Legislation that would give Medicare authority to negotiate drug prices would save Medicare $345 billion over ten years, according to a preliminary analysis from the Congressional Budget Office (CBO). The CBO says the b ...
Category: Issues
Q & A: December 2019
Q: I take a brand name drug that costs more than $400 per month in 2019 and I have a co-pay of $47. In 2019, I hit the Part D coverage gap. Can you tell me how much I would have to pay in the Part D doughnut hole next ...
Benefit Bulletin: December 2019
President Trump Signs Executive Order to Expand Private Medicare Plans By Rick Delaney, Chairman of the Board President Trump recently signed an executive order intended to change Medicare by expanding the role of ...
Medicare Has a Tele-Scam Problem
Telephone scammers are bilking Medicare out of billions of dollars, and bombarding millions of older U.S. consumers with multiple daily automated phone calls for everything from “free” back braces to genetic tests. Whil ...
Legislation To Lower Drug Costs Moving In House And Senate
Pharmaceutical companies and their allies are pouring millions of dollars into advertising fighting legislation in Congress that would lower U.S. drug costs. The ads portray legislative efforts in Congress, as “foreign ...
The CPI-E Would Pay a 1.9% COLA Versus The 1.6% You Are Actually Getting
By Mary Johnson, editor How much would your Social Security cost-of-living adjustment (COLA) be worth if it was more accurately based on your spending patterns as a retiree? Social Security legislation under debate i ...
Ask the Advisor: November 2019
How Would “Capping” Medicaid Payments Affect Seniors? Q: At a recent townhall I heard my Senator say that he supported reforming Medicaid’s payment structure to provide a capped amount per person enrolled. Can you t ...
Benefit Bulletin: November 2019
Rick Delaney, Chairman of the Board Social Security Legislation Would Provide 75 Years of Solvency For Social Security If lawmakers wait too long, solutions for fixing Social Security’s financing could in ...
Medicare Part B Premiums To Rise More Than 4 Times Faster Than Your COLA
While retirees won’t be getting as much of an increase in their Social Security checks in 2020, the Part B premium, is expected to go up considerably more than it did this year. In 2019, most beneficiaries paid $1.50 pe ...
Social Security Benefits Increase by Just 1.6% in 2020
Just as we forecast, the Social Security cost-of-living adjustment (COLA) for 2020 will be considerably lower than the 2.8 percent COLA received this year. The Social Security Administration recently announced that the ...
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