House Delivers Crucial Rx Price Relief to American Seniors

(source = https://www.ncpssm.org/documents/news-releases/house-delivers-crucial-rx-price-relief-to-american-seniors/) “The U.S. House of Representatives resoundingly defied Big Pharma today by passing historic legislation to lower prescription drug prices for America’s seniors and their families. The Lower Drug Costs Now Act (H.R. 3) accomplishes what we and other advocates have long demanded — that Medicare be empowered to negotiate prices with pharmaceutical[…]

Mourning the Loss of a True Champion for Seniors in Congress

America’s seniors have lost a true champion with the passing of Rep. Elijah Cummings (D-MD) at the age of 68. The Congressman, who was chairman of the House Oversight Committee, forcefully and eloquently advocated for Social Security, Medicare, Medicaid and lowering prescription drug prices. His staunch support of seniors’ priorities repeatedly earned Rep. Cummings a[…]

Seniors Shouldn’t Be Fooled by Trump’s Medicare Publicity Stunt

“Seniors recall the 2016 promise from then-candidate Donald Trump to allow Medicare to negotiate drug prices as a strategy for lowering prescription drug costs. And they still are waiting for that to happen. Older Americans won’t be fooled by a parade of empty words and promises. Seniors need a real-world solution to the high cost[…]

Trustees of the Medicare program report

The Trustees of the Medicare program report that the federal senior health care program’s finances look about the same as they did in 2018. Medicare’s Part A trust fund will become depleted in 2026, at which time the system still could pay 89% of benefits. But, again, this is only if Congress takes no action[…]

Trump Administration Turns Its Back on Older Americans in 2020 Budget

Proposed Spending Plan Would Slash Social Safety Net Programs “President Trump’s 2020 budget proposal shortchanges seniors by slashing $845 billion from Medicare, cutting $25 billion from Social Security Disability Insurance, and gutting Medicaid by 1.5 trillion. And, to push the heads of seniors further under water, the White House budget also proposes to eliminate federal[…]

Understanding Medigap Policies

About 25 percent of seniors in traditional Medicare are also enrolled in private supplemental coverage known as Medigap to help insulate themselves from high out-of-pocket costs. Absent Medigap coverage, beneficiaries must pay the full deductibles and coinsurance for Part A (hospital) and Part B (physician and outpatient) services. In addition, unlike most employer-sponsored health insurance,[…]