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On Dec. 23, 2020, Congress passed a new provision called the Beneficiary Enrollment Notification and Eligibility Simplification Act of 2020, or “BENES Act” of 2020 as part of the $900 billion pandemic aid package. This bill had wide bipartisan support in the House of Representatives and the Senate. The bill also had strong support from more than 85 national and state organizations that support older adults and people with disabilities. The BENES Act is the first update to Original Medicare (Me...
Dear Savvy Senior: I will turn 65 in a few months and plan to keep working for several more years. I have good health insurance from my employer now. Do I have to sign up for Medicare when I reach 65? — Looking Ahead Dear Looking: Whether you need to enroll in Medicare at 65 if you continue to work and have health insurance through your job depends on how large your employer is. The same rules apply if your health insurance comes from your spouse’s job. But first, let’s review the basics. Remember that original Medicare has two parts: Part...
Do you plan to pay a cleaning person, cook, gardener, babysitter or other household worker at least $2,300 in 2021? This amount includes any cash you pay for your household employee’s transportation, meals and housing. If you will pay at least $2,300 to one person, you have some additional financial responsibilities and you must: Deduct Social Security and Medicare taxes from those wages; pay these taxes to the Internal Revenue Servicep report the wages to Social Security. For every $2,300 in wages, most household employees earn credits t...
President-elect Joe Biden will not get a traditional honeymoon from Congressional lawmakers to start off his new administration in January. It will severely limit what he can accomplish on his ambitious health care agenda. With sharp divides in both houses of Congress, where a few votes one way or the other could determine success or failure, Biden may even have trouble getting his Cabinet nominations through. Without a doubt, Biden's two-prong agenda – to solve the coronavirus pandemic and patc...
Sixty-six percent of retirees report spending more than $375 a month on healthcare costs, according to a recent survey by The Senior Citizens League (TSCL). “That figure is almost one quarter of the average $1,523 per month Social Security benefit in 2020 and more than the Medicare Trustees estimate for 2020,” says Mary Johnson, a Social Security and Medicare policy analyst for The Senior Citizens League. Even worse, of that group, 31 percent of survey participants said they spend more than $1,000 a month on total healthcare costs — rough...
As you may have known or suspected, Medicare is the largest medical insurance program in the U.S. As of October 2020, there are more than 62.9 million people enrolled in Medicare nationwide, according to the Medicare Enrollment Dashboard. Medicare program costs are evaluated each year and the premiums, deductibles and co-pays are adjusted. Here are some of the changes in Medicare for 2021. Medicare Part A hospital coverage The vast majority of Medicare beneficiaries do not pay a monthly premium...
So far, almost 40 percent of the nation's more than 240,000 COVID-19 deaths are from seniors living in nursing homes and long-term care facilities. As the coronavirus pushes into what incoming-President Joe Biden calls the "very dark winter," efforts are being made to prevent a repeat of this continued death spiral and apply lessons learned so far. So what lessons can be learned and what can be done to inspire a meaningful shift in how the country cares for – and spends on – its elderly peo...
Enormous drug company profits are the primary driver of soaring prescription drug prices in America, according to an investigation that Democrats on the House Oversight Committee released recently. The report, based on an 18-month investigation which produced more than a million documents, was started by former committee chairperson Rep. Elijah Cummings, D-Md.., who died last year. But it was largely overlooked, with the nation focused on COVID-19 and the presidential elections – despite a congressional hearing with verbal fireworks i...
The Medicare Part D (prescription drug coverage) Open Enrollment Period is now in full swing. (See page 7 for details - Editor.) For those who don’t know, from Oct. 15 to Dec. 7 each year, Medicare provides an opportunity for beneficiaries who have Part A (Hospital) coverage and/or Part B (Medical) coverage to: join a Medicare Part D plan, change their Medicare Part D plan or dis-enroll from Medicare Part D. Enrollment, disenrollment, and plan changes can also be made to Medicare Advantage (...
The misleading ads and distorted facts have not quite hit the level of the 2011 classic “granny off the cliff” political ad where an elderly woman was being foisted from her wheelchair over the edge of a cliff, which then-House Speaker Paul Ryan himself credited for sinking his budget proposal targeting Medicare. But the increasing confusion of information over the future of Social Security (SS) and Medicare has reached fever pitch in the current political environment. Both candidates for president are playing games with the facts. Dem...
Alaskans will be able to apply for no-excuse absentee ballots online this year, as election officials have made it easier to vote safely from home amid the coronavirus pandemic: Older voters should have already received absentee ballot applications in the mail. Election officials in July sent absentee ballot applications to all registered voters 65 and older for the Aug. 18 primary and the Nov. 3 general election. Early voting for the general election will begin Oct. 19, helping voters to avoid longer lines on Election Day. Here’s what else y...
The summer has flown and autumn is upon us. The leaves on the trees are turning the vibrant colors of fall, and the air is cool and brisk. The captivating smell of fireplaces burning logs permeates the air. It is also the time of year to begin to think about our Medicare prescription drug coverage. From October 15 until December 7, each Medicare beneficiary who part A, Part B, or both has the opportunity to enroll, dis-enroll, or change their prescription drug plan choices. This period is...
Major-party presidential candidates Trump and Biden have dramatically different visions for the future on health care issues. So in assessing their policy positions, it's also important to look at actions versus talk. Trump has been president for almost four years; Biden had eight years as vice president under Barack Obama, and before that 36 years in the U.S. Senate. So both have actual records with which we can look at what they've tried to do, versus what they say they plan to do. Here's a...
Are you restlessly awaiting your Medicare Summary Notice to arrive in your mailbox so you can verify that Medicare paid for a service or product? Are you anticipating the upcoming annual Open Enrollment Period for Part D and want to make sure that your prescription list is current? Have you lost your Medicare card and need to get a new one? Do you want to review what preventive services are available to you? How about getting an “On the Go Report” that summarizes your medical information for you...
Learn to identify Social Security scams The most effective way to defeat scammers is to know how to identify scams. You should just hang up on any call you’re uncertain of and ignore suspicious emails. Scammers are always finding new ways to steal your money and personal information by exploiting your fears. One common tactic scammers use is posing as federal agents and other law enforcement. They may claim your Social Security number is linked to a crime. They may even threaten to arrest you if you do not comply with their instructions. J...
Amid the sharp political divides over its handling of the coronavirus pandemic and ongoing racial protests, the Trump administration continues its push to invalidate the Affordable Care Act (ACA) through the courts – a move that could prove to be one of the riskiest decisions in President Donald Trump’s reelection efforts and could also severely complicate who controls Congress. The decision to file its brief to undo the ACA at the U.S. Supreme Court before it hears the case for the third time in the fall, reveals a sharp dividing line in the...
Those who are approaching Medicare eligibility, or have Medicare, frequently have many questions - about how Medicare coverage works, enrollment options and costs, and many others. You may ask yourself: “Who do I call?” for answers. The good news is that there are numerous resources out there to assist Medicare beneficiaries with questions or concerns and there is often more than one correct resource. Listed here are some of the agencies that can supply expert knowledge and assistance reg...
Dear Savvy Senior: I understand that COVID-19 hits smokers a lot harder than nonsmokers but quitting at my age is very difficult. Does Medicare offer any coverage that helps beneficiaries quit smoking? - Must Quit Dear Must: It’s true. Smokers and vapers have a higher risk of severe COVID-19 infection as the coronavirus attacks the lungs. That’s why quitting now is more important than ever before. If you are a Medicare beneficiary, you’ll be happy to know that Medicare Part B covers up to eight face-to-face counseling sessions a year to help yo...
Dear Savvy Senior: Are there any financial assistance programs you can refer me to? The coronavirus pandemic has cost me my part-time retirement job and has shrunk my measly IRA account. - Needy Retiree Dear Needy: Absolutely. In addition to the $1,200 federal coronavirus stimulus check that was distributed in April and May, there are many other financial-assistance programs (both public and private) that can help struggling retirees, as well as give relief to family members who help provide financial support for their loved ones. To find out...
As the nation moves into whatever "reopening" the next phase of the COVID-19 challenge means, the pandemic's mark on American health will be a permanent one in good ways and unfortunate ones too. The nation is nowhere close to a vaccine or a cure despite president Donald Trump's hyper-ambitious "plan" to develop, manufacture and distribute a vaccine by the end of 2020. Most scientists suggested that the most "optimistic" potential for a vaccine would be at the end of 2021 and more likely it...
Having trouble signing up for Medicare Part B, Medical Insurance, in the midst of these trying times? The Social Security Administration (SSA) is the agency that handles the Medicare Part A and Part B enrollment and as you may know, SSA, like so many other agencies affected by the COVID-19 virus pandemic, has not been open to the public for face-to-face assistance. This has been particularly challenging to people who need to sign up for Medicare Part B, but prefer to do business in person...
Editor’s note: This press statement was received on May 12, 2020. Social Security benefits have lost 30 percent of buying power since 2000, according to the latest “Social Security Loss of Buying Power” study released in May by The Senior Citizens League (TSCL). “This year’s study found a 3 percentage point gain in the buying power of Social Security benefits over 2019,” says study author Mary Johnson, a Social Security policy analyst for the League. “That should indicate that most retirees may have seen at least some prices come down on certai...
Dear Savvy Senior: I manage a large doctor’s clinic that treats hundreds of seniors each month. We are moving to more telehealth visits to help keep our patients safe at home during the coronavirus pandemic, but this new way of seeing a doctor is befuddling to many of our elder patients. Can you write a column educating patients on how to prepare for a telehealth appointment? - Regular Reader Dear Reader: I’d be happy to help. To help keep patients safe and at home during the coronavirus crisis, more and more doctors and other health care provi...
Getting older in America will never be the same, after the astonishing death toll in nursing homes and senior housing facilities has revealed just how flawed the nation’s system of care is. The fallout could completely collapse the nursing home and assisted living industries. No doubt, though, it will certainly change them and how we take care of our elders. The COVID-19 pandemic has revealed a defective system of caring for seniors, including severe understaffing at nearly all facilities, inconsistent regulations, economic challenges p...
During this time when our physical offices are closed to the public, you may wonder, “How can I get help from Social Security without visiting an office?” You can find the answer at www.ssa.gov/onlineservices, which links you to some of our most popular online services. You can apply for retirement and disability benefits, appeal a decision, and do much more. Our newest my Social Security feature, Advance Designation, enables you to identify up to three people, in priority order, who you would like to serve as your potential representative pay...
