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Americans want Medicare to help negotiate down drug prices: poll
(By – Kylie Gumpert, news.yahoo.com) A vast majority of Americans say the Medicare health program for the elderly should be able to negotiate with drug companies to set lower medication prices, a practice currently prohibited by law, according to a survey released…
3 Numbers to Know About Social Security and Retirement
(By – Brett Tushingham) What if someone told you that you could have a guaranteed income stream with inflation protection to help meet your retirement needs? You’d probably be interested. Guess what? You already have this — it’s called Social Security. For…
What You Should Know About Social Security if You’re Divorced
(Source – www.northwesternmutual.com) When it comes to Social Security, there are lots of strategies you can use to maximize your monthly benefits. If you’re divorced, however, you might be surprised to know that there are a few strategies designed specifically for…
Misunderstood Facts about Social Security
(By – Nathan Blank, rapacki.com) Throughout 2014, the government will pay almost $863 billion of Social Security benefits to over 59 million Americans. According to the Social Security website (SSA.gov), “Among elderly beneficiaries, 52% of married couples and 74% of unmarried…
How traditional retirement formulas fall short
How you’re being misled by retirement-saving advice By – PAUL A. MERRIMAN, MarketWatch As baby boomers approach and reach retirement age, there’s a lot of anxiety regarding whether or not they will have enough financial resources. Many somewhat simplistic formulas have…
Here’s Why the Recent Proposals to Fix Social Security Disability Won’t Solve the Shortfall
(By – Romina Boccia, The Daily Signal) The House Committee on Ways and Means held a hearing last week on “Promoting Opportunity for Disability Insurance Beneficiaries” to discuss, among other measures, a benefit-offset policy for Social Security disability payments. A benefit-offset policy is…
Medicare moves in the right direction by linking reimbursements to outcomes
(Source – www.buffalonews.com) The future of medicine is in compensation by outcome, not by procedure and, last week, the future came knocking on Medicare’s door. Using authority provided by the Affordable Care Act, the Obama administration says it will issue rules…
Time to raise Social Security benefits: highlights of Retired Americans Conference
(By – SCOTT MARSHALL, peoplesworld.org) The 2015 Alliance for Retired Americans Legislative Conference took place July 7 thru 10. The week began with great speakers and informative workshops for senior and labor activists. Read more… Notice: The “Read more…” link provided…
Social Security technicalities can be costly
(By – Patrick Peason, www.dailyprogress.com) Social Security might very well be the largest asset on your retirement balance sheet, so it is critical to know and understand as much as possible about this program and how to maximize its value. Most retirees…
Klobuchar, Vitter bill to ensure Medicare beneficiaries have access to speech-generating devices passes House…
(Source – www.klobuchar.senate.gov) U.S. Senators Amy Klobuchar (D-MN) and David Vitter (R-LA) announced that their bill to ensure Medicare beneficiaries have access to speech-generating devices (SGDs) has passed the House. The bill previously passed the Senate, so it now heads to…