By Susan Stewart, Licensed Insurance Agent The Medicare Annual Enrollment Period ends on December 7. This means it’s time for you to work with an advisor to select the Medicare Advantage plan that best suits your nee ...
Category: Uncategorized
Proposed Law Would Increase Social Security Survivorship Benefits by $2,645
By Alex Moore One unfortunate fact of aging with a loved one is that one person has to outlive the other. And that doesn’t just bring emotional turmoil, but financial turmoil as well. The average funeral cost $8,300 i ...
Two-Thirds of Seniors Rely on Social Security for More Than Half Their Income
By Alex Moore When the Social Security Commissioner Martin O’Malley estimated that the program is “the difference between dignity and poverty” for about half of seniors in a May 2024 press release, he may have needed ...
Legislative Update: Medicare Negotiates Lower Prices for 10 Key Drugs
By Daisy Brown, Legislative Liaison, TSCL This August, Medicare announced that it has successfully negotiated new, lower prices for 10 key drugs for seniors. The negotiations reduced the drugs’ average costs by 63 per ...
Benefit Bulletin: 2025 COLA Announced at 2.5%
By Edward Cates, Chairman, TSCL The Social Security Administration announced that 2025’s COLA will be 2.5 percent on October 10. On average, retired workers’ Social Security checks will increase by $48 on January 1, 2 ...
Legislative Update for October 2024
The Senior Citizens League (TSCL) Monthly Washington Update for the end of October 2024 ----- The end of the 2024 election period is upon us, and most people are probably happy about it. As of this writing, we don’t kn ...
Results of the Election Could Have Major Impact on Seniors
No matter which party wins control of Congress, the high cost of drugs remains a hot issue that still needs to be dealt with. In our last update, we gave the list of the ten drugs that the Biden administration negotiated ...
Physicians, on the Other Hand, to Receive Lower Payments
In a separate announcement last week, CMS said that overall Medicare payments to physicians and clinicians will be reduced by an average of 2.93% next year. The increase in payments to surgical centers mentioned above is ...
Medical Facilities to Receive Higher Medicare Payments Next Year …
Last week, the Centers for Medicare and Medicaid Services (CMS) announced, among other things, that general acute care hospitals and ambulatory surgical centers will receive an increase in payments made to them by Medica ...
November/December Advisor
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