There are significant cuts in Medicare spending that will take place unless Congress takes action before the end of this year. Below is an explanation of why these cuts could come. We realize it is a bit complicated, but ...
Daily Archives: August 22, 2022
Drug Companies to Fight to Block Laws Lowering Drug Prices
While we do not have specifics yet, the big drug companies are already planning to do all they can to stop the new laws that will lower drug prices from taking effect. According to a report in STATNews, “Even before t ...
President Signs Law to Lower Prescription Drug Prices into Law
Last week President Biden signed the Inflation Reduction Act into law. That is the legislation that contains the provisions that will allow Medicare to negotiate drug prices with the big drug companies and eventually low ...
Congress in Recess – but Much Work Remains When They Return
Congress is now in recess until after Labor Day. If they are running for re-election, all members of the House of Representatives and one-third of the members of the Senate are now back in their states campaigning. Wh ...
Week Ending August 20, 2022
Congress in Recess – but Much Work Remains When They Return Congress is now in recess until after Labor Day. If they are running for re-election, all members of the House of Representatives and one-third of the member ...
Number of Older Adults Receiving Low Income Assistance May Have Doubled Since the Start of the Pandemic
Roughly 37% of older adults who participated in TSCL’s latest survey, the “Seniors Priority Plan,” had some startling information for us as well as for Members of Congress. This group indicated that they receive low-inco ...
Ask the Advisor: August 2022
How Did Mortality From COVID-19 Pandemic Affect Social Security Finances? Q: I recently read that the Social Security Trust Fund picked up an extra year of solvency. Was that due to the high mortality rate in senior ...
Legislative Update: August 2022
TSCL Endorses Legislation That Would Boost Benefits $2,400 per Year By Doug Osborne, TSCL Legislative Liaison Social Security recipients have been hit hard by inflation this year. Inflation is eating into the buyi ...
Benefit Bulletin: August 2022
Medicare Won’t Issue Refunds For Part B Premiums This Year Rick Delaney, TSCL Chairman of the Board Here’s a recent email that we received from a TSCL supporter in the state of Washington: I must have missed TSC ...
“Data Mining” Scheme To Overcharge Medicare Leads to Crackdown
Data analytics firms and “data mining” are the center of a broad government crackdown on abusive Medicare Advantage overcharges according to the U.S. Department of Justice. In California, for example, a health system sc ...