Prescription Drug Reform Something Both Political Parties Believe Is Needed

As the national discussion over how to control prescription drugs prices heats up, NCPSSM President & CEO Max Richtman sits down with CBS4’s Jim DeFede in Miami to discuss the challenges facing seniors and some possible price control solutions. These include allowing Medicare to negotiate drug prices directly with pharmaceutical manufacturers, allowing drug reimportation from[…]

Trump 2020 Budget Shortchanges Seniors

They say that a White House budget is merely a messaging document – especially in an era of divided government. In that case, the Trump administration has sent a grim message to America’s seniors in its 2020 spending proposal. It goes something like this: older Americans living on fixed incomes – especially the elderly poor[…]

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,[…]

New CMS Projections on Medicare Spending Warrant Scrutiny

According to a federal report issued yesterday by the Centers for Medicare and Medicaid Services (CMS), government is expected to cover 47% of the country’s health care costs by 2027. The current figure is 45 percent, according to the Associated Press. “Rising prices for health care goods and services are expected to account for nearly[…]

With John Dingell’s Passing, Seniors Mourn a Lifelong Champion

“American seniors have lost a lifelong champion in the passing of former Rep. John Dingell, the longest serving member of the U.S. Congress. He presided over the passage of Medicare and Medicaid in the House chamber in 1965, guaranteeing the right to health care for low income and older Americans. During nearly sixty years of[…]

State of the Union Should Include Older Americans’ Priorities

Seniors struggling with soaring health care and prescription drug costs deserve re-assurance that the White House is actually on their side. The National Committee to Preserve Social Security and Medicare urges that President Trump use tonight’s State of the Union speech to do just that. In a letter to the White House on behalf of[…]

Seniors Ask President to Prescribe Strategy for Lower Part D Drug Prices

State of the Union Should Include Priorities for Older Americans Seniors struggling with soaring health care and prescription drug costs deserve re-assurance that the White House is actually on their side. The National Committee to Preserve Social Security and Medicare urges that President Trump use his State of the Union speech to do just that.[…]

Influx of women in Congress can improve women’s retirement security

The record number of women legislators on Capitol Hill could have a positive impact on women’s retirement security. More than 100 women were sworn-into office as members of the U.S. House last week. This new “sisterhood” of lawmakers brings a stronger female perspective to the nation’s retirement challenges — which disproportionately affect women — and[…]

Hill Democrats Get Tough on Big Pharma, Prescription Drug Prices

Elections have consequences, and one positive consequence of the midterms is that the new House majority is serious about reducing drug prices for seniors. Last week, Democrats introduced legislation to allow Medicare to negotiate prices directly with pharmaceutical companies. This week, the new chairman of a key House committee, Rep. Elijah Cummings (D-MD), announced an[…]