Saturday, February 16, 2013

SS# & MEDICARE RX. DRUGS




Alliance Endorses Deutch Plan to Make Social Security Solvent in the Long-Term
On Wednesday, the Alliance sent a letter to Rep. Ted Deutch (D-FL), endorsing the “Protecting and Preserving Social Security Act” that he introduced along with Sen. Mark Begich (D-AK). The legislation ensures long-term solvency for Social Security by gradually lifting the cap on wages for high income earners. At the same time, the plan enhances benefits by applying a more accurate cost-of-living adjustment, guaranteeing that seniors’ benefits keep up with their daily needs. To see the letter, go to http://tinyurl.com/al9auet.
 
Medicare Prescription Drugs Costs are down due to the Affordable Care Act
Health care reform is paying off for seniors. According to a recent report issued by the Obama administration, the Affordable Care Act has saved 6.1 million people, largely seniors and people with disabilities, more than $5.7 billion in prescription drug costs. The law achieved this feat by starting to close the “doughnut hole” in the Medicare Part D prescription drug benefit, which had forced many Medicare beneficiaries to pay all the costs of their prescriptions. Health care reform has helped with prescription expenses since 2010, and will close the “doughnut hole” entirely by 2020. To read the Huffington Post article on the report, go to http://tinyurl.com/bhv5a2v. “This is a clear illustration of the benefits that health care reform has provided to seniors,” said Ruben Burks, Secretary-Treasurer of the Alliance. “Given the rate at which prescription drug costs are rising, many seniors would not be able to pay for them without the Affordable Care Act.”
"Democracy...is two wolves and a lamb voting on what to have for lunch"!
Liberty...is a well-armed lamb contesting the vote.
Fiat Lux


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