Can You Tell Me What to Expect in The Part D Doughnut Hole? Q: I read that the Medicare Part D doughnut hole is closing. What does that mean? I recently started on Lantus insulin, which my drug plan covers, but with t ...
Daily Archives: April 4, 2019
Ask the Advisor: April 2019
What is Medicare-For-All? Q: My husband and I keep hearing about “Medicare-for-all.” Can you give us some information about what is being discussed, particularly how it would be financed? A: The new Congress is begi ...
Best Ways To Save: April 2019
3 Experts Share Their Best Tips For Saving Money Recently we asked 3 specialists to share their ideas for saving money and living in retirement. Here’s what each told us: Kevin L. Lawrence, MD pulmonologist of Sent ...
Congressional Corner: Two Social Security Provisions Unfairly Penalize Millions of Teachers, Firefighters and Public Sector Workers
Rep. Rodney Davis (IL-13) Every day, thousands of our neighbors and friends protect our cities, educate our students, and provide crucial services to our communities. While these public servants have made careers ...
Legislative Update: April 2019
Stories About High Drug Costs Lead To Congressional Investigation of Pharmaceutical Pricing By Jessie Gibbons, Legislative Director This year, The Senior Citizens League has heard from supporters like never before abou ...
Benefit Bulletin: April 2019
By Shannon Benton, Executive Director How We Can Help The Oldest Retirees? As more people live to very old ages, they face financial risks for which many people may be unprepared. Poverty rates incre ...
Great Minds Think Alike and Boggle at Prescription Drug Prices
By Mary Johnson, editor Recently we asked for your stories and comments on how rising prescription drug costs impact you. The following story illustrates new administrative efforts by Medicare to “educate” beneficiaries ...
COLA for 2020 May Be Zero. No, This is Not Normal!
At 2.8%, the annual cost-of-living adjustment (COLA) that Social Security beneficiaries received in 2019 was the highest in seven years. The average monthly retiree benefit of $1,425 increased by almost $40, but since O ...
Are These Annual Rx Prices Higher Than Your Entire Retirement Savings?
The total cost for a single year of treatment with the nation’s most expensive specialty drugs can cost more than the entire retirement savings for many retirees. The annual cost of the cancer drug Idhifa, for example, ...