Bloomberg News has reported that a federal advisory commission will recommend to Congress that traditional Medicare lower payments by 5% to nursing homes, home health agencies, and inpatient rehabilitation facilities in ...
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Will the Medicare Part B Premium be Lowered?
As you no doubt know by now, the increase in the Medicare Part B premium for 2022 is the largest ever. As we previously reported, the large increase came about as a result of Medicare preparing to pay for the cost of a ...
Will Prescription Drug Legislation Pass This Year?
As a reminder, the provision to reduce the costs of prescription drugs is part of the legislative package called “Build Back Better,” which is one of the top priorities of President Biden. However, because of the Senate ...
Government Shutdown Once Again Lurks on the Horizon
The subject hasn’t appeared in the media since the agreement in December on a short-term government funding bill, but Congress is working on a spending bill to keep the government open for the rest of fiscal year 2022. ...
Congress Returns to Washington
The members of Congress returned to Washington last week and began what is known as the Second Session of the 117th Congress. They have a full agenda to deal with including some very pressing issues that must be acted u ...
Ask the Advisor: January 2022
Why Is There No Action To Repeal the Windfall Elimination Provision? Q: Why is there NO action to repeal the Windfall Elimination Provision forced upon federal retirees? This has cost me something in excess of $36,00 ...
Legislative Update: January 2022
Congress May Be Divided. Their Constituents Are Not. Shannon Benton, Executive Director Over years of conducting surveys, TSCL has discovered something totally unexpected. Although partisan politics often divides ...
Benefit Bulletin: January 2022
Will A 5.9% COLA Cause More of Your Social Security Benefits To Be Taxable? By Rick Delaney, Chairman of the Board This month your Social Security benefits increase by the highest Cost of Living Adjustment (COLA) o ...
We Always Want to Live in a Manner We’re Unaccustomed To. Just Not Like This.
By Mary Johnson, editor Judging by my email, many of you are living in a manner that you’re unaccustomed to — and not in a good way. Since 2021, higher prices on everyday essentials like housing, heating, food, and p ...
FAQ: Would The 5.9% COLA Cause Social Security To Go Bankrupt Sooner?
Q: When is the Social Security Trust Fund estimated to go bankrupt, and would the 5.9% COLA cause it to be depleted sooner than forecast? A: Last August, the Social Security Trustees released the 2021 annual report, ...
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