Resources
Resources
Raising the Medicare eligibility age to 67 would cost Massachusetts $298 million in the first full year of implementation, including $160 million to individuals, $114 million to Massachusetts businesses, and $24 million to the Massachusetts State Government. Such a change would increase premiums in the healthcare exchanges for those under 65, increase the average out-of- pocket costs for those 65-66 and increase Medicare premiums for those 67 and above. Overall, it could cost a Massachusetts resident nearly $7,578 over their lifetime.
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Raising the Medicare eligibility age to 67 could cost Latinos in the United States more than $2.4 billion in the first full year of implementation. Such a change would increase premiums in the healthcare exchanges for those under 64, increase the average out-of-pocket costs for those 66-67 and increase Medicare premiums for those 67 and above. Overall, it could cost the average Latino nearly $6,000 over their lifetime.
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Since 1935, Social Security has provided a vital safety net for millions for American who cannot work because of age or disability. The LSR coalition is being formed to oppose any cuts to benefits or increase in the retirement age.
Labor Council for Latin American Advancement (LCLAA)
This report brings to the light how Latinos are faring in the workplaces and communities. Totaling close to 50 million, Latinos are an economic and political force to be reckoned with at all levels.
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LSR coalition member The American G.I. Forum, Senators Mark Begich and Jon Tester, and eight other veterans' organizations released a report on the importance of Social Security for our veterans and military families.
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Some Washington politicians are prepared to permanently cut the Social Security COLA (Cost of Living Adjustment) as part of the debt ceiling negotiations. This proposed cut is a threat to the financial security of every American who relies, or will rely, on Social Security.
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Quiz: How much do you know about the proposal to use the chained CPI-U to measure the Social Security COLA? Learn more by reading our short Q&A.
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