Last week the U.S. House of Representatives passed a bill that would cap the monthly cost of insulin at $35 for insured patients. Experts say the legislation would provide significant relief for privately insured pati ...
Category: Uncategorized
President Seeks to Prepare for Future Pandemics
Even as we seem to be getting back to normal in our everyday lives, the new Omicron subvariant virus is spreading in the nation. While it seems to be even more contagious than the original Omicron, it does not generally ...
President Again Calls for Lower Drug Prices in his New Budget Proposal
It was just three weeks ago that Congress finally passed legislation to fund the federal government for the rest of the current 2022 fiscal year. Now, President Biden has sent to Congress his proposed budget for fiscal y ...
Q & A: March/April 2022
Q: I Need Help With Healthcare Costs, But My Income Is Too High. What Can I Do? Since getting COVID a year ago, I’ve developed asthma after having no asthma symptoms for over 35 years. Now I need a medication to pre ...
Ask the Advisor: March/April 2022
What Is The Status of Efforts To Reduce This Year’s Medicare Part B Premium? Q: Earlier this year I read that Medicare has been directed to reassess the 2022 Part B premium increase. Will this mean the Part B premium ...
Benefit Bulletin: March/April 2022
Many Low Income Seniors Likely to See Cuts By Rick Delaney, Chairman of the Board Consider this. The next time you meet someone over the age of 62, there’s a 50% chance that person may be having trouble affording ...
You Aren’t Over Reacting. Inflation Really Is Worse Than They’re Telling Us
By Mary Johnson, editor Social Security recipients were short-changed last year at the very same time food prices forced roughly half of all older adults to apply for food stamps or to visit food pantries. The 1.3% c ...
Uncertainty Higher Than Ever This Tax Season
Taxpayers are feeling more uncertain than ever about their tax liability this year, particularly when it comes to the taxation of Social Security benefits. According to TSCL’s January Senior Survey, about half of survey ...
What’s Your COLA Shortfall In 2022?
How much faster is inflation growing than your Social Security benefit? Your first cost-of-living adjustment (COLA) in January 2022 may have been just barely enough to buy a few extra groceries. But by January your COL ...
Legislative Update: March/April 2022
Part D Plan Sponsors Pocketing Rebates While Consumers Pay More For Prescriptions By Shannon Benton, Executive Director Provisions that would reduce the costs of prescription drugs for Medicare beneficiaries remain ...