The Medicare Part B premium (covering doctors and outpatient services) is rising for most seniors in 2012. The Centers for Medicare and Medicaid Services recently announced the base monthly premium will be $99.90. Th ...
Category: Issues
Super Committee Plan To Reduce Deficit Due By Thanksgiving
TSCL Heads to Hill Fighting Social Security Cuts With 692,164 Signatures As the 12-member Congressional “Super Committee” readies a plan for release by Thanksgiving to cut the federal deficit by at least $1.2 trillio ...
COLA 3.6% Next Year
TSCL Fights Plan To Cut COLAs For the first time in two years, seniors will get a cost-of-living adjustment (COLA) starting in January. But whether they see a boost in their bank statements is another matter. The So ...
FAQ: How Are Medicare Benefits Impacted By The New Debt Deal?
The debt deal that Congress struck with President Obama is prompting questions about how the legislation affects Medicare benefits. Although beneficiaries escaped the cutting knife temporarily, a new bipartisan joint com ...
Best Ways to Save: Two Million Seniors Missing Out On Help With Drug Costs
About two million low-income seniors are eligible for extra benefits to cover drug costs but are not taking advantage of them, says the Centers for Medicare and Medicaid Services. Medicare beneficiaries who qualify for ...
Are You Paying Too Much For Your Medicare Health & Drug Plan?
New EARLY Deadline For Switching Medicare Plans — December 7th! Medicare premiums and out-of-pocket costs are one of the biggest expenses you have in retirement. Seniors routinely spend one-third or even more of thei ...
Social Security & Medicare Questions: October 2011
Q: I applied for Social Security benefits in March 2007 when I was 62 years old. After a month I found a job. On September of 2007, I called Social Security to stop payment of my benefits because I was earning over the ...
Ask The Advisor: October 2011
Will We Get A COLA in 2012? Q: Can I expect a cost of living increase this next year? Something needs to happen! A: Something does need to happen. Seniors haven’t received any cost of living adjustment (COLA) ov ...
Benefit Bulletin: October 2011
Notch Babies were the group of seniors on the receiving end of major changes to the Social Security benefit formula that Congress enacted in 1977. Retirees born from 1917 through 1926 received lower Social Security benef ...
“Chaining” COLAs Still Under Consideration
“Chaining” COLAs Still Under Consideration By Mary Johnson The past two years without a cost-of-living adjustment (COLA) felt like the government clamped a lid on benefits. Now a Congressional debt reduction commit ...
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