Labor And Employment The Promise Of Telework637471656COLAs act much like interest rates on savings. Low COLAs mean Social Security benefits grow more slowly in retirement. This occurs even though many costs experienced by retirees, such out - of - pocket spending on prescription drugs - may grow several times as fast. "People who have been retired for 10 years or longer have absorbed the full financial blow of low COLAs," Johnson says. Johnson's analysis found that, over a ten - year period, average Social Security benefits of ,075 per month in 2009 lost a total of ,258 in financial growth from 2010 to 2019 when compared to the previous decade when COLAs averaged 3 percent. By the end of that 10 year period, average benefits were 3 per month lower than they would have been had inflation averaged the more typical 3 percent..Let's say that you work for an employer with more than 20 employees. Then you and your wife may delay enrollment in Medicare, if you continue to work, and as long as you're still covered by the group health plan. If your employment or coverage ends, however, then you and your wife have 8 months to enroll in Medicare. COBRA and retiree health plans don't count as coverage based on current employment..Medicare fraud, waste, and abuse costs about billion a year. What type of measures do you support to put a stop to this loss of Medicare finances? … Continued
Health Preventing And Mitigating The FluIs Dental Insurance Worth The Money?.By Mike Watson, TSCL Legislative Assistant.Under the proposal by Congressman Paul Ryan, now Chairman of the House Budget Committee, and Alice Rivlin, a monetary and fiscal policy expert, Medicare would be changed from a system that pays per procedure, to one that would provide a fixed amount of money or voucher, to private health plans to provide coverage. … Continued