By Mary Johnson, editor It’s hard to plan your optimal retirement age without a realistic idea of what to expect in lifetime Social Security income. Yet, according TSCL’s 2017 Senior Survey, 71% of survey participant ...
Author Archives: georgette
Brand Name Drugs Increasing at 10X Rate of Inflation
The largest share of participants in TSCL’s 2018 Senior Survey, 43%, say that medical expenses were their fastest rising cost in 2017. Just medications alone take about 12.6% of the budgets of Americans age 65 and over, ...
Is Your Social Security Benefit Keeping Up With Rising Costs? Probably Not
About half of participants in TSCL’s 2018 Senior Survey confirm that, after the deduction for their rising Medicare Part B premiums in 2018, they were left with no boost to their net Social Security benefit, or one that ...
Q & A: May/June 2018
Q: My dad passed away at 67 and my mother claimed a widow’s benefit, at 65 based on his account. Now she’s over age 70, and she’s having trouble making ends meet. She worked for 30 years for a large company. Is ther ...
Ask the Advisor: May/June 2018
Help! I’ve Been Told I Have To Return My Deceased Husband’s Last Social Security Check. Is This Really True? Q: My husband passed away on March 31st. I was told that I have to return his entire Social Security pa ...
Best Ways To Save: May/June 2018
That Drug May Be Cheaper If You Pay Cash Instead of Using Your Drug Plan By Mary Johnson, editor Before filling your next prescription, here’s a tip. Call four pharmacies that you typically deal with and, without ...
Congressional Corner: Let’s Reduce Barriers To Long-Term Care
By Congressman Jim Renacci (OH-16) Over 2 million Ohioans are Medicare beneficiaries and rely not just on coverage for their health care services, but also access to the appropriate health care settings. With nearl ...
Legislative Update: May/June 2018
Surprise! Recent Budget Law Accelerates Closing Of Medicare Part D Doughnut Hole By Jessie Gibbons, Legislative Director In February, after lawmakers allowed two government shutdowns to briefly take effect, Member ...
Benefit Bulletin: May/June 2018
Medicare Therapy Caps: A Long Battle for Patient Access Madison West, Legislative Assistant Mary Katherine was 90 when a stroke left her paralyzed on one side of her body and unable to speak. It was 1996 and at th ...
No Limit To What Medicare Part D Enrollees Could Pay On Prescription Drugs
By Mary Johnson, editor Your Part D drug plan would never tell you this, but the alarming fact is that there is no limit to what you might spend out-of-pocket for your prescriptions drugs in any given year. While t ...