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Tag: "premiums"

2013 Medicare premium increase will cut into COLA for Seniors

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 […]