What to Do When Your Doctor Prescribes an Expensive Medication that Your Insurance Doesn’t Cover Q: My doctor prescribed a new drug but, when I tried to fill it the first time, I learned that my drug plan does not co ...
Daily Archives: October 30, 2019
Ask the Advisor: November 2019
How Would “Capping” Medicaid Payments Affect Seniors? Q: At a recent townhall I heard my Senator say that he supported reforming Medicaid’s payment structure to provide a capped amount per person enrolled. Can you t ...
Best Ways To Save: November 2019
Shopping For a Better Drug Plan NOW Can Put More Money in Your 2020 Budget By Mary Johnson, editor One-out-of-five people who participated in TSCL Senior Survey spend more than $250.00 per month out-of-pocket on pr ...
Congressional Corner: Two Bills That Would Bring Down High Prescription Drug Costs
By Representative Elijah E. Cummings, (MD-7) The rise of prescription drug prices is a serious concern that warrants immediate attention. Drug companies have long charged record prices that deny millions of Americans ...
Legislative Update: November 2019
Drug Legislation Running Out of Time as Part D Costs Set to Soar By Shannon Benton, Executive Director Medicare Part D’s True Out-of-Pocket-Cost (TrOOP) spending requirements which are unusually high as it is, are ...
Benefit Bulletin: November 2019
Rick Delaney, Chairman of the Board Social Security Legislation Would Provide 75 Years of Solvency For Social Security If lawmakers wait too long, solutions for fixing Social Security’s financing could in ...
Did Inflation Really Drop?
By Mary Johnson, editor Inflation, as measured by the U.S. Bureau of Labor Statistics’ consumer price index, has taken a deep tumble over the past year, meaning older Americans will have to settle for a cost-of-living ...
Medicare Part B Premiums To Rise More Than 4 Times Faster Than Your COLA
While retirees won’t be getting as much of an increase in their Social Security checks in 2020, the Part B premium, is expected to go up considerably more than it did this year. In 2019, most beneficiaries paid $1.50 pe ...
Social Security Benefits Increase by Just 1.6% in 2020
Just as we forecast, the Social Security cost-of-living adjustment (COLA) for 2020 will be considerably lower than the 2.8 percent COLA received this year. The Social Security Administration recently announced that the ...
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