Senate Republican Whip John Thune, who TSCL met with last week, noted the Senate plans to hold multiple hearings on what should be included in the next relief bill, but he said moving a bill "probably doesn't happen" until July..The compromise extends the tax holiday, unemployment benefits, and Medicare physician payments through the remainder of 2012..Get the spiel. Keep pen and paper close to your phone and the next time you get the call, write down the offer. Without giving away any of your own information stay on the line to talk to an agent. What is the item or service and what are the terms?.Though the special deficit committee on deficit reduction failed to reach an agreement last week, it appears that the Super Committee was successful in shaping the discussion for future Medicare savings. "Premium support" refers to a plan in which Medicare would subsidize premiums charged by private insurers that care for beneficiaries under government contract. Experts suggest this plan is gaining support. "This is an idea that could easily resurface in the future as Congress seeks additional Medicare savings for deficit reduction," said Patricia Neuman, senior vice president of the Kaiser Family Foundation..According to the most recent Social Security Trustees report, Social Security already pays out more in benefits than it receives in payroll taxes. In 2019, Social Security paid ,047.9 billion in benefits versus receiving 4.5 billion in payroll tax revenues. Taxation of the benefits of retirees provides another .5 billion in revenues, and .8 billion is money from "interest" earned by the assets of the Social Security Trust funds, special non-marketable bonds. Social Security trustees forecast that the program will be depleted by 2035.."Federal Cost of Living Adjustment Will Affect SNAP And Other Benefits Received Through DCFS, December 21, 2020..Social Security beneficiaries received a 2.8% cost-of-living adjustment this year, but millions of older Americans with low benefits have seen their increases completely offset by higher Medicare Part B premiums. Do you support the Fair COLA for Seniors Act, which would give beneficiaries a more adequate Social Security COLA?.Social Security For Dummies, Jonathan Peterson, October 2017..CMS plans to automatically enroll the seniors in participating states with an "opt-out" provision. But TSCL has concerns as to whether beneficiaries will be able to choose the best form of care and how they would be able to switch plans or return to traditional Medicare.

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TSCL would like to remind you that now is the perfect time to approach your Members of Congress at local events and request their support for a fair Social Security cost-of-living adjustment and for other key issues..Because of your concerns in this regard, you will be pleased to learn of H.R. 1030, the Consumer Price Index for Elderly Consumers Act of 201This legislation would direct the Department of Labor to prepare and publish a monthly CPI for Elderly Consumers that indicates changes over time in expenditures for consumption that is typical for individuals 62 years or older. The bill would then amend current law to provide for the use of such new CPI in the computation of COLA increases for Social Security and Medicare benefits..According to a new analysis from the Congressional Budget Office, in 2015, the weighted average net price for top-selling brand name specialty drugs in Medicare Part D was ,600 for a 30-day supply, almost twice as much as the weighted average net price of ,920 for the same drugs in Medicaid. The big difference is how drug prices are determined. … Continued

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Congress Adjourns for Spring Break.New Congress Sworn in but Little in the Way of Legislation Yet."Even under limited immigration reform that provides only work authorization and a valid Social Security number, immigrants would become entitled to Social Security benefits," Cates says. "Citizenship is not a requirement to receive benefits," he adds. But with Congress and President Obama debating cuts to Social Security, seniors are lining up against reform that would allow millions of new immigrants to benefit from work under fraudulent numbers. A recent TSCL survey found that 87 percent of seniors strongly favor prohibiting payment of Social Security benefits that are based on earnings from unauthorized work. TSCL supports immigration reform measures that would prohibit earnings from work prior to gaining legal authorization for use in determining Social Security benefits. … Continued

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