Tomorrow, Tuesday, March 23, the Senate Health, Education, Labor, and Pensions Committee’s Primary Health and Retirement Security Subcommittee is scheduled to hold a hearing on drug prices. The hearing is titled, “Why D ...
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Drug Pricing Bills Pass Senate – Now House Must Pass
The Senate has passed two measures that, while rather technical in nature, deal the prices of prescription drugs. One of the bills (S.415) would help lower drug costs by boosting competition and closing loopholes that ...
House Passes Bill to Stop Cuts in Medicare Payments – but Senate Passage in Doubt
Passage of legislation in Congress is more complicated than most people realize. The Constitution allows each chamber of Congress to set its own rules for getting it done. Because the House of Representatives has 435 ...
People Born In 1960 Face Permanent Social Security Benefit Reduction
About 4 million people who turn age 61 this year are in for a deep hit to their Social Security benefits when they retire. The initial retirement benefits of these individuals may be permanently reduced by about 9.1%, a ...
Other Legislation Also Targets Scams and Fraud Against Seniors
Seniors are often targeted for their money or identity, commonly with fraudsters asking seniors to send a payment through gift cards, by wire transfer, credit card, or other predatory schemes. Retailers, financial servic ...
New Legislation to Stop Looming Cuts to Medicare Urgently Needed
Now that Congress has passed President Biden’s Covid-19 relief bill it must turn its attention immediately to passing legislation to delay billions of dollars in cuts to Medicare. The pending cuts are due to a rule, t ...
New Legislation Would Combat Scams Against Seniors’ Investments
While many seniors rely on Social Security for nearly all their retirement income, for others it is part but not all their retirement. Those seniors have investments they rely on to generate the income they need in thei ...
Using Generic Drugs Could Save Billions of Dollars
A new study by the Journal of the American Medical Association says that the Medicare Part D program could have saved roughly $1.7 billion in 2017 if doctors and patients had actively opted for generic drugs instead of b ...
Ivermectin is NOT a Covid-19 Treatment
In recent weeks, some cable television programs have been promoting a drug called ivermectin as a “cure” for the coronavirus. However, ivermectin is an anti-parasitic drug used on livestock, and while it is authorized f ...
Seasonal Flu Not a Factor This Year
According to an article in Statnews.com, “It is looking increasingly like the U.S. may not experience a flu season this year. To date, fewer than 1,600 people in the entire country have tested positive for influenza sinc ...
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