The Obama Administration and proponents of Obamacare have continued to downplay the cancellations of the health insurance of 4.7 million individual policy-holders who received notices that our polices would be ending in 2014 because they didn't comply with the new healthcare law. I was able to temporarily renew my so-called "junk policy." I wanted to keep it because my deductible is 50% lower than the lowest deductible found on any comparable policy in my area on the exchange, and my current plan has a much less restrictive provider network. Most importantly my premium is about 60% lower than I would pay on the exchange, that's after the subsidy..Patients would have to sign a consent form acknowledging they've been given written notice with the information and informed that the charges may not accrue toward any plan limitations..Accelerate retirement account distributions when you have excess deductions. If your standard deduction will exceed your taxable income this year, consider withdrawing a little more retirement funds if you will need them this year. Doing so when you have a low or even a zero tax rate will potentially help you avoid paying more in the future when your deductions are lower or taxes rates are higher..Only about 5% of the death certificates listed only Covid-19, and that was more frequently the case when the person died at home..It would be unlikely for the vast majority of low-income beneficiaries. That's because state and federal poverty guidelines used to determine low-income are also adjusted annually for inflation, and the income thresholds would rise roughly in tandem with Social Security benefits. Currently the federal poverty level is ,880 for individuals, and ,020 for a family of two, with slightly higher amounts for Alaska and Hawaii..It's hard to know because no official government estimates seem to exist. Just how do illegal workers wind up on Social Security rolls? In order to get jobs they often provide employers with invalid, fake, or even stolen Social Security numbers. Employers withhold payroll taxes as required by law and wage reports are sent in to the Social Security Administration. If the name and Social Security number reported by employers doesn't match those in the SSA's records, the "mismatched reports are placed in an "Earnings Suspense File..In January, one-third of all Medicare beneficiaries could see a Part B premium increase of 22 percent the highest increase in 27 years. Do you believe Congress should take action like it did last year to prevent the dramatic increase?.New eligibility rules make it considerably easier for millions of applicants, including seniors under the age of 65, who are too young for Medicare, to qualify for the program. But older seniors continue to have much more restrictive and stringent asset and savings tests to satisfy before they qualify for Medicaid, because the new rules don't apply to seniors age 65 and older. This sets up inequities in benefits between seniors like Notch Babies who are in their late 80s and 90s and who are more likely to be receiving long-term care, and other people younger than 65 who will benefit from the less stringent Medicaid qualification rules..With the insolvency of the Social Security Disability program imminent, TSCL believes that lawmakers will be forced to take action, and soon, to enable the program to continue to pay benefits on time. "Don't let anyone lull you into thinking your benefits are safe," warns TSCL's Executive Director, Shannon Benton. "Congress has no plan in place to ensure that they are." To learn more about how you can join TSCL's efforts to protect your COLA and Social Security benefits, visit online at. or call toll free.
