Millions fret Medicare hikes

If your Medicare premiums are withheld from your Social Security benefits and Social Security does not have a cost-of-living adjustment (COLA) for 2016 because of low inflation, you will continue to pay $104.90 per month for Part B. That’s because the “hold harmless” provision prohibits Social Security benefits from being reduced because of an increase in Medicare premiums. Medicare cost increases are generally covered by the Social Security COLA.


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