Navigation Links
The Senior Citizens League Warns Chained CPI Affects More Than COLAs, Seniors Would Get Less, Pay More
Date:8/19/2013

Alexandria, VA (PRWEB) August 19, 2013

Most seniors are aware of the impact of the consumer price index (CPI) on their cost-of-living adjustments (COLAs). But a widely-debated deficit reduction proposal that would switch to the more slowly-growing “chained” CPI to determine COLAs would have far greater impact than Social Security cuts alone if applied government-wide, warns The Seniors Citizens League (TSCL), one of the nation’s largest nonpartisan seniors groups.

President Obama included the proposal in his fiscal year 2014 budget plan, and it has won support among Congressional proponents on both sides of the aisle. “Chaining the COLA is getting so much attention because it’s a deficit cutter’s magic bullet,’” says Larry Hyland, Chairman of TSCL. The Congressional Budget Office has estimated that the proposal would cut federal spending by $216 billion and increase revenues by $123.7 billion— reducing the deficit by $339.8 billion in the first ten years alone.

In addition to Social Security, beneficiaries of the Supplemental Security Income program (SSI), military retirement and veterans programs, Rail Road Retirement, civil service and federal workers programs — more than 62.5 million beneficiaries in all— would bear the brunt of the cuts by receiving lower benefits. But in addition to the cut in income, the change would also increase seniors’ costs. Specifically:

  •     Some Medicare coverage would become less generous, such as more slowly-growing Part D coverage amounts.
  •     Fewer low-income seniors would qualify for Medicaid, or such seniors would have to wait longer to qualify. This could include nursing home stays as the income limits rise more slowly.
  •     Fewer low-income seniors would qualify for food stamps, and the food stamp benefit would grow more slowly.
  •   &
    '/>"/>

Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Page: 1 2 3

Related medicine news :

1. Depression, Anxiety Tied to Physical Disabilities in Seniors
2. Climate Change Could Be Tough on Seniors Health: Study
3. Seniors Stop Taking Heart Drugs In Medicare Donut Hole
4. Strength Training May Give Boost to Seniors Brains
5. Seniors Undertreated for Asthma, and Many Skip Inhalers: Study
6. Exercise Plus Computer Time May Boost Seniors Brains
7. Great recession reflux amounts to more hunger among seniors
8. Under pressure from Medicare, hospitals hold more seniors for observation
9. The Tennessee Car Accident Lawyers at Michael D. Ponce & Associates Alert Public of CDC Survey Revealing Majority of High School Seniors Admitting to Texting Behind Wheel
10. With Home Sales Lagging, The Lakes at Pointe West Offers Solution for Seniors
11. With Home Sales Lagging, Watersong Offers Solution for Seniors
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/10/2014)... CLEVELAND The U.S. Department of Health and Human ... Hospitals (UH) Case Medical Center Seidman Cancer Center totaling ... at improving care for patients with complex cancer. ... a unique model developed at UH to enhance care ... or demonstrated need for high health care utilization. ...
(Date:7/10/2014)... Up to 70% of Parkinson,s disease (PD) ... quality of life. Some patients have disturbed sleep/wake ... asleep, while other patients may be subject to ... extreme, PD patients may exhibit REM-sleep behavior disorder ... re-enactment, even before motor symptoms appear. A review ...
(Date:7/10/2014)... Katerina Alba,s research at the University of Huddersfield could ... most popular emulsion-based food products such as butter, ... starting to gain an international profile for her work. ... food science at the University and now she has ... her supervisor, Dr Vassilis Kontogiorgos, she is investigating the ...
(Date:7/10/2014)... 10, 2014) A research review identifying the clinical ... first step in the process of developing evidence-based guidelines ... new report published by Neurosurgery , ... Surgeons . The journal is published by Lippincott ... Wolters Kluwer Health . , Based on analysis ...
(Date:7/10/2014)... Spring Harbor, NY For decades, health-conscious people around ... rich in antioxidants, figuring this was one of the ... , Yet clinical trials of antioxidant supplements have ... hoping to reduce their cancer risk. Virtually all ... against cancer. In fact, in several trials antioxidant ...
Breaking Medicine News(10 mins):Health News:UH Case Medical Center awarded $4.7 million grant from HHS 2Health News:UH Case Medical Center awarded $4.7 million grant from HHS 3Health News:Sleep disturbances, common in Parkinson's disease, can be early indicator of disease onset 2Health News:World interest in research work on the benefits of the Okra plant 2Health News:What's a concussion? Review identifies four evidence-based indicators 2Health News:What's a concussion? Review identifies four evidence-based indicators 3Health News:How antioxidants can accelerate cancers, and why they don't protect against them 2
... and amoxicillin when it comes to treating ailments like ... effective. Doctors, who reviewed the treatment given to // ... the newer drugs is more effective than the traditional ... ,Pediatricians at the University of Rochester Medical Center found ...
... treatment by Andrew Lamerton, a vascular surgeon, until he ... lead to the patient being confined to a wheelchair. ... only aggravated Smith’s condition, and he would feel better ... County Hospital supported the doctor, as the National Institute ...
... A new research has revealed that happiness results ... The Psychological Bulletin of the American Psychological Association ... reinforcing positive emotions, which also motivates people to ... ,Dr. Sonja Lyubomirsky of the University ...
... awareness regarding beauty and body solutions, the demand for ... steadily over the recent years. The healthy competition amongst ... has not only resulted in improved outcomes but also ... was previously underdeveloped when compared to the other Indian ...
... during the course of the winter and fall months, from ... to overcome the seasonal affective disorder (SAD), and the people ... ,Those who suffer from SAD overeat, sleep a lot, and ... and develop an aversion to social interactions. The lesser sunlight ...
... anti-inflammatory drug Bextra, meant for those who suffer from arthritis. ... cardiovascular risks, including the possibility of // triggering strokes and ... ,The drug is also known to cause severe skin ... earlier withdrawn the drug which belongs to the cox-2 inhibitors ...
Cached Medicine News:Health News:Penicillin To Pave Way For New Antibiotics 2Health News:Happiness Plays An Important Role In Success 2Health News:New Plastic Surgery Unit Set Up In Kolkata To Meet Ever-Increasing Consumer Demand 2
(Date:1/15/2014)... , Jan. 15, 2014 As health officials across the ... select Meijer pharmacies in Michigan will ... eligible patients, enabling Meijer pharmacists to administer tests and, in ... by a physician participating in the study. The ...
(Date:1/15/2014)... N.J. , Jan. 15, 2014  Celsion Corporation (the "Company") ... has received commitments from institutional investors to purchase an ... stock in an at-the-market registered direct offering, led by ... entered into definitive purchase agreements with these investors pursuant ...
(Date:1/15/2014)... 15, 2014  Humberto C. Antunes,  Galderma  worldwide CEO, will ... Journal of Drugs in Dermatology (JDD) at ... The event is January 17-20, 2014, at the Omni Orlando Resort ... The ODAC is a distinguished event that ...
Breaking Medicine Technology:Meijer Pharmacy Offers Free Flu, Strep Testing as Influenza Cases Rise Across the Midwest 2Meijer Pharmacy Offers Free Flu, Strep Testing as Influenza Cases Rise Across the Midwest 3Celsion Corporation Announces $15 Million At-The-Market Registered Direct Offering 2Celsion Corporation Announces $15 Million At-The-Market Registered Direct Offering 3Galderma's global leader honored with a "Lifetime in Dermatology Achievement Award" by Journal of Drugs in Dermatology 2Galderma's global leader honored with a "Lifetime in Dermatology Achievement Award" by Journal of Drugs in Dermatology 3Galderma's global leader honored with a "Lifetime in Dermatology Achievement Award" by Journal of Drugs in Dermatology 4
... 1 Allen Medical Systems, a Hill-Rom company, (NYSE: ... Spotlight Series showcasing interviews with top orthopaedic surgeons. Carlos ... Institute, is the featured surgeon and is recognized for ... Intraoperative Arm Positioner for elbow fractures, scopes and clavicle ...
... Therapeutics, Inc. (OTC Bulletin Board: ECTE), a ... as a non-invasive, wireless, transdermal continuous glucose monitoring (tCGM) ... delivery, announced today that Patrick T. Mooney, M.D., Chairman ... Annual JMP Securities Healthcare Conference on Tuesday, October 6, ...
Cached Medicine Technology:Allen Medical Systems Announces Surgeon Spotlight Series Interview 2Allen Medical Systems Announces Surgeon Spotlight Series Interview 3Echo Therapeutics to Present at 4th Annual JMP Securities Healthcare Conference 2
... order products are offered as 1-piece or ... The modular instruments may be customized with ... as ratchets, insulation and flush ports. Many ... Customer specifications may affect delivery times. ...
... Featured Products are kept ... and are offered as ... regular or extra long ... with insulation, flush ports, ...
... AEM Laparoscopic Instruments incorporate a layered design ... shielded and monitored to prevent stray electrosurgical ... caused by insulation failure or capacitive coupling; ... shield built into all AEM Instruments provides ...
... incorporate a layered design unique in the ... to prevent stray electrosurgical burns along the ... failure or capacitive coupling; a well-documented patient ... all AEM Instruments provides a neutral return ...
Medicine Products: