Alaska House Considers Bill to Legalize Subscription-Based Access to Medical Providers

Juneau, Alaska – The Alaska House of Representatives is set to vote on a bill that could legalize subscription-based access to medical providers, a move that has sparked intense debate among lawmakers and stakeholders in the healthcare industry. Direct health care agreements, which allow patients to pay a monthly subscription fee for specified medical care, are seen as a potential alternative to traditional health insurance. Supporters argue that these agreements could improve access to care …

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Senate Bill Protects Social Security and VA Benefits for Foster Kids in Missouri

Jefferson City, Missouri – The Missouri Senate passed a bill aimed at safeguarding the social security and VA benefits of foster children. This legislative move comes amidst growing public attention on the issue, highlighting a significant step toward protecting vulnerable youth in the state. The bill, once signed into law, will prevent the children’s division of the Social Services Department from diverting the funds allocated for the care of foster children towards other expenses. Exceptions …

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Healthcare Private Equity Deals Under Fire by Sen. Markey’s Proposed Bill

Boston, Massachusetts – Senator Ed Markey has proposed a bill aimed at blocking private equity deals within the healthcare industry. This move comes amidst growing concerns about the impact of such deals on patient care and access to services. Markey’s bill seeks to prevent private equity firms from taking over healthcare facilities, citing worries about profit-driven motives potentially jeopardizing the quality of care provided. The legislation introduced by Senator Markey is part of a broader …

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Tax Hikes Loom for Mississippi Municipalities as Retirement System Funding Bill Fizzles

JACKSON, Miss. – City and county governments in Mississippi are facing a tough decision after a bill that would have decreased the employer contribution to the state retirement system for government workers failed to pass. Supporters of the proposal warn that without this change, local governments may have to resort to raising taxes or cutting employees to make up for the increased costs. House bill 1590, which did not move forward in the Senate committee …

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Social Security Taxes: How to Minimize Your Tax Bill on Benefits

Decatur, Illinois – Retirement planning can be a daunting task for many individuals, especially when it comes to understanding how Social Security benefits can be subject to income taxes. Many pre-retirees are taken aback by the realization that a significant portion of their Social Security income may be taxed, a departure from the experiences of previous generations. With approximately 48% of Social Security recipients already paying federal income taxes on their benefits, this number is …

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Retirees’ 25% Pension Secure with $5.2 Million Fast-Tracked Bill in CNMI Legislature

Saipan, Northern Mariana Islands – The House of Representatives in the Northern Mariana Islands moved swiftly on Thursday to pass a bill allocating $5.2 million from the Commonwealth Economic Development Authority to cover 25% of government retirees’ pensions. The legislation, known as House Bill 23-104, House Draft 1, received unanimous support from the 14 House members present, with plans for it to be taken up by the Senate. Representative Blas Jonathan T. Attao introduced the …

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**Tax-Free Social Security Benefits Bill Proposed in New Legislation**

Washington, D.C. – A newly proposed bill is aiming to provide relief to retirees by making Social Security benefits tax-free. The bill, known as the Tax-Free Benefits Act, seeks to ease the financial burden on seniors who rely on these benefits as a primary source of income. Lawmakers behind the bill argue that taxing Social Security benefits puts an unfair strain on retirees who are already living on fixed incomes. By exempting these benefits from …

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Income Tax on Social Security Benefits in West Virginia Phased Out Over Three Years by New Bill

Charleston, West Virginia – Governor Jim Justice has signed House Bill 4880, which will phase out the state income tax on Social Security benefits over the next three years. This move comes as a relief to many retirees and seniors in West Virginia who have been burdened by this tax on their retirement income. The bill will eliminate the state income tax on Social Security benefits for single filers earning more than $50,000 and couples …

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Seniors May Experience Mixed Benefit Increases With New Social Security Bill, Advocates Weigh In

Harrisburg, Pennsylvania – Lawmakers have proposed new legislation aimed at adjusting Social Security benefits for Americans aged 62 and older. The Boosting Benefits and COLAs for Seniors Act, introduced by Sen. Bob Casey, D-Pa., seeks to base benefit adjustments on the Consumer Price Index for Elderly Americans (CPI-E) rather than the current Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). This change is intended to better reflect the financial challenges faced by …

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Children’s Social Security Benefits Protected by Missouri Senate Bill

JEFFERSON CITY, Mo. – The Missouri Senate has taken a significant step towards safeguarding children’s Social Security benefits with a recent bill introduced by Sen. Holly Thompson Rehder, R-Scott City. This legislation aims to ensure that children who have lost parents or whose parents are disabled continue to receive the necessary financial support as they transition into adulthood. Rehder emphasized that the bill is particularly important for foster children who are already facing numerous challenges. …

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