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 ...
Category: Issues
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 ...
“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 committee ...
Debt Limit Showdown: Government Nearly Defaults On Social Security Payments
Social Security and Medicare narrowly escaped the bullet, temporarily at least, during the recent battle over lifting the nation’s borrowing limit. Seniors received their Social Security payments on time and Medicare cl ...
Social Security & Medicare Questions: September 2011
Q: My husband is 86, has heart problems, a chronic eye condition, and is beginning to have symptoms of Alzheimer’s. What types of home care will Medicare pay for? A: Your husband must first qualify for the home health ...
I Turn 65 This Year: How Much Will I Need For Medicare?
Q: I turn 65 later this year and I’m in good health. How much will Medicare premiums cost, and what other costs will I have? I do not get health insurance where I work. A: Planning healthcare costs is extremely import ...
Social Security & Medicare Questions: August 2011
Q: What is wrong with Medicare? I spent four days trying to get test strips and lancets for testing my blood. I’ve gotten them at Rite Aide drugs for 13 years with no problem. This time I needed a perscription from my do ...
Social Security & Medicare Questions: June 2011
Q: Last year I filled out all the paper work to get financial assistance with my prescriptions. After hours of filling out and research for it, I was told I received $50 too much. Now, I have received the paper work in t ...
Social Security & Medicare Questions: May 2011
Q: I get my Medicare health plan under my wife’s company insurance. My wife is not on Medicare yet, she also gets her health insurance through her former employer. We are both retired and live on a fixed income. When doe ...