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Update for Week Ending October 29, 2022

Season Off to a Roaring Start US influenza hospitalizations are the highest they have been in the last 12 years at this point in the season, according…

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Ask the Advisor: November 2022

Will I Have A Tax Bill Next April? Q:  My wife and I did not pay any tax for 2021.  Our only income was $30,900…

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Best Ways to Save: November 2022

5 Common Complaints About Medicare Advantage Plans And What Can Be Done About Them Medicare Advantage plans are a popular choice for 48% of all…

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Legislative Update: November 2022

Changes That Older Americans Support To Strengthen Social Security Benefits By Daisy Brown, Legislative Liaison No matter what their party leaning, older voters share some…

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Benefit Bulletin: November 2022

Will The Social Security Benefits of One in Five Older Adults Become Taxable For First Time In 2022? By Edward Cates, Chairman of the Board,…

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21% Of Medicare Beneficiaries Have Applied For Extra Help With Medicare Prescription Drug Plan Costs— Here’s How That Could Change.

Mary Johnson, Editor About one in five Medicare beneficiaries (21%) who participated in TSCL’s Senior Priority Plan Survey conducted from May – July, report that…

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How Will Prescription Drug Provisions of the Inflation Reduction Act Affect Your Drug Costs in 2023?

Medicare will start negotiating drug prices starting in 2023, as implementation of drug provisions in the newly enacted Inflation Reduction Act (IRA) gets underway, but…

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Social Security COLA In 2023 Will Be 8.7%

Social Security beneficiaries will receive an 8.7% cost-of-living adjustment (COLA) in January — one of the highest in the history of the program.  The COLA,…

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Limited Expansion of Medicare Coverage of Dental Care Could be Coming

TSCL has been pushing Congress to include Medicare coverage of dental care because so many seniors do not have dental insurance and good dental care…

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Record Spending by Big Drug Companies to Fight Drug Price Reduction

The pharmaceutical industry has spent more than $100 million on lobbying so far in 2022. According to OpenSecrets, the pharmaceutical industry has spent $101 million lobbying on behalf…

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