By Mary Johnson, editor The question of limiting the profits of health insurance companies is sparking renewed national debate. The nation’s biggest health insurers have reported robust growth in recent years, due in ...
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Benefit Bulletin: October 2018
Poverty Among Older Americans Getting Hard to Ignore For a growing share of older Americans, retirement has come to mean a lower standard of living as they age. Fewer people are retiring with pensions or adequate ret ...
Ask the Advisor: October 2018
How Does the New Tax Legislation Affect People Age 65 and Over? Q: I’d like to do some tax planning before the end of the year. What can you tell me about the impact on people over the age of 65? A: Th ...
More Than 5 Million Social Security Recipients May Not See Any Growth in Net Benefits Despite Highest COLA in Seven Years
(Washington, DC) – More than 5 million Social Security recipients with the lowest benefits are unlikely to see any net growth in their monthly checks after deduction of the Medicare Part B premium in 2019, according to a ...
Social Security COLA Estimated to Be 2.8 Percent
(Washington, DC) – Social Security recipients can look forward to receiving an annual cost-of-living adjustment (COLA) of about 2.8 percent in 2019, according to the latest estimate released by The Senior Citizens League ...
Drug Price Comparison ...
What the Social Security Trust Fund Is Missing From Top Paid U.S. CEOs
(Washington, DC) A new analysis from The Senior Citizens League takes a look at what the Social Security Trust Fund might collect in payroll tax revenues from just a few of the highest paid U.S. workers. “In a samp ...
Denials of Coverage Highest For Medicare Advantage Plans
Narrow provider networks of private Medicare Advantage managed care plans can result in denials of coverage and surprise bills when care is obtained from out-of-network doctors and other healthcare providers. A recent a ...
Ask the Advisor: September 2018
How Can We Cope With Debt In Retirement? Q: My husband survived cancer but his healthcare costs depleted our savings. Do you have suggestions for coping with debt in retirement? A: Debt among older Americans is ...
Q & A: September 2018
Q: When I enrolled in Medicare two years ago I purchased a Medigap “F” supplement. Since then, my premiums have gone up 15% a year! I’m worried that I won’t be able to sustain cost increases like that for long. Am I a ...