It’s Hurricane Season. Do You Need Hurricane Insurance? Technically, there’s no such thing as “hurricane insurance,” but if you live in a hurricane prone area, it’s a good idea to get a better understanding of your h ...
Author Archives: georgette
Congressional Corner: It’s Time to Tackle the High Cost of Prescription Drugs
By Senator Amy Klobuchar (MN), I’ve heard similar stories again and again—people getting sick and having to choose between paying the mortgage, turning on the heat in the winter, or refilling a critical prescription. ...
Legislative Update: July/August 2019
Questions To Ask Your Member Of Congress At Your Next Town Hall By Jessie Gibbons, Legislative Director The U.S. House and Senate adjourn at the end of July for a six-week summer recess, and many lawmakers will hol ...
Benefit Bulletin: July/August 2019
Rick Delaney, Chairman of the Board Proposal Would Make it Harder To Qualify For Medicare Savings Programs The Trump Administration has proposed a change that would make it harder for older adults with low incomes ...
How the Government Measures Inflation Can Mean Bad News For Your COLA
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 ...
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 ...