For many seniors, the announcement of Social Security’s cost-of-living adjustment (COLA) is one of the most anticipated pocketbook news stories of the year. The COLA for 2020 will be released during October - a time of y ...
Category: News
2020 Cost of Living Adjustment
(Washington, DC) – A new analysis from The Senior Citizens League (TSCL) indicates that Social Security checks in 2019 are as much as 18 percent lower due to the impact of extremely low COLAs over the past ten years. F ...
Social Security COLA Drops to 1.6 Percent For 2020
(Washington, DC) The Social Security cost-of-living adjustment (COLA) for 2020 will be considerably lower than the 2.8 percent COLA received this year, according to a new estimate from The Senior Citizens League (TSCL). ...
Medigap Premiums Grew More Than Twice the Rate of the Social Security COLA Over Past Year — Forecast Worse for Next Year
(Washington, DC) According to a new survey by The Senior Citizens League (TSCL), premiums for Medicare supplemental insurance, known as Medigap, grew more than twice as fast as Social Security cost – of – living -adjust ...
Big Variation In Part D Costs Means Most Medicare Beneficiaries Overpay for Prescriptions
(Washington, DC) – A new analysis from The Senior Citizens League (TSCL) of 12 frequently - prescribed drugs illustrates that Medicare recipients frequently overpay for their medications. “Because Medicare doesn’t neg ...
One-Third of Adults Over 65 Have Not Received Dental Care in More Than Two Years
(Washington, DC) – One-out- of three adults covered by Medicare are not getting regular dental care, according to a new survey by The Seniors Citizens League (TSCL). “We estimate that roughly 20 million older Americans ...
52% of Retirees Spend at Least $376 Per Month on Healthcare Costs
(Washington, DC) – A new survey by The Senior Citizens League (TSCL) indicates that 52 percent of retirees spend at least $376 per month on healthcare costs. If that doesn’t sound like enough of a challenge, at a time w ...
Older Americans Want Action to Lower Medicare Drug Costs
(Washington, DC) – Susan Gross, a 66 - year old retired office assistant living in Central Virginia, spends most of her day caregiving. Her 46-year-old son, who is disabled from cerebral palsy, lives with her, as does h ...
Social Security Benefits Lose 33% of Buying Power Since 2000
(Washington, DC) Social Security benefits have lost 33 percent of buying power since 2000, according to the latest Social Security Loss of Buying Power Study released today by The Senior Citizens League. “One would thi ...
Millions of Retirees Could See Entire COLA Swallowed by Medicare Part B Increase Next Year
(Washington, DC) – In their new report, Medicare Trustees forecast a higher rate of growth in Part B premiums next year, which could put millions of low benefit Social Security recipients at risk of seeing the deductio ...
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