Can You Tell Me What to Expect in The Part D Doughnut Hole? Q: I read that the Medicare Part D doughnut hole is closing. What does that mean? I recently started on Lantus insulin, which my drug plan covers, but with t ...
Category: Issues
COLA for 2020 May Be Zero. No, This is Not Normal!
At 2.8%, the annual cost-of-living adjustment (COLA) that Social Security beneficiaries received in 2019 was the highest in seven years. The average monthly retiree benefit of $1,425 increased by almost $40, but since O ...
Are These Annual Rx Prices Higher Than Your Entire Retirement Savings?
The total cost for a single year of treatment with the nation’s most expensive specialty drugs can cost more than the entire retirement savings for many retirees. The annual cost of the cancer drug Idhifa, for example, ...
H.R. 1553, Fair COLA for Seniors Act
If adopted, H.R. 1553 would base annual Social Security cost-of-living adjustments (COLAs) on the Consumer Price Index for Elderly Consumers (CPI-E). Representative John Garamendi (CA-3) introduced H.R. 1553 on March ...
S. 521, Social Security Fairness Act
If adopted, S. 521 would repeal the Government Pension Offset and the Windfall Elimination Provision – two Social Security provisions that unfairly impact teachers, police officers, and other state and local government e ...
H.R. 1170, Social Security Expansion Act
If adopted, H.R. 1170 would strengthen and expand the Social Security program by providing beneficiaries with a $70 monthly benefit boost, basing cost-of-living adjustments on the CPI-E, and setting the Special Minimum B ...
S. 478, Social Security Expansion Act
If adopted, S. 478 would strengthen and expand the Social Security program by providing beneficiaries with a $70 monthly benefit boost, basing cost-of-living adjustments on the CPI-E, and setting the Special Minimum Bene ...
What Striking Down Obamacare Could Mean For Medicare
The recent decision by a federal judge in Texas to declare Obamacare unconstitutional is likely to become the center of a lengthy legal battle that could reach the Supreme Court. If the decision to strike down Obamacare ...
Higher Taxation of Social Security Among Options to Reduce the Deficit
The Congressional Budget Office (CBO) recently reviewed a proposal that would boost the taxable amount of Social Security benefits, as one of the options for Congress to consider to reduce the federal deficit. The propo ...
67% of Older Americans Support Eliminating Social Security’s Waiting Periods
More than 10,000 people died waiting for a disability decision from the Social Security Administration in 2017. The rising death toll coincides with the growing backlog of people awaiting a decision about their eligibil ...
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