Navigation Links
AARP Says 'No Way' to No Social Security COLA in 2010
Date:10/1/2009

Urges Congress to Pass Relief Legislation for Older Americans - Would benefit Nearly 250,000 Idahoans

BOISE, Idaho, Oct. 1 /PRNewswire-USNewswire/ -- In the midst of dwindling retirement savings and soaring health care costs, older Idahoans are bracing from more bad news that could spell disaster for many - no Social Security cost of living adjustment (COLA) in 2010. Today, AARP announced it will urge Congress to immediately pass legislation to provide relief to the over 50 million Social Security beneficiaries across the nation, including nearly 250,000 Idaho residents.

"While prescription drug prices continue to see record increases of 8% and insurance premiums are expected to double in the next few years, the lack of a Social Security COLA will hit many older Idahoans hard," said Jim Wordelman, AARP Idaho State Director. "We urge Congress to act on this issue immediately and provide older Americans the relief they need."

The relief would come in the form of a one-time $250 payment to all Social Security beneficiaries, providing many people the additional money they need to get by in the harsh economic climate. With older people spending roughly 30% of their income on health care costs which continue to skyrocket past the rate of inflation - consuming a larger share of income each year - the money couldn't come at a better time for many people.

While 100% of older Idahoans receive Social Security, without it, nearly half would fall below the poverty level. For six in ten residents age 65 and older, the program makes up at least half of their income, 25% rely on it as their only source of income. One in six Idaho residents receives Social Security.

SOURCE AARP Idaho


'/>"/>
SOURCE AARP Idaho
Copyright©2009 PR Newswire.
All rights reserved

Page: 1

Related medicine news :

1. Largest Survey of Its Kind Finds the Psychological and Social Effects of Psoriasis Greater for Women
2. Lack of Social Interaction Affects Health Outcomes of Breast Cancer --Stress from loneliness leads to increased tumor growth, Decrease breast cancer risk by increasing social interaction
3. Social Isolation Adversely Affects Breast Cancer
4. Lack of social interaction affects health outcomes of breast cancer
5. Social isolation worsens cancer
6. Social Status as a Teen Predicts Health as an Adult
7. Dental Website Marketing Firm, Officite, Launches Social Networking Program
8. Social background weighs heavily on teenage diet
9. Use of statins favors the wealthy, creating new social disparities in cholesterol
10. Unique Webisode Series, The O Mission, Helps Normalize Sexual Health Conversations for Young Adults as Social Networking Changes the Dating Scene
11. Social Security Advisory Board Warns of Consequences of Unsustainable Growth in The Cost of Health Care
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/5/2016)... ... May 05, 2016 , ... United Collection Bureau, Inc. (UCB) announces Sarah ... than 15 years of experience within the healthcare revenue cycle industry. With a primary ... Director of Patient Financial Services at Spectrum Health. While at Spectrum Health, Clark helped ...
(Date:5/5/2016)... ... ... Lung Institute will celebrate its three-year anniversary on May 14 by giving away ... month of May. To date, the Lung Institute has treated over 2,000 people at their ... testament to the success of this treatment and to the patients who refuse to give ...
(Date:5/5/2016)... ... May 05, 2016 , ... ... finalists and winners Tuesday evening, May 3, at the 2016 ISE® Central Executive ... Scott Pettigrew, Vice President and Chief Security Officer of HMS, was selected as ...
(Date:5/5/2016)... ... ... May flowers, summer is just around the corner. Summer means a lot of different things ... ability to play all day and night. Parents often lament the coming of summer as ... Summer also means trips to the beach, backyard cookouts, fireworks on the Fourth of July, ...
(Date:5/5/2016)... ... 05, 2016 , ... ACLS Certification Institute, a leading provider ... program, giving participants incentive for spreading the word about the Institute’s certification and ... professionals share resources with their friends and colleagues,” said Vonda Andrews, ACLS Certification ...
Breaking Medicine News(10 mins):
(Date:5/5/2016)... 2016  Diagnostic imaging has been on the ... that these tests cause health care costs to spike. However, ... well as the adoption of new guidelines are ... that help health care providers cut costs, while helping patients ... a renowned authorized reseller of the medical industry,s ...
(Date:5/5/2016)... Research and Markets has announced the addition of the  "Market ... to their offering.  ,     (Logo: http://photos.prnewswire.com/prnh/20160330/349511LOGO ) , ... Emission Tomography (PET) scanner and cyclotron install base in the ... France , Germany , ... United Kingdom . Along with the current ...
(Date:5/5/2016)... DUBLIN , May 5, 2016 ... Markets has announced the addition of the  ... Highlights - 2016"  report to their ... http://photos.prnewswire.com/prnh/20160330/349511LOGO ) , ,The latest ... Landscape Highlights - 2016, provides comprehensive ...
Breaking Medicine Technology: