May 15, 2012 (Washington, DC) – Seniors have lost more than one-third of their buying power since 2000, according to the Annual Survey of Senior Costs, released today by The Senior Citizens League (TSCL). TSCL is one of the nation’s … Continued
News
Best Ways To Save: Watch Those Hospital “Observation Stays”
Big bills for uncovered charges are surprising some seniors after some hospital stays that aren’t considered inpatient services by Medicare. The problem occurs when the hospital classifies your stay as “observation” which is billed as outpatient care under Part B, … Continued
Where’s My Social Security Payment? What Happens When The Social Security Trust Fund Runs Out?
Alexandria, VA (April 2, 2012) The Social Security trust fund that pays the benefits of almost 8.6 million disabled people is less than four years from complete insolvency, warns the Senior Citizens League (TSCL), one of the nation’s largest nonpartisan … Continued
Another Three Years Of Extremely Low COLAs? SS Checks of Millions May Shrink
Alexandria, VA (March 28, 2012) Benefits may fall for about 5.7 million Social Security beneficiaries next year, according to a new analysis released by The Senior Citizens League (TSCL), one of the nation’s largest nonpartisan seniors groups. The reduction would … Continued
Your Health: New Clues as to Why Some Older People May Be Losing Their Memory
New research links “silent strokes,” or small spots of dead brain cells, found in about one out of four older adults, to memory loss in the elderly. The study is published in the January 3, 2012, print issue of Neurology®, … Continued
Seven Tips For Avoiding New Bank Fees
Almost all Social Security recipients receive their monthly benefit payments by direct deposit to a bank account. Many retirees also have savings, CDs, IRAs and other types of accounts. But bank customers are getting hit with a barrage of new … Continued
Over 65? Prevent Big Medicare Penalty Costs – Sign Up Now During Annual General Enrollment Period
Alexandria, VA (February 6, 2012) Are you age 65 or older? Have you signed up for Medicare Part B yet? Skipping Medicare enrollment, because it seems less expensive to go with employer coverage by taking either retiree medical benefits or … Continued
Did Your Social Security Benefit Grow This Year After Paying Medicare Costs?
Alexandria, VA (January 30, 2012) Seniors got a modest 3.6% boost in their Social Security benefit this year. But whether it’s making a difference in the bank balances of the more than 39.5 million seniors aged 65 and older who … Continued
How The Unresolved Deficit Affects Seniors: Take TSCL’s Annual Senior Survey!
The next twelve months is one of the most critical periods for the nation’s seniors and disabled who receive Social Security and Medicare. The failure of a special Joint Committee of Congress known as the “super committee,” means automatic budget … Continued
27% of Seniors Spend Up to Half of Their Social Security On Healthcare: TSCL Releases 2011 Healthcare Cost Survey
The lack of growth in Social Security benefits and rapid rise in healthcare costs is causing a financial dilemma for Medicare beneficiaries that may be jeopardizing the health of many who are foregoing needed medical care. A new healthcare cost … Continued