Last week the Congressional Budget Office (CBO) released a report that revealed Medicare outpatient plans are three times more expensive for the same drugs as those covered by Medicaid. According to Bloomberg News, “B ...
Category: Uncategorized
Best Ways to Save: February 2021
How Has COVID-19 Affected Your Taxes for 2020? The 2020 tax document gathering season is here, and this year holds even greater challenges than usual for taxpayers. According to TSCL’s annual Senior Surveys, about 50 ...
Ask the Advisor: February 2021
Would My Mother’s Social Security or Medicare Benefits Be Affected If Her Home is Sold? Q: At age 87, my mom, who was widowed several years ago, is in need of assisted living and we are thinking of selling her home t ...
Benefit Bulletin: February 2021
Are You Ready For a COVID-19 Vaccine? By Rick Delaney, Chairman of the Board, TSCL An unprecedented nationwide effort to vaccinate Americans against COVID-19 is underway, and older adults are among the first on the ...
Medigap Premiums: Are You One Of The “62%”?
By Mary Johnson, editor Are you one of the 62%? This is a term that I invented for Medicare beneficiaries with a Medigap supplement whose premiums have increased by 62% or more since 2016, like mine. If that’s you, ...
Medicare Hospital Insurance Trust Fund Near Insolvency
Before 2020 came to an end, a new forecast from the Congressional Budget Office (CBO) confirmed that Medicare’s Part A Hospital Insurance (HI) trust fund is running out of money two years earlier than previously expected ...
New Concern About Cuts to Medicare
A report came out this weekend about the possibility of new major cuts to Medicare. This could result because of Senate rules about how many votes it takes to pass legislation. Because just one Senator can stall legi ...
High Cost of Prescription Drugs – More than Just Prices
A new study has found that it is more than prices that are high when it comes to so many prescription drugs. According to Modern Healthcare newsletter, “A $10.40 increase in out-of-pocket costs per prescription was asso ...
Monday Holidays
This week most members of the House and Senate are back in their districts or states meeting with constituents or otherwise conducting business there. A few have stayed in Washington to take part in hearings that are sc ...
Update for February 13, 2021
Monday Holidays This week most members of the House and Senate are back in their districts or states meeting with constituents or otherwise conducting business there. A few have stayed in Washington to take part in h ...