By Representative John Garamendi (CA-3) This Congress, I introduced the Fair COLA for Seniors Act (H.R. 1553), to ensure that your Social Security payment keeps pace with your cost of living. This bill would change t ...
Daily Archives: October 21, 2020
Q & A: October 2020
Is Medicare Doing Anything to Help Nursing Home Patients? Q: My 94-year-old mom has been living with me for the past five years. Since the coronavirus pandemic started, her dementia has worsened rapidly. Recently sh ...
Ask the Advisor: October 2020
Is Low Cost Dental Insurance A Good Reason to Switch Health Plans? Q: I don’t have dental insurance and pay out of pocket. I know I will need to get some expensive work done at some point in the next year or two. I ...
Best Ways to Save: October 2020
Shopping for a new Medicare Plan? Watch out For This Overlooked Practice. By Mary Johnson, editor If your year has been like mine, you’ve had a number of Medicare aggravations during which you promised yourself to ...
Legislative Update: October 2020
The Medicare Hospital Trust Fund is Running Out of Money By Shannon Benton, Executive Director TSCL has been concerned that the coronavirus pandemic could accelerate the impending insolvency of the Medicare Trust F ...
Benefit Bulletin: October 2020
If Your Income Has Dropped in 2020, Consider a Benefits Check Up By Rick Delaney, Chairman of the Board Forty-eight percent of participants in TSCL’s recent Senior Cost Survey say they have gone without essentials ...
What’s Missing From Your Social Security Check? For Many — $247
By Mary Johnson, editor The announcement of the annual Social Security cost-of-living adjustment (COLA) for the following year is like watching Charlie Brown trying to kick a football. Charlie Brown, our beloved cart ...
New Legislation Limits Stiff Increase Expected for 2021 Medicare Part B Premium
With Medicare outlays spiraling due to outlays for COVID-19, Congress recently passed legislation to head off an expected Part B premium spike, by restricting the increase for 2021. TSCL has been warning about the poten ...
Social Security Announces 1.3% COLA For 2021, One of Lowest Ever Paid
Social Security recipients will receive an annual inflation boost of just 1.3% in 2021. The increase is so small, it’s one of the lowest on record. The 2021 cost of living adjustment (COLA) will increase the average re ...