An abrupt jump in inflation in February and March of this year wiped out a short-lived improvement in the buying power of Social Security benefits in 2020, according to TSCL’s latest study on rising senior costs. The st ...
Category: Issues
Ask the Advisor: June 2021
What Is Congress Doing to Prevent My Benefits From Being Reduced? Q: I read your story about a potential Social Security benefit cut affecting people who were born in 1960. Has Congress taken any action yet to corre ...
Legislative Update: June 2021
Congress May Consider Ending Two Provisions That Reduce Social Security Benefits of Public Employees Shannon Benton, Executive Director Two provisions of law, known as the Windfall Elimination Provision (WEP) and G ...
Benefit Bulletin: June 2021
As COVID-19 Cases and Deaths In Long-Term Care Facilities Drop, Families Look Forward To Changing Visitation Requirements By Rick Delaney, Chairman of the Board, TSCL For more than a year, assisted living facilitie ...
“Flo” Was Wrong. I DO Want Big Government In My Medicine Cabinet
By Mary Johnson, editor Remember “Flo”? In 1999 she was the blond, perky, mature lady who came onto our TV screens telling us that she was here “to tell seniors about changes that affect our medicines.” She would en ...
Backdoor Medicare Cut Could Raise Your Out-of-Pocket Costs
A new Medicare cost-saving rule that was launched late in 2020 will cut payments to hospitals for some surgical procedures and could potentially raise costs for Medicare recipients. According to an article by Susan Jaff ...
How Much Income Do Retirees Actually Have? Is It Enough?
How has the COVID-19 pandemic exacerbated concerns among older Americans about maintaining a secure retirement? Social Security alone was never originally intended to be the only source of income in retirement. It is f ...
Q & A: June 2021
Q: I’m turning 65 later this year. I currently receive my healthcare insurance through my wife’s employer. How does Medicare work with this insurance? May I delay enrolling in Medicare? A: This is a great questio ...
Q & A: April/May 2021
Does Medicare Cover Eyeglasses? Q: Does Medicare provide coverage for eye care services or eyeglasses? A: Medicare pays for a wide range of services including many preventive benefits, but routine eye care is no ...
Benefit Bulletin: April/May 2021
What To Do When The Doctor Recommends A Budget Busting Drug Rick Delaney, Chairman of the Board Recently we received the following: My doctor wants to put me on a new medication for my rheumatoid arthritis, but my ...