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
News
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
House Subcommittee Holds Hearing On Impact of “Back-Door” Amnesty
Totalization Agreement With Mexico Remains Pending The Obama Administration is coming under growing criticism for what is being called an “administrative amnesty.” Critics, including TSCL, say that the Department of Homeland Security is using a policy of non-enforcement to achieve … Continued
Medicaid Funding Cuts May Affect Notch Babies
Low-income seniors, including about one-quarter of all Notch Babies, may be feeling the effects of the expiration of federal stimulus funding for Medicaid that ended recently. The recession drove up Medicaid enrollment sharply, but the federal government stepped in with … Continued
Doc’s Examining Room No Place For The Federal Government By Representative Larry Bucshon (IN-8)
Prior to being elected to Congress in 2010, I spent the past 15 years as a practicing cardiothoracic surgeon. As a physician, I always put patients first. Now, as a Congressman, I maintain that same philosophy. Some of the most … Continued
Six Ways to Avoid Being Overcharged For Your Prescriptions
Here’s a checklist to start the New Year by avoiding overcharges and saving money the first time you fill prescriptions in 2012: Is the pharmacy listed as a preferred network pharmacy for 2012? Before you visit your pharmacy to … Continued
Seniors! How Did Two Years Without A Cost-of-Living Adjustment Affect You?
After two years without any cost-of-living adjustment (COLA), Social Security recipients will receive a sorely-needed 3.6% boost in 2012. Seniors are reporting that during the past two years of living without a COLA, they were forced to make some difficult … Continued