New Medicare Advantage Rates Preserve Insurance Industry Subsidies...Again and more...

New Medicare Advantage Rates Preserve Insurance Industry Subsidies...Again

For the second year in a row, America’s massive health insurance industry lobby launched a Washington lobbying and advertising blitz hoping to scare seniors into believing they’ll lose their Medicare and politicians will lose their seats if the industry’s government overpayments aren’t protected.  Mission accomplished. Rather than trimming rates, the Obama administration raised them: “Private Medicare plans would see a 0.4 percent boost in their payment rates for 2015 under a final rate announcement made by Centers for Medicare and Medicaid Services officials Monday. Officials with Medicare said the better-than-expected news for insurers came about in part as a result of healthier enrollees signed up for both Medicare Advantage and traditional fee-for-service plans, which means less of a cost burden on the health insurance system for the aged.” Congressional Quarterly When CMS says “in part” what they aren’t mentioning is the part where the adm ...

     

 

 

Boosting Social Security Benefits

By Max Richtman, NCPSSM President/CEO Momentum continues to build inside and outside the halls of Congress to reverse course on the single-minded quest to cut Social Security benefits which has dominated our political discourse for years.  Not surprisingly, commentators who bought into the billion dollar Wall Street campaign to convince America we can’t afford a strong Social Security system are distressed at this turn of events.  Apocalyptic screeds with headlines like “Increasing Social Security Benefits Would Wreck Retirement Security” portray efforts to boost these earned benefits as partisan pandering. They conveniently ignore the fact that legislation increasing benefits would also extend Social Security’s long-term solvency by decades. The American people have never bought into the false choice that the only way to “save Social Security” is to slash benefits. Congress now has the opportunity to plot a course that addresses our looming retirement crisis whi ...

     

 

 

How About Giving the Truth about Social Security "Equal Time"

Attempts to reignite the intergenerational warfare campaign against Social Security --  led by the billion dollar austerity lobby -- seem to have hit a new high.  Alternet highlights just a few of the recent instances: A string of recent examples—rants [3] from MSNBC’s wealthy young commentator, a notorious elderly-attacking [4] House candidate, think tanks promoted [5] on NPR—generational warfare cheerleaders are proclaiming that America is heading toward an epic and immoral conflict as better-off seniors are robbing millennials of shrinking federal dollars because retirement programs cost too much. That’s simply false, as Social Security is solvent [6] through 2033, and spending on all mandatory programs as a percentage of GDP is close to [7] where it’s been since 1975, at 21 percent.  This line of attack isn’t in a political vacuum. It comes as some Democrats are reframing [8] the debate on Social Security and campaigning [9] for increased benefit ...

     

 

 

Boost Social Security NOW

Three decades of stagnant middle-class incomes, disappearing pensions, limited ability to start and maintain personal savings, and the failure of the 401K experiment lay the foundation for a retirement crisis that could further threaten millions of older Americans and their families. It’s time to Boost Social Security Now to preserve a secure retirement. Find out more about our Boost Social Security Now campaign. 

     

 

 

“Know Your Rights” Informs LGBT Community of Their Social Security Eligibility

For the first time in its long history, the Social Security Administration is providing benefits to same sex married couples, thanks to the Supreme Court’s June 2013 Windsor ruling in the Defense of Marriage Act.  This is a significant development with important financial implications for millions of elder lesbian, gay, bisexual, and transgender Americans, same sex spouses, widows, and children of LGBT parents. Launched in Fall 2013 in the San Francisco Bay area, “Know Your Rights” is a national education campaign for LGBT Americans impacted by the Windsor decision. The Foundation of the National Committee to Preserve Social Security and Medicare events are funded in part by the Archstone Foundation to help support a series of “Know Your Rights” town halls in Los Angeles March 18-20. The town halls will include panel discussions with the Social Security Administration, legal experts, and seniors’ and LGBT advocates.  Community partners include the LA Gay an ...

     

 

 

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