The New York Times stated that the Congressional Budget Office (CBO) projects savings of $716 Billion from Medicare alone over the next decade. Savings of this magnitude have never before been achieved, and achieving them will present new difficulties for beneficiaries...Learn more.
United States Senator Rockefeller and U.S. Representative
Waxman introduced legislation that would require drug manufacturers to pay
rebates for the drugs used by individuals who are dually eligible for both
Medicare and Medicaid and for people receiving the Medicare Part D Low-Income
Subsidy (LIS), Medicare Drug Savings Act (S. 740, H.R. 1588). Read more.
Healthcare providers across the nation face the important task of caring for
more than 30 million Americans who are living with Kidney Disease, and more
than half a million with End-Stage Renal Disease (ESRD). Members of Congress,
including your own senators, play an important role in ensuring access to this
life-sustaining treatment. Read more.
The Social Security Administration
(SSA) reported receiving 849,869 requests for hearings in FY 2012. Most SSDI claims are denied with the
application, and individuals must file a disability appeal to reach the
hearing. This leads many people to ask, ‘Should
I file a disability appeal?’ With a disability appeal, it’s critical to
consider the options you have. Read more.
If the Franchise Tax Board (FTB) is
notified that the bank account consists only of Social Security earnings, your
account would not be garnished. Social Security income is excluded from state
tax collection activity. It's important to note that having Social Security
income does not stop withholding orders for earnings from being issued if the
taxpayer is already in active collections, and it also does not stop liens from
being filed. Read More.
Medicaid is a comprehensive health care program that covers a wide variety of people who need nursing facility medical care and meet certain financial eligibility guidelines.
For seniors, Medicaid is a very important resource covering more than 65
percent of all nursing home care. Nursing care currently costs approximately
$100,000 a year. Therefore, most people who require long-term skilled nursing
care eventually must deal with this program. Read More.
The "chained CPI" has become one of the linchpins of the debate in
Washington over what to do about the cost of Social Security. The idea is to
ratchet up the annual cost-of-living adjustment provided to recipients by
no longer basing it on the standard consumer price index, rather on this new
"Chained CPI" creature. Its virtue, supposedly, is that it points to a slower inflation rate
than the unchained index, by about .3% a year. Read more.
The concept sounds simple enough: turn your assets into an annuity stream, and you won’t have excess assets, and you’ll be eligible for Medicaid. But it’s a lot more complicated than that. Read More.