By Shannon Benton, Executive Director Retirees’ budgets take a beating when prescription drug prices rise faster than the annual cost – of – living adjustments (COLAs). But new legislation moving in the Senate would ...
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Benefit Bulletin: October 2019
Rick Delaney, Chairman of the Board, TSCL Could Social Security Solvency Issues Be Even Worse Than Estimated? Recently we received a comment from Steve F. of California, who noted that, by his understanding, if Con ...
How Rising Medicare Part B Premiums May Impact Your Social Security Benefits
Medicare Part B premiums are automatically deducted from Social Security benefits, and older households are frequently surprised at how much rising Medicare premiums can take out of those monthly payments. TSCL estimate ...
Medicare Advantage Insurers Overcharged Medicare By Nearly $30 Billion
Medicare Advantage plans have overcharged Medicare by almost $30 billion in recent years, but so far officials have only recovered a small fraction of that money. The federal government has announced it is stepping up e ...
Social Security Benefits Estimated to Increase by 1.6% in 2020
By Mary Johnson, editor The Social Security cost-of-living adjustment (COLA) for 2020 will be announced October 10th and, according to the latest consumer price index data, it’s likely to be considerably low ...
How Should Medicare Negotiate Drug Costs? Here’s What You Told Us:
The United States pays the highest drug prices of any developed nation in the world. We asked participants in our 2019 Senior Survey to evaluate three leading proposals that would allow Medicare to negotiate drug prices ...
Best Ways To Save: September 2019
Attention Diabetics! New Drug Plan Program Lowers Cost of Lantus to as little as $6.00 to $11.00 Increased Congressional scrutiny of drug pricing practices, particularly for the pricing of insulin, appears to be pr ...
Q & A: September 2019
Who Notifies Social Security When Someone Dies? Q: My grandfather passed away two months ago at 89, and my step-grandmother (who is 85) is having problems with dementia. Her son, (my step-uncle), who has power-of-a ...
Ask the Advisor: September 2019
How Would Importing Prescription Drugs From Other Countries Help People in Part D Plans? Q: In the debate over lowering prescription drug prices, I see frequent mention of allowing importation of drugs from other cou ...
Legislative Update: September 2019
What Could A COLA of No Less Than 3 Percent Mean For You? By Shannon Benton, Executive Director The Social Security cost-of-living adjustment (COLA) is provided to protect the buying power of Social Security bene ...
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