State Indicator Medicare Shared Savings Program Aco Assigned BeneficiariesTSCL Announces Support for New Bill.More than 45 million Social Security beneficiaries were receiving benefits by 2000. The beneficiaries who are still alive are the group that has absorbed the fullest extent of the COLA cuts to date, which compound like interest, growing deeper over time. Chaining the COLA would cut benefits for this group an additional 10% through 2025, the analysis found..Low inflation is often blamed on the economic recession and slow recovery, but there are other factors. Unbeknownst to most of the public, the federal government has quietly made numerous changes to the methodology used for the nation's inflation measurement - the consumer price index. Politicians claim the changes make the CPI more accurate, but virtually all of the changes since the 1980's have lowered the measured rate of inflation and reduced the growth of Social Security benefits. … Continued
Hospital OverviewIn addition, new retirees in 2017 or later would no longer have their benefits reduced by the WEP. Instead, all earnings would be considered when determining Social Security benefits. Ways and Means Committee Chairman Kevin Brady the sponsor of H.R. 711 explained on Tuesday, "No more unfair formula … Instead, we use the same benefit formula for everyone, looking at all earnings. And if some of those earnings aren't from Social Security covered employment, we adjust benefits to reflect the proportion that are.".The Social Security's Trustees annual report, which was prepared before the onset of COVID-19 and subsequent shut down of the economy, forecasts that the Social Security trust funds will be depleted by 203But a number of Social Security experts are beginning to warn that the program could run low much sooner, by as early as the end of this decade..During the wide-ranging question and answer session TSCL asked the Senator if legislation to lower prescription drug prices and end surprise medical billing would be passed this year. The Senator's answer was disappointing but also not surprising. … Continued