The Senate has passed two measures that, while rather technical in nature, deal the prices of prescription drugs. One of the bills (S.415) would help lower drug costs by boosting competition and closing loopholes that ...
Author Archives: shannon
House Passes Bill to Stop Cuts in Medicare Payments – but Senate Passage in Doubt
Passage of legislation in Congress is more complicated than most people realize. The Constitution allows each chamber of Congress to set its own rules for getting it done. Because the House of Representatives has 435 ...
Update for March 20, 2021
House Passes Bill to Stop Cuts in Medicare Payments – but Senate Passage in Doubt Passage of legislation in Congress is more complicated than most people realize. The Constitution allows each chamber of Congress to s ...
Other Legislation Also Targets Scams and Fraud Against Seniors
Seniors are often targeted for their money or identity, commonly with fraudsters asking seniors to send a payment through gift cards, by wire transfer, credit card, or other predatory schemes. Retailers, financial servic ...
New Legislation to Stop Looming Cuts to Medicare Urgently Needed
Now that Congress has passed President Biden’s Covid-19 relief bill it must turn its attention immediately to passing legislation to delay billions of dollars in cuts to Medicare. The pending cuts are due to a rule, t ...
New Legislation Would Combat Scams Against Seniors’ Investments
While many seniors rely on Social Security for nearly all their retirement income, for others it is part but not all their retirement. Those seniors have investments they rely on to generate the income they need in thei ...
Using Generic Drugs Could Save Billions of Dollars
A new study by the Journal of the American Medical Association says that the Medicare Part D program could have saved roughly $1.7 billion in 2017 if doctors and patients had actively opted for generic drugs instead of b ...
Update for March 13, 2021
Using Generic Drugs Could Save Billions of Dollars A new study by the Journal of the American Medical Association says that the Medicare Part D program could have saved roughly $1.7 billion in 2017 if doctors and pati ...
Retiree Tax Uncertainty Triples
(Washington, DC) – The percentage of retired households that expect to pay tax on their Social Security benefits has experienced a rare decline this tax season, but that appears to be due to a much higher level of uncert ...
Ivermectin is NOT a Covid-19 Treatment
In recent weeks, some cable television programs have been promoting a drug called ivermectin as a “cure” for the coronavirus. However, ivermectin is an anti-parasitic drug used on livestock, and while it is authorized f ...