Despite the optimistic attitudes of the five expert witnesses, those on the Subcommittee seemed hesitant about revamping the payment system this year. One Subcommittee Member, Rep. Michael Burgess stated: "This term, I've seen more work done on this problem than I have any other time that I have been in Congress, but we're still pretty far away from the goal that we all expect to achieve." He went on to say, "We're not likely to end up doing something that will provide that … long-term replacement for the SGR by December 31.".Surprise! Effort to End Surprise Billing Still Alive.New Poll By The Senior Citizens League: Majority Feel "No Budget, No Pay" Gets Congress Back On Track."The Senior Citizens League believes that as retirees and disabled people live longer, thousands of older Americans like Susan and her husband are working hard to make ends meet while at the same time providing care and support to aging family members and disabled adult children, says TSCL Chairman Ed Cates. The Senior Citizens League recently endorsed The Credit For Caring Act, legislation that would provide a tax credit for caregiving expenses..Now Medicare has launched a formal process to determine whether Aduhelm will be covered, after a widespread uproar spurred a Congressional investigation. The final decision isn't expected until next spring, although an initial ruling could come around January. Medicare's coverage process came on the same day that two House committees asked drug maker Biogen to turn over documents on how the drug was developed and priced, and on its dealings with government officials at the US Food and Drug Administration..The last time the Medicare Part A Trust Fund was forecast to become insolvent was in 200At the time, the Part A Trust Fund was forecast to become insolvent by 201Lucky for us that never happened - in 2017 at least. Congress enacted the 2010 Affordable Care Act which changed Medicare taxes in two ways. It added a 0.9% surtax to the amount of Medicare payroll taxes paid by high earning individuals with wages over 0,000. This was on top of the 1.45% that workers currently pay on their wages. A second provision affecting the more affluent, imposed a 3.8% tax on a portion of net investment income. Estates and trusts can also be subject to this tax..Around 20% of Medicare beneficiaries are also enrolled in Medicaid and receive help from the program to cover long-term nursing home stays. The BCRA would cut Medicaid by more than 0 billion and cap federal spending on the program. How will you ensure access to nursing home care if the BCRA is adopted, and can you guarantee that older Americans will not be forced out of skilled nursing facilities due to funding cuts?.Senator Bernie Sanders introduced S. 99 on January 10, 201It has since been referred to the Committee on Finance..TSCL is highly concerned that paying benefits based on illegal work rewards people for breaking the law while weakening program financing for people who paid into the system the legal way. Concerned about this issue? Sign a petition!

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Reducing wait times. Inadequate funding and a growing hearing backlog have resulted in many DI applicants waiting longer than 600 days to be approved for the program. That's longer than some of them will live. All applicants deserve decisions on their benefit eligibility in a timely manner, and wait times of two years are simply unacceptable..White House Press Secretary Josh Earnest has said President Obama is involved in the discussions and that he is monitoring the movement of the omnibus very closely. Regarding the controversial add-ons, he told reporters, "Our objection comes to ideological riders that are partisan and that in most other cases would not be able to pass the United States Congress.".Usually during economic downturns many older workers are forced into retirement when they lose jobs. While the pandemic may have caused more to retire earlier than planned, deaths removed hundreds of thousands of beneficiaries from Social Security rolls. In fact, life expectancy plunged by a full year in the first half of 2020, from 78.8 years to 77.8 years, the biggest drop since World War II. … Continued

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About.com has plenty of money saving tips on pet supplies and vet care..Even if you stay in the hospital overnight, Medicare still considers observation services as outpatient care and requires you to pay a bigger share of the costs. Your inpatient status is also important to determining whether Medicare will cover care you receive if you are later released to a skilled nursing the facility..If you start Social Security benefits too soon, prior to your full retirement age, your benefits may be withheld by as much as ,373.30 due to the earnings test. That's because no matter when you receive your wages in 2017, Social Security will assume that the full ,000 of your 2017 earnings occurred prior to November. Your earnings in excess of the ,880 would be ,000, less ,880 or ,120. Social Security will withhold in benefits for every in excess earnings. The ,120 is divided by 3 and ,373.30 will be withheld from your benefits starting the beginning of the following year. … Continued

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