Social Security Benefits Slowed Amid COVID-19 Deaths Rick Delaney, Chairman of the Board, TSCL The rate of growth in the number of older Americans who receive Social Security has slowed sharply recently, and the dr ...
Your Social Security Benefits Buying Less
By Mary Johnson, editor Rapidly climbing prices for consumer goods and services are making financial choices for older adults especially challenging this year. But eventually, these higher prices might mean a higher ...
Medicare Advantage Plans Overbill Medicare
A Humana Medicare Advantage plan in Florida improperly collected nearly $200 million in payments in 2015 by overstating how sick some of its enrollees were. A new audit by the Department of Health and Human Services Off ...
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Buying Power of Social Security Benefits Wiped Out by Soaring Inflation
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 ...
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 ...