Social Security beneficiaries have lost nearly one-third of their buying power since 2000, according to the 2017 Social Security Loss of Buying Power Study released by The Senior Citizens League. The findings represent a big 7% loss in buying power just over the past 12 months, from 23% in 2016 to 30% in 201This occurred as inflation has begun to climb, but people receiving Social Security received an annual cost-of-living adjustment of just 0.3% for 201Housing and medical costs - particularly for prescription drug expenses - were among the most rapidly rising spending categories over the past year..Visit the customer service desk and request a refund of the overcharge. If you paid by credit card, make sure you have the card with you for a credit. This may resolve the problem. If it doesn't, contact your drug plan, tell them the problem, and request forms to file for claim reimbursement.."Medicaid plays an essential role for both low - income older Americans and middle -income seniors made poor by their health care costs," Johnson notes. Medicaid benefits can include paying premiums and out - of - pocket costs for Part B coverage. It is also the primary payer of costs not covered by Medicare, including nursing home care..Nevertheless, Senate Leader Harry Reid recently went as far as to imply that people like me are lying, saying that "There are plenty of horror stories being told. All of them are untrue, but they're being told all over America." But I'm not making this up. I take this information directly from the government's own website..For more information or to view a list of cosponsors, click here..Following the hearing, The Senior Citizens League submitted a proposal for strengthening and improving the DI program. We recommended the following seven policy changes based on the results of several surveys of TSCL's supporters:.Senate Aging Committee Discusses Alzheimer's Disease.New legislation passed in the House to repeal and replace Obamacare puts access to health care for the sickest, poorest, and even older Americans on Medicare at risk, warns The Senior Citizens League. Says TSCL's Medicare and Social Security policy analyst, Mary Johnson, "The GOP's American Health Care Act:.The stakes are high for retirees, who want Congressional action. Eighty eight percent of those of you who took our 2021 Senior Survey want Congress to reduce prescription drug costs by allowing Medicare to negotiate prices. Congressional inaction would cost all of us dearly, if lawmakers fail to take action to boost Social Security benefits and enact reforms that would strengthen Social Security's financing for decades to come.

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The Biden administration is treating the first weeks of the program as a dry run to test if the federal pharmacy program will work before scaling it up, according to one source familiar with planning discussions..According to the three Senators, under current law, the administration has the authority to allow pharmacists and wholesale retailers to import prescription drugs from Canada, where medicines are often half the price. The administration also has the power to issue an executive order that would allow individuals to import prescription drugs from Canada for their own personal use..According to the Social Security Administration, beneficiaries will receive a 1.7% COLA starting in January of next year. The low COLA comes close on the heels of two years when no COLA was paid, in 2010 and 201The COLA in 2012 was 3.6%. "The anemic growth in benefits will cause tens of millions of seniors to spend a bigger portion of their monthly Social Security payment on healthcare and other costs next year," says TSCL Chairman Larry Hyland. … Continued

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Also, TSCL plans to be on the Hill next week visiting with the staffs of Republican Senators to find out where they are with regard to health care legislation, and in particular the Grassley-Wyden bill..According to TSCL's 2017 Senior Survey, 8% of survey respondents said that their benefits have been withheld by Social Security due to excess earnings. Unless you have a terminal illness and are not expected to live very long, we strongly recommend that you consider delaying the start of your Social Security benefit until you are 66 or older when you will be eligible for the full, unreduced amount. To get the maximum, consider working until age 70 if you can. Your benefit will grow by 8% per year if you do..Get the provider's name and any identifying number. If the agent asks "Who am I speaking with?" answer with your own question. First ask the caller for the name of their company and the phone number, "in case you get cut off." You can give a first name but avoid giving out any actual personal information like your Social Security or Medicare number, full name, date of birth and address. … Continued

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