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The bill would put in place a plan to help protect American seniors from financial exploitation and fraud by providing support to regulators, financial institutions, and legal organizations aimed at educating their employees about how to identify and prevent financial exploitation of older Americans.
Sen. Susan Collins (R-ME) and Amy Klobuchar (D-MN) have introduced a bipartisan Senate Resolution declaring that the goal of preventing and effectively treating Alzheimer’s by 2025 is an “urgent national priority.” The resolution calls on the Senate to double the amount of funding the government spends on Alzheimer’s in fiscal year 2017 and develop a plan to meet the target of $2 billion per year in funding, as recommended by experts to meet the goal of preventing and effectively treating Alzheimer’s by 2025.
A blueprint to replace the Affordable Care Act (ACA) by senior Republican Sen. Lamar Alexander (TN) is inadequate and likely will lead to higher premiums and coverage gaps, according to a Center on Budget and Policy Priorities analysis.
Among the well-heeled lobbying organizations likely to rail against Republican lawmakers in the event they move too aggressively to repeal the law is the American Medical Association (AMA), the nation’s largest organization representing the interests of U.S. physicians.
A continuing resolution (HR 2028; public law number pending) to keep the government operational through April 28 is signed into law by the president on Dec. 10. The measure will maintain funding for federal programs at FY 2016 until a final omnibus appropriations measure can be finalized to fund the remainder of the current fiscal year.
With this week’s Senate’s passage of HR 34, the proposed 21st Century Cures Act, the legislation now moves to President Obama’s desk for his signature. Included in the legislation package is a provision known as the Special Needs Trust Fairness Act (Sec. 5007) which corrects an error in the law that presumes that all persons with disabilities lack the mental capacity to handle their own affairs.
Congress is poised to pass the proposed 21st Century Cures Act (HR 6) this week, which provides new funding for biomedical research, mental health research and treatment, and opioid abuse treatment. Unfortunately, the bill pays for these items by rescinding $3.5 billion in future funding from the Prevention and Public Health Fund (PPHF).
The Senate Aging Committee held a hearing focusing on the financial abuse of older Americans by guardians and others and concurrently released a new report by the Government Accountability Office on guardianship abuse.
The hearing highlighted the importance of individuals choosing the right time to begin receiving Social Security benefits, which can affect seniors’ retirement income by tens of thousands of dollars.
Reps. Linda Sanchez (D-CA), Mike Honda (D-CA), and Mark Pocan (D-WI) on Friday (Sept. 9) introduce the proposed Strengthening Social Security Act of 2016.
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