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My brother, age 65, is cognitively impaired. He can't read or understand finances, but he's married, able to work and earns a modest living. He owns a small home that was purchased for him through a family trust. Recently he signed a loan for a 2013 Nissan with almost 60,000 miles - that cost ,000 including financing. He signed the contract even though he can't read or understand the amount he owes or how long it would take to repay..The U.S. Treasury has borrowed .8 trillion from Social Security, but in recent years Congress has battled over the borrowing required to repay the Trust Fund. Some are calling instead for COLA and other "entitlement" cuts..sources of income to add to your Social Security. Here's how:.If you have questions or experience billing issues, contact an advocate such as your doctor, and your area agency on aging. Multiple home health agencies operate in many areas of the country, and you may be able to find services through a different agency. For information on where to find help in your area, check the Eldercare Locator..In January, one-third of all Medicare beneficiaries will 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?.Under growing pressure to reduce the federal debt, Congress is considering a new Medicare proposal that would shift the risk of rising costs that outpace spending targets set by the government to seniors and the disabled. The proposal comes from a key recommendation of President Obama's Fiscal Commission..TSCL Announces Support for New Bill.Rep. Tim Ryan has also supported Pascrell's plan to fire the board, citing constituents' calls about late bills, checks and holiday cards..facility, or nursing home, long-term care is very expensive. Nursing home care

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When the Centers for Medicare and Medicaid Services establish the Part B premium for 2022, they could potentially factor in the expected costs for Aduhelm. Part B premiums were already on track to be higher. The Medicare Trustees recently estimated that Part B premiums would increase to 8.50 in 2022..Members of Congress Support Key Bills.Now.Backdoor Medicare Cut Could Raise Your Out-of-Pocket Costs A new Medicare cost-saving rule that was launched late in 2020 will cut payments to hospitals for some surgical procedures and could potentially raise costs for Medicare recipients. According to an article by Susan Jaffe, of Kaiser Health News, the Centers for Medicare and Medicaid Services has for years classified 1,740 surgeries and other.Q June 2021 I'm turning 65 later this year. I currently receive my healthcare insurance through my wife's employer. How does Medicare work with this insurance? May I delay enrolling in Medicare? … Continued

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This study has found that Social Security benefits tend to lose buying power over time, because prices of the goods and services most frequently purchased by older Americans tend to increase more quickly than the COLA. In this year's study, price data indicate that Social Security benefits lost 30 percent of buying power since 2000. The 2020 findings represent an improvement in benefit buying power of 3 percentage points from January 2000 through January 2020. Several items came down in price, particularly electricity, as well as a few food items including fresh fruits and vegetables..To learn more about avoiding problems with your drug plan, and how to prevent unnecessary drug costs in 2012, read some of the related Frequently Asked Questions..Refinancing a mortgage in retirement is a "special needs" situation. TSCL highly recommends that this should be discussed with an unbiased financial advisor. … Continued