As people in the United States struggle to access affordable insulin, the big three drug corporations that manufacture insulin have repeatedly and sharply raised prices and aggressively sought to extend lucrative product ...
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Senate Commerce Committee Approves Bill to Combat Rising Prescription Drug Prices
The Senate Committee on Commerce, Science, and Transportation has recently passed the bipartisan Pharmacy Benefit Manager Transparency Act to increase transparency in prescription drug pricing and hold pharmacy benefit m ...
Controversy over Medicare Advantage Overpayments Continues
In our February update, we told you that according to federal audits, eight of the ten biggest Medicare Advantage insurers — representing more than two-thirds of the market — have deliberately overcharged Medicare for th ...
New Estimates Released on Medicare Solvency
Each year the Social Security and Medicare Boards of Trustees release a report about the financial health of both Medicare and Social Security. The good news is that Medicare’s hospital insurance trust fund, which helps ...
The Medicare Tax That Never Made It to Medicare
Press Briefing 3.7.23 The Medicare Tax That Never Made It ...
Congressional Corner: Congress Capped Insulin Prices for Folks on Medicare. Why this Matters
Representative Sharice Davids (KS-03) When I came to Congress in 2019, one of my first priorities was to lower the cost of prescription drugs, especially on insulin, a medication millions of Americans take every d ...
Best Ways To Save: New FDA Rule Could Save You $3,000 On A Pair Of Hearing Aids
By Mary Johnson, editor A new rule recently announced by the U.S. Food and Drug administration (FDA) approved the sale of over the counter (OTC) hearing aids for people with mild to moderate hearing loss. OTC hearing ...
Ask The Advisor: Did Congress Change The Age For Required Minimum Distributions From Retirement Accounts?
Q: Can you confirm whether Congress changed the age for required minimum distributions from retirement accounts? I am currently age 71 and will turn age 72 in April of 2023. A: It was easy to miss, but yes, budget leg ...
80% of Older Americans Say Their Standard of Living Has Worsened
One of the most frequent questions that TSCL receives in our meetings with Members of Congress and from news outlets is “How has inflation impacted older households?” To find out, we posed the following question to over ...
Legislative Update: Inflation Is Coming Down. But Will There Be A COLA Next Year?
By Daisy Brown, TSCL Legislative Liaison It’s been two years since prices started a stratospheric climb in 2021 at a pace that hasn’t been seen in more than 40 years. Although Social Security recipients rece ...
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