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News Archives
4/24/2014

For decades, policymakers have debated how much to reimburse private Medicare Advantage (MA) plans for serving seniors.  Currently, the federal government pays MA plans, which cover about 30 percent of Medicare beneficiaries, more per beneficiary than traditional Medicare for providing the same services.  The Affordable Care Act (ACA) gradually levels MA and traditional Medicare payments, saving $156 billion over 10 years.  

4/23/2014

The nation’s current minimum wage of $7.25 per hour has not been increased since 2007.  President Obama has proposed increasing the nation’s minimum wage to $10.10 per hour.  The Fair Minimum Wage Act of 2013, introduced by Senator Tom Harkin and Representative George Miller would increase the minimum wage from its current rate of $7.25 per hour in three steps – to $8.20 in 2014, $9.15 in 2015 and $10.10 in 2016.  Although many retirees may question what impact an increase in the minimum wage would have on their lives, the increase could make a difference for seniors.
4/22/2014

Medicare beneficiaries are being denied access to Medicare’s skilled nursing facility (SNF) benefit because acute care hospitals are increasingly classifying their patients as “outpatients” receiving observation services, rather than admitting them as inpatients. Patients are called outpatients despite the fact that they may stay for many days and nights in hospital beds and receive medical and nursing care, diagnostic tests, treatments, medications, and food, just as
they would if they were inpatients. Under the Medicare statute, however, patients must have an inpatient hospital stay of three or more consecutive days, not counting the day of discharge, in order to meet Medicare criteria for coverage of post-acute care in a SNF.
4/18/2014

The U.S. House of Representatives approved Budget Resolution for Fiscal Year 2015 would destroy the current Medicaid program and slash benefits for low-income individuals. Led by Budget Committee Chair, Representative Paul Ryan (R-WI), H. Con. Res. 96 would make major cuts to Medicaid funding and repeal the Medicaid expansion in the Affordable Care Act (ACA). These changes would be detrimental to seniors and others who rely on Medicaid by potentially jeopardizing their access to nursing homes and long-term services and supports (LTSS), rationing health benefits, and affecting low-income seniors' ability to pay for Medicare benefits. 
4/17/2014

Since passage of the Affordable Care Act (ACA), Republicans have accused Democrats who voted for health care reform of "cutting" Medicare. At the same time, Republicans in the House of Representatives have supported four Republican budget resolutions, introduced by House Budget Committee Chairman Paul Ryan (R-WI), that retain the same savings in Medicare spending while repealing the Affordable Care Act's Medicare improvements.
4/17/2014

Facts about the Social Security program including COLA, percentage of people paying into the system, and the percentage of workers covered.
4/16/2014

The Social Security Disability Insurance (SSDI) program is a part of the Old Age, Survivors, and Disability Insurance (OASDI) program administered by the Social Security Administration (SSA). Enacted in 1956, SSDI pays benefits to millions of disabled workers and their dependent family members, providing a crucial source of financial security for people who are severely limited in their ability to work because of a disabling illness or injury. The SSDI program is financed through worker payroll taxes contributed to the SSDI Trust Fund, one of the two trust funds established for Social Security. The other fund is the Old-Age and Survivors Insurance (OASI) Trust Fund. 
4/11/2014

4/9/2014

4/8/2014



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