Get pneumococcal vaccines.Under current law the Social Security COLA is calculated based on the spending patterns of younger working adults using the Consumer Price Index for Urban Wage Earners and Clerical Workers. But older consumers spend a bigger portion of their household budgets on healthcare and housing, two categories that have been increasing more rapidly in recent years. "Medicare Part B premiums are the fastest growing cost most retirees will ever have," notes Johnson. "But those costs are not even surveyed under the CPI-W or reflected in today's COLA," she says..If you are leaning towards refinancing your home, look carefully into the closing fees. Will you be paying any closing costs out-of-pocket or will those costs get rolled into the loan? How would that affect monthly payments?Based on your credit profile, what interest rate do you actually qualify for, and how does that compare with what you are currently paying?.A new Medicare Advantage plan is available in my area and the premiums are extremely low. It would save me a lot of money this year, so I'm thinking about dropping my Medigap and Part D plan to enroll in the new Medicare Advantage Plan during the fall Open Enrollment period. Can you explain the pros and cons of doing this?.TSCL will keep a close eye on the fiscal 2016 budget resolution as it moves through the Senate in the coming days, and we will continue to voice our concerns about cuts to the Medicare program that would result in higher costs for beneficiaries. For updates on its movement, visit our new Facebook page..TSCL understands that the budget deficit is growing out of hand. According to the non-partisan Congressional Budget Office, the massive tax reform and budget bills recently adopted by Congress will cost the federal government an estimated .7 trillion over the next ten years. However, TSCL firmly believes that a constitutional balanced budget amendment, that would disproportionately impact seniors and limit the ability of Congress to respond to economic downturns, is not the solution to the problem..Hang up the phone or shut the door if you encounter any of the following:.The big news at the end of last week was President Trumps four executive orders that are supposed to lower prescription drug prices. Lowering those prices was something he campaigned on in 2016 and has talked about since, but this is the first time he has taken action..benefit does not cover some extras like drugs, supplies and extra

Health Costs Issue Brief Assessing The Effects Of The Economy On The Recent Slowdown In Health Spending 2

One option recently recommended by the Medicare Payment Advisory Commission would repeal the SGR and encourage physicians to join two-sided risk accountable care organizations. Doctors participating in ACOs voluntarily group with hospitals and other providers to lower costs and better coordinate care. Pilot ACOs that are currently operating only see rewards for delivering high-quality, low-cost care. Those in two-sided risk ACOs, however, would also be penalized for providing low-quality, high-cost care. According to MedPAC, substantial savings would result, but many are still skeptical about the potential of ACOs..Good news is hard to come by these days. While a pandemic has hit our nation at least once before, none of us alive have ever experienced anything like this. In addition to the concern over catching the virus, the economy continues to take a huge hit, and no one knows how long this will last or how bad it's going to get..High Dose Flu Vaccine … Continued

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Agreeing on methods of payment has proven to be the most difficult task. One conferee, Sen. Jon Kyl stated this week: "The way our Democratic colleagues have been approaching offsets, there's just not much of anything that they seem willing to agree to, so I'm pretty pessimistic that we can get that done.".pharmacy with a prescription for blood pressure medication. Visits to the.Conservatives and budget hawks have long sought to roll back large government programs like Medicare and Medicaid to rein in the debt. … Continued

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