There are significant cuts in Medicare spending that will take place unless Congress takes action before the end of this year. Below is an explanation of why these cuts could come. We realize it is a bit complicated, but ...
Author Archives: shannon
Drug Companies to Fight to Block Laws Lowering Drug Prices
While we do not have specifics yet, the big drug companies are already planning to do all they can to stop the new laws that will lower drug prices from taking effect. According to a report in STATNews, “Even before t ...
President Signs Law to Lower Prescription Drug Prices into Law
Last week President Biden signed the Inflation Reduction Act into law. That is the legislation that contains the provisions that will allow Medicare to negotiate drug prices with the big drug companies and eventually low ...
Congress in Recess – but Much Work Remains When They Return
Congress is now in recess until after Labor Day. If they are running for re-election, all members of the House of Representatives and one-third of the members of the Senate are now back in their states campaigning. Wh ...
Week Ending August 20, 2022
Congress in Recess – but Much Work Remains When They Return Congress is now in recess until after Labor Day. If they are running for re-election, all members of the House of Representatives and one-third of the member ...
Here are the Details of the New Law That Will Lower Drug Prices
As published on the website Modernhealthcare.com, an analysis by Kaiser Health News says this about the new legislation: The new legislation “… will have a major impact on Medicare, including by allowing the program t ...
Second Republican Senator Proposes Taking Away the Guarantee of Social Security, Medicare
As most voters are aware, there will be elections this fall. All seats in the House of Representatives are up for election as are one-third of the seats in the Senate. As things appear now, the Republicans are expecte ...
House Passes Historic Legislation to Lower Drug Prices
Last Friday the House of Representatives completed the last Congressional action needed to pass the historic legislation that will, finally, lower some prescription drug prices. The bill has been sent to the President ...
Week Ending August 13, 2022
House Passes Historic Legislation to Lower Drug Prices Last Friday the House of Representatives completed the last Congressional action needed to pass the historic legislation that will, finally, lower some prescripti ...
TSCL in the News
TSCL has become the “go to” place for many reporters who write about senior issues, including estimates of the annual Social Security COLA for seniors each year. Today, the Washington Post, in an article about how sen ...