Last week, Sens. Ron Wyden (R-Ore) and Mike Crapo (R-Idaho) introduced a bill that follows up on the Senate Finance Committee action in July mentioned above. The bill is called the Modernizing and Ensuring PBM Account ...

Despite all the recent drama at the leadership level, the bitter polarization, and the inability to pass funding legislation, there is some work getting done in Congress with the support of both parties. In late Septe ...

Anyone paying any attention to the news knows the drama in Congress, specifically in the House of Representatives. For the first time in American history, a Speaker of the House has been removed from that position by his ...

Advisor - Sep/Oct 2023 ...

The prescription drug industry is taking aim at Medicare’s new powers to negotiate drug prices that seniors pay for their prescription medications at pharmacies. Pharmaceutical companies and their allies are filing lawsu ...

Prescription drug provisions in the Inflation Reduction Act of 2022 make major changes to Medicare Part D prescription drug costs. The legislation caps spending on out-of-pocket costs for covered drugs at $2,000 starting ...

According to the most recent consumer price data, your Social Security cost-of-living adjustment (COLA) will likely be around 3.2% next year. That’s lower than the 5.9% received in 2022, and the 8.7% COLA received this y ...

By Daisy Brown, TSCL Legislative Liaison A key deadline is looming for Social Security. Benefits may be reduced by around 22% in the next decade unless Congress takes action to fix Social Security’s finances. A key is ...

Edward Cates, Chairman of the Board, TSCL Looking for an extra $300 next year? Beneficiaries participating in the Medicare Extra Help program in 2024 can look forward to an estimated $300 in extra savings on drug cost ...

Mary Johnson, editor What happens to people living on Social Security when inflation cools? Can retirees “recover” from the effects of inflation? I get this question from journalists every month. Is inflation somethin ...