Legislation
Latest News
Washington, DC (November 12, 2024) – RetireSafe issued the following statement regarding the election of Donald Trump as the next President of the United States of America.
“We extend our congratulations to the newly-elected President of the United States, Donald Trump. Moving forward, RetireSafe is eager to work with his Administration to promote healthcare policies that will protect America’s aging population. Although we have reached the end of a tough election season, the real work lies ahead as we pursue a pro-patient agenda that will better the lives of our nation’s seniors. This includes protecting and strengthening Medicare and addressing policies that disrupt and worsen seniors’ access to high-quality healthcare.
RetireSafe urges President-elect Trump to work alongside the new Congress to enact legislation that ensures access to essential medications. Seniors, many of whom are on fixed incomes and require multiple medications to treat various conditions, need leaders who will champion their healthcare needs and concerns. This includes protecting and preserving Social Security and Medicare, which allow them to access their much-needed medications.”
Current Bills
H.R.8717 – You Earned It, You Keep It Act
This bill aims to eliminate federal taxes on Social Security benefits starting in 2025, increasing retirees’ disposable income. It is funded by raising the Social Security payroll tax cap for higher earners, which will extend the program’s solvency and significantly reduce federal debt.
H.R.7142/S.3832: Alternatives to PAIN Act
This bill aims to increase access to non-opioid pain management treatments for seniors by reducing costs and removing barriers like step therapy and prior authorization under Medicare Part D.
H.R.542: Elizabeth Dole Home Care Act
This bill aims to improve and expand the VA Home and Community-Based Services program, increasing funding caps for noninstitutional care and enhancing support for caregivers to ensure more veterans can receive care at home rather than in institutional settings.
S.127: Pharmacy Benefit Manager Transparency Act
This bill seeks to enhance transparency and accountability in the practices of pharmacy benefit managers (PBMs) by prohibiting deceptive pricing schemes, requiring detailed reporting of their transactions, and granting the Federal Trade Commission (FTC) authority to enforce these regulations.
S.3974: Boosting Benefits and COLAs for Seniors Act
This bill aims to increase Social Security benefits for seniors by changing the cost-of-living adjustment (COLA) calculation to better reflect the actual expenses of older adults, especially healthcare costs, using the Consumer Price Index for the Elderly (CPI-E).
H.R.8702/S.4518: Improving Seniors’ Timely Access to Care Act
This bill aims to streamline the prior authorization process under Medicare Advantage plans by requiring electronic systems that provide timely, transparent decisions, thus ensuring seniors receive necessary care without unnecessary delays.
H.R.8574: 340B Affording Care for Communities and Ensuring a Strong Safety-Net Act
(340B ACCESS Act)
This bill aims to ensure the 340B program effectively supports underserved communities by improving access to affordable medications and healthcare services, and by making practical changes to enhance the program’s efficiency and transparency.
H.R.2377/S.1000: Saving Access to Laboratory Services Act (SALSA)
This bill seeks to ensure sustainable Medicare reimbursement rates for clinical laboratory services by using statistically valid data sampling from various types of laboratories, aiming to protect patient access to testing and support innovation in laboratory diagnostics.