Mary Johnson, editor When it comes to the Social Security cost-of-living adjustments (COLAs) many, if not most, of you say that you feel the government is cooking the inflation data. The COLA seldom seems to reflect ...
Author Archives: georgette
Three Family Members On Medicare Each With High Drug Costs
Out-of-pocket spending on prescription drugs was the fastest rising expense of retirees from 2000 to 2019, according to a recent study of retiree costs by TSCL. While the annual cost-of-living adjustment (COLA) increase ...
Social Security Benefits Lose 33% of Buying Power
Between October of 2018, and January 2019, consumer prices fell according to data from the Bureau of Labor Statistics. On January 1, 2019, Social Security beneficiaries received a cost-of-living adjustment (COLA) of 2.8 ...
Legislative Update for Week Ending June 12, 2019
Legislative Update for Week Ending June 12, 2019 It was busy and humid on Capitol Hill this week with Congress quickly coming up on its August recess. The Senior Citizens League was pleased to see continued support o ...
Benefit Bulletin: June 2019
Almost 50% of You Paid Taxes on Your Social Security Benefits; At Least 60 Large Companies Paid No Taxes at All Rick Delaney, TSCL Chairman The new tax law appears to have had little to no effect on relieving t ...
Congressional Corner: We Need Competition In Prescription Drug Pricing and to Stop Abusive Conduct That Keep Drug Costs High
By Senate Finance Committee Chairman Chuck Grassley (IA) People with conditions such as cancer, cystic fibrosis and HIV have had their lives transformed, even saved, as a result of innovations by the U.S. pharmaceutic ...
Best Ways To Save: June 2019
Small Dietary Changes Help Diabetic Cut Down On Pricey Prescription Drug A healthy diet can help reduce the risk for many health conditions and may also reduce corresponding healthcare costs. But what’s a healthy foo ...
Ask the Advisor: June 2019
Where Can We Find Help For Questions About Health Emergencies and Financing Nursing Homes? Q: Dad passed away a few years ago at age 90, after going to the emergency room during a health emergency and then spend ...
Q & A: June 2019
How Can My Grandmother Know When She’s Getting Treated By Non-Network Doctors? Q: My grandmother received a ridiculously high and unexpected medical bill (more than $13,000) after an emergency room visit, even though ...
What Happens to Medicare Part B Premiums When There’s a Very Low COLA
Inflation data through April suggests that the annual cost-of-living adjustment (COLA) for 2020 could be very low, perhaps 1.2%. Even though Social Security recipients received the highest COLA since 2012 this year —2.8 ...
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