Medicare Part B Premiums Rise in 2016

According to a preliminary Medicare Trustee report, Part B premiums could rise 52% next year.

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The huge rate hike is predicted because of a confluence of two factors: Medicare Part B costs increased more than expected last year, and Social Security is not expected to have a cost of living increase next year. By law, the cost of higher Medicare Part B premiums can’t be passed on to most Medicare beneficiaries when they don’t get a Social Security raise.

[url=http://ift.tt/1CXfDPh News, Bad News In Medicare Trustees Report

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