the cross - hairs for massive changes," Johnson says. The budget resolution stipulates major changes that would focus Medicare on a system of private insurers, and provide beneficiaries with premium subsidies to shop for their own health insurance. A Congressional Budget Office report has found that similar proposals in the past would shift a growing portion of costs to older Americans. In that 2013 report, the CBO estimated that Medicare beneficiaries' premiums would be about 30 percent higher by 2020 than under current law. … Continued