Presidential and Congressional candidates are relatively quiet about their future plans for Medicare, but the 2010 Affordable Care Act (Obamacare) remains a target for repeal. No matter what candidates aren’t saying abou ...
Daily Archives: May 11, 2016
Another Record Low Social Security Cost-of-Living Adjustment Is Forecast
By Mary Johnson, editor What would you do with a 0.9% cost-of-living adjustment (COLA)? That’s right, a COLA of less than 1%. If you receive an average Social Security benefit of $1,240 per month, your benefit would g ...
Savings Hurt By Low Interest Rates? So Is Social Security’s, CBO Says
Today’s almost non-existent interest rates on U.S. Treasury bonds are hastening the insolvency of the Social Security Trust Fund, says a new report from the Congressional Budget Office (CBO). The CBO said that the shortf ...
Benefit Bulletin: May 2016
7 Questions That Must Be Addressed About Social Security Are benefit cuts inevitable when Social Security’s financing runs low in a few years? Your participation in this November’s presidential election will play a cr ...
Legislative Update: May 2016
Congress Needs to Protect the Public from Drug Price Gouging By Jessie Gibbons, Senior Policy Analyst Spending on prescription drugs grew 13% nation-wide last year – a rate that’s so abnormally high, it hasn’t occu ...
Congressional Corner: It’s Bigger Than Martin Shkreli
By Representative Elijah E. Cummings (MD-07) For most Americans, the prices of essential prescription drugs are increasing far too rapidly for family budgets to sustain. Many Americans are being forced to choose betw ...
Best Ways to Save: May 2016
Living On Social Security: Is Renting Out A Spare Room In Your Home A Good Idea? Renting out unused rooms in your home or vacation property may seem like a good way to offset housing costs. The income boost can make a ...
Ask the Advisor: May 2016
Are These Home Nurse Visits Legit? Q: I’m helping my brother who has cognitive problems. He’s enrolled in a Humana Medicare Advantage plan that covers prescription drugs in addition to providing hospital and doctor be ...
Q & A: May 2016
What Do We Do Now? My Husband Lost His Job And Our Healthcare Coverage Q: My husband recently lost his job in a company re-organization. I was getting my healthcare benefits through his employer. He is 64 and I’m 67. ...
New Tax Credit Would Help Families “Age In Place,” Says The Senior Citizens League
(Washington, DC) – At age 62, Susan Gross of Barboursville, Virginia, is nearing retirement age, but has no plans to stop working yet. High prescription costs and the need to provide care for a disabled adult son and ...
Close