Medicaid Fee IndexAddressing the Part A shortfall will be particularly difficult and contentious for everyone. To bring greater solvency to the HI trust fund, lawmakers will be faced with the politically unpalatable choices of reducing Medicare spending, which could include requiring that Medicare recipients pay more for their coverage and increasing the tax revenues received by Medicare. Congress last addressed Medicare Part A finances in the 2010 Affordable Care Act which, among other things, required hospitals to become more efficient in their delivery of care, while requiring that higher income workers pay a higher Medicare payroll tax rate..A survey by The Senior Citizens League indicates that Social Security benefits have lost more than one-third of their purchasing power over the past decade. Do you support calculating the COLA using an index that more accurately measures seniors' cost of living?.Washington, DC) An eye - popping new list compiled by The Senior Citizens League indicates that, by late 2020, price increases for many of the expenditures of older Americans far outstripped the modest 1.3 percent cost of living adjustment boost that Social Security recipients start receiving this month. "This list is a snapshot of how COVID-19 affected prices of certain items through the end of November 2020," says Mary Johnson, a Social Security policy analyst for The Senior Citizens League. "There are surprising price aberrations that we haven't seen before," Johnson says. "Never in my wildest dreams would I have thought that toilet paper and disinfecting wipes could wind up on our annual list of fastest growing retiree costs," Johnson says. … Continued
Legislative Staff Coordinating Committee Directory Of Webinars For Legislative StaffBy Senator Elizabeth Warren.TSCL's review of the Totalization Agreement and related documents raises a number of significant questions. For example, no new estimates of the cost of the agreement to the Social Security Trust Fund were released to TSCL..Since its inception, Medicare has undergone a number of changes. Since 1972 the program has covered disabled persons under 6In the last 25 years, beneficiaries were given the option to obtain services through private managed care arrangements. And most recently, the passage of the Affordable Care Act strengthened Medicare by closing the prescription "donut hole" and expanding preventative services with no deductible or co-pay. … Continued