Social Security & Medicare

MORE ABOUT THE CHAINED CPI

Mar 14th, 2013 | By Sharon Shaw Elrod MSW EdD | Category: Social Security & Medicare

SCJ talked about the chained CPI last week in this column.  SeniorCitizenJournal.com explained the chained CPI in terms most of us seniors can understand. There is some more to think about in regard to this proposal to help address federal deficit issues.// We already said why the notion is bad for seniors: The federal deficit [...]



PROPOSED CPI CHANGE FOR SOCIAL SECURITY NOT WARRANTED

Feb 27th, 2013 | By Sharon Shaw Elrod MSW EdD | Category: Senior Moments Blog, Social Security & Medicare

Understanding the Chained-CPI Our elected representatives in Washington DC are looking at changing the consumer price index (CPI) because they can lower it by about 0.3 percentage points per year. Such a change will reduce Social Security benefits. A recent AARP post said a “…typical beneficiary –with an annual income of roughly $20,000–will lose over [...]



PRESIDENTIAL QUOTES ON SOCIAL SECURITY

Feb 15th, 2013 | By Sharon Shaw Elrod MSW EdD | Category: Social Security & Medicare

The Evolution of Social Security SeniorCitizenJournal.com editors did an interesting Internet search on Social Security recently, and found several noteworthy quotes from previous presidents. Here they are.// Dwight D Eisenhower: Should any political party attempt to abolish social security, unemployment insurance, and eliminate labor laws and farm programs, you would not hear of that party [...]



A LOOK AT MEDICARE BENEFITS

Feb 3rd, 2013 | By Sharon Shaw Elrod MSW EdD | Category: Social Security & Medicare

Medicare Benefits Explained The Medicare program is fairly easy to explain and understand, for the most part.  It is a federally funded health care program primarily for senior citizens and the disabled; other citizens in special categories also qualify for benefits.// We thought it might help SCJ readers if we explained some not-so-easy-to-understand parts of [...]



SOCIAL SECURITY AND THE BUDGET

Jan 26th, 2013 | By Sharon Shaw Elrod MSW EdD | Category: Social Security & Medicare

Social Security Does NOT Cause Budget Issues For those of you who are regular visitors on seniorcitizenjournal.com, this article will be no surprise to you.  We’ve been writing about Social Security and the federal deficit for a couple of years now.  Social Security does not create problems for the federal budget, and it does not [...]



UNDERSTANDING MEDICARE CARD CODES

Jan 17th, 2013 | By Sharon Shaw Elrod MSW EdD | Category: Social Security & Medicare

Those Weird Numbers on Your Medicare Card When seniors apply for their Medicare card, it is sent to them with their Social Security number as the identifier, plus a code. Most of us have an ‘A’ after our SSN.  Like this:  xxx-xx-xxxxA.  But some people have strange numbers and we were recently asked about it.  [...]



MEDICARE FRAUD ON THE UNSUSPECTING AND VULNERABLE

Dec 14th, 2012 | By Sharon Shaw Elrod MSW EdD | Category: Social Security & Medicare

Review Medicare Statements Carefully Every caregiver with responsibility for checking and paying bills for elderly loved ones has a responsibility to check for Medicare fraud. You might be thinking, “How in the world do I do that?”  This true story might help you determine what you can do.// Eight months ago, when an elderly loved [...]



WHEN SHOULD I START SOCIAL SECURITY BENEFITS?

Dec 4th, 2012 | By Sharon Shaw Elrod MSW EdD | Category: Social Security & Medicare

Calculate Your Benefits The question facing Baby Boomers after 62 or 66/67 years of age is “Should I start my Social Security benefits now or should I wait?” Sixty-two is still the minimum age for receiving Social Security benefits; the benefit is reduced if you begin to receive benefits before full retirement age.  Full retirement [...]



MEDICARE ANNUAL OPEN ENROLLMENT PERIOD

Nov 6th, 2012 | By Sharon Shaw Elrod MSW EdD | Category: Social Security & Medicare

Open Enrollment Period:  October 15-December 7 The Open Enrollment Period for Medicare is also known as the Medicare Annual Election Period (AEP). This three week period of time this year (2012) is when you can make changes in your Medicare coverage if you want.  The AEP applies to original Medicare, Medicare Advantage plans and Part [...]



CHANGES IN SOCIAL SECURITY FOR 2013

Oct 29th, 2012 | By Sharon Shaw Elrod MSW EdD | Category: Social Security & Medicare

What Changes Can Seniors Expect? It’s that time of year when we seniors need to learn about the changes to our Social Security benefits for next year. What are they, and when will they take effect?  Here is a summary of the changes, and a link to the Social Security website where there is a [...]