Soaring inflation has caused Social Security benefits to lose 40% of their buying power since the year 2000 according to the latest update of an ongoing study by TSCL. Purchasing power plummeted by 10 full percentage po ...
New Health Care Cost Transparency Rule Now in Effect
Last week a new federal rule that is supposed to give a clearer picture of what insurers and employers pay for health care went into effect. However, there are doubts about how successful it will prove to be. Patients ...
One More Try for Prescription Drug Legislation in the Senate
Congress is in the middle of its annual July 4th recess but before they left for home last week it was revealed that Senate Democrats are putting together a last-minute plan that would let Medicare negotiate prices direc ...
TSCL Endorses New Legislation to Protect Seniors from Misleading Drug Ads
A new bill was just introduced into the House of Representatives that would protect seniors, prevent drug manufacturers from obscuring dangerous side effects of their prescription drugs in their advertisements, and help ...
TSCL Works With Congressional Office to Pass Social Security Fairness Act
At the request of Congresswoman Abigail Spanberger's (D-Va.) office, TSCL is working to gain more Congressional support for H.R. 82, The Social Security Fairness Act. TSCL strongly endorses this legislation. We are ...
Drug Company Studies Biased Toward High-Priced Medicines
A new report in the British Medical Journal has found that studies paid for by drug companies are more likely to conclude that a medicine’s benefits outweigh its costs than are independent analyses. By one measure, indus ...
Other Bills to Lower Prescription Drug Costs Waiting for Senate Action
As a reminder, the House of Representatives has already passed two pieces of legislation that would lower prescription drug costs. The first bill is the Elijah Cummings Lower Drug Costs Now Act (H.R.3), which would sa ...
Bill to Reduce Insulin Costs Revealed in the Senate
Last week U.S. Senators Jeanne Shaheen (D-N.H.) and Susan Collins (R-Maine) – Co-Chairs of the Senate Diabetes Caucus – announced their new bipartisan legislation, the Improving Needed Safeguards for Users of Lifesaving ...
Government Agency to Investigate Cause of Higher Drug Costs
Pharmacy benefit managers, or PBMs, are companies that manage prescription drug benefits on behalf of health insurers, Medicare Part D drug plans, large employers, and other payers. By negotiating with drug manufacturers ...
Seniors Also Struggle with Dental Care
What we commonly think of as “health care” is not the only Issue Seniors grapple with. According to the Centers for Disease Control and Prevention (CDC), older Americans with the poorest oral health tend to be those who ...