Tag Archives: COLA

2013 Medicare premium increase will cut into COLA for Seniors

The anticipated 2013 1.7% cost-of-living adjustment (COLA) for Social Security recipients will likely be wiped out by an expected 7-9% in Medicare part B premiums next year. Private analysts expect the $99.90 part B premium for incomes up to $85,000 to rise by as much as $9 while the government’s projection anticipate a $7 per… Read More »

Medicare Premium Increase Means Trouble for Seniors, States and Workers

A large portion of Medicare recipients and individual States should ready themselves for what should not be all that shocking: Obamacare didn’t bend the cost curve down – at all. Medicare premiums for 2012 are set to rise to $113.80 per month, an almost 20% increase over the $94.60 2011 premiums,  which will hit fixed-income… Read More »