Look Out For Heart Attacks Around The HolidaysEmergency legislation passed earlier this year required health insurers, including those participating in Medicare, to cover both the coronavirus test, and associated care for COVID-19 without cost sharing. But it's becoming clear that patients may still be vulnerable to "surprise" medical bills for costs they thought would be covered. We hope that your dad is not another such case..The compromise extends the tax holiday, unemployment benefits, and Medicare physician payments through the remainder of 2012..In a Wednesday speech on the House floor, Speaker John Boehner stated, "What we are dealing with is a President who has ignored the people, ignored the Constitution, and even his own past statements. In fact, on at least twenty-two occasions, he has said he does not have the authority to do what he did." In response to the bill's passage, White House officials issued a veto threat and said "there's no reason to tinker with the administration's actions at all." … Continued
State Category Demographics And The EconomyWhen it comes to strengthening Social Security's finances, Members of Congress only have two choices - to cut spending on benefits, or increase program revenues. Typically in the past, the focus has been on proposals that would cut benefits rather than raising revenues. Proponents of cuts argue that benefits must be cut because Social Security is insolvent as currently structured. They point to the fact that there are fewer workers to provide payroll tax revenues for swelling number of retirees..A person receiving the national average Social Security benefit in 2000 - 6 per month - would have ,226.60 per month by 201However, because retiree costs are rising at a substantially faster pace than the COLA, that individual would require a Social Security benefit of 7.90 more per month, or ,634.50 in 2019, just to maintain his or her 2000 level of buying power..You can also sign up to receive our monthly newsletter that includes tons of helpful information regarding current legislation and policy affecting you. The newsletter also features a "Congressional Corner," where various Representatives and Senators express their thoughts on issues important to seniors. … Continued