Extremely low cost-of-living adjustments (COLAs) not only affect Social Security benefits, the 0.3% COLA also affects the amount of Medicare Part B premium people will pay in 2017. When no, or a very low, COLA occurs, a ...
Category: Medicare Part B Articles
Where the Candidates Stand on Medicare
Where the Candidates Stand on Medicare As election day approaches, The Senior Citizens League brings you this guide to the candidates’ positions on Medicare. Here’s where our information comes from: Hillary Clint ...
Low COLA To Trigger Medicare Part B Premium Spike
(Washington, DC) – New consumer price index data through August confirm that Medicare Part B premiums will spike next year due to an extremely low cost – of – living adjustment (COLA), according to a new estimate by The ...
Medicare Premiums May Soar By 22% For Some Next Year
Medicare Part B premiums are forecast to soar an astonishing 22.3% for an estimated 16 million Medicare beneficiaries in 2017 — the biggest such jump in nearly three decades. The anticipated spike in monthly premiums, f ...
The Big Issue: High Prescription Drug Costs
Eighty-five percent of older voters think Medicare should be allowed to negotiate drug prices, like it does for all other medical services, according to TSCL’s 2016 Senior Survey. Prescription drugs are one of the faste ...
Why Expand Social Security Now? Medicare Costs Taking Bigger Share Of Social Security Benefits
(Washington, DC) –Medicare costs are taking an increasing share of the Social Security benefits of retirees far more quickly than experts predict, according to a new survey from The Senior Citizens League (TSCL). Forty- ...
Healthcare Costs Taking Bigger Share of Social Security Benefits
By Mary Johnson, editor The number of retirees reporting that Medicare costs are consuming more than one-third of their Social Security benefits appears to be growing more rapidly than experts ever expected. This has b ...
Medicare Proposes Tying Drug Costs to Effectiveness
The Centers for Medicare and Medicaid Services (CMS) recently announced plans to test new ways to rein in costs of some of the nation’s most expensive drugs, like cancer and rheumatoid arthritis treatments, that are admi ...
How An Obamacare Repeal Could Affect Medicare
Presidential and Congressional candidates are relatively quiet about their future plans for Medicare, but the 2010 Affordable Care Act (Obamacare) remains a target for repeal. No matter what candidates aren’t saying abou ...
Benefit Bulletin: January 2016
Still Working Because You Can’t Afford Your Healthcare Costs? Look Into Medicare Savings Programs More people are working far longer into retirement than they ever thought they would, and healthcare costs are a ma ...