Social Security Fairness Act Signed into Law At the end of December, the U.S. Senate finally passed the bipartisan Social Security Fairness Act, which had passed the House earlier in the month. In early January, Pres ...
Author Archives: shannon
Initial Prediction for 2026 COLA: 2.5%
For Immediate Release: December 11, 2024 Initial Prediction for 2026 COLA: 2.5% The Senior Citizen’s League (TSCL) predicts that the 2026 COLA will come in at 2.5%, based on the latest Bureau of Labor Statistics d ...
November 2024
As the end of 2024 approaches, Congress struggles with what final legislation to pass. Any bills that have been introduced but do not pass by the time it adjourns will be dead. That means they would have to be re-introdu ...
The cost-of-living Adjustment for 2025 Shortchanges Seniors by 0.5%
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The Social Security and Medicare Advisor Nov-Dec 2024
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Legislative Update for October 2024
The Senior Citizens League (TSCL) Monthly Washington Update for the end of October 2024 ----- The end of the 2024 election period is upon us, and most people are probably happy about it. As of this writing, we don’t kn ...
Results of the Election Could Have Major Impact on Seniors
No matter which party wins control of Congress, the high cost of drugs remains a hot issue that still needs to be dealt with. In our last update, we gave the list of the ten drugs that the Biden administration negotiated ...
Physicians, on the Other Hand, to Receive Lower Payments
In a separate announcement last week, CMS said that overall Medicare payments to physicians and clinicians will be reduced by an average of 2.93% next year. The increase in payments to surgical centers mentioned above is ...
Medical Facilities to Receive Higher Medicare Payments Next Year …
Last week, the Centers for Medicare and Medicaid Services (CMS) announced, among other things, that general acute care hospitals and ambulatory surgical centers will receive an increase in payments made to them by Medica ...
Cost-of-Living Adjustment for 2025 Announced at 2.5%
For Immediate Release: October 10, 2024 Cost-of-Living Adjustment for 2025 Announced at 2.5% The Social Security Administration announced that 2025’s COLA will be 2.5 percent on October 10. On average, ret ...