Following the lead of the Senate, last week the House of Representatives passed a huge bill to fund the federal government for the remainder of the 2023 fiscal year. The information presented below is, to the best of our ...
Category: Uncategorized
FAQ: Inflation Outlook for 2023
Q: Will Prices Come Down In 2023? A: Consumer price data through September of 2022 suggests that the rate of price increases gives no clear sign that inflation is abating yet. So far, there’s no indication that inflati ...
FAQ: Social Security’s Solvency
Q: Will the 8.7% COLA affect the solvency of Social Security? A: TSCL thinks it might. Since 1975, the Social Security Administration has automatically adjusted benefits annually based on inflation. Rarely have pric ...
Legislative Update: December 2022
By Daisy Brown, TSCL Legislative Liaison Q: What Does TSCL Support To Make Medicare And Social Security Benefits More Adequate? A: Keeping Medicare affordable while providing effective, high-quality care often tops TSC ...
Benefit Bulletin: December 2022
Edward Cates, Chairman of the Board, TSCL Q: How Could the COLA Affect Medicare Costs? A: Rising Social Security income due to the COLAs will provide some greatly needed relief from rising prices. But the increased i ...
FAQ: Taxation of Social Security Benefits
By Mary Johnson, editor Q: How Will Inflation Affect Your Taxes? A: With inflation at historic levels, it’s helpful to know about two important inflation- related factors of our tax code that affect what older (and dis ...
FAQ: Medicare Part B Costs
Q: How Will Part B Premium Costs Change In 2023? A: Most healthcare costs are expected to continue to climb from 2022 - 2023, but there is some good news. The Medicare Part B premium is going down in 2023. Medicare P ...
FAQ: COLA
Q: Will Your COLA Be Enough To Keep Up With Rising Prices? A: Social Security beneficiaries will receive an 8.7% cost-of-living adjustment (COLA) in January, the highest that almost every beneficiary alive today has eve ...
Medicare Will Cap Insulin At $35 Per Month, But Is Your Prescription Still Covered By Your Plan? Better Check!
(Washington, DC) – The recently enacted Inflation Reduction Act requires Medicare Part D plans to cap insulin costs at $35 per month per covered prescription starting in 2023, but to get the savings, diabetic Medicare be ...
New Senate Report Says Medicare Advantage Ads Mislead Seniors
TSCL has been warning our supporters that all the ads for Medicare Advantage plans that are seen on TV, heard on radio, seen online, or in mail sent to homes are from insurance companies that want to sell their policies. ...