Medicare Releases Official 2016 Part B Premiums

After months of speculation, Medicare’s standard Part B premiums for 2016 have been officially announced. About 70 percent of beneficiaries will continue to pay the same amount that has been charged for the past three years: $104.90 a month. Others will pay $121.80 a month, or more for higher-income beneficiaries who already pay higher premiums. As previously reported, the double standard arises from a quirk in the law that occurs only when there is no Social Security cost of living …

Sin aumento de COLA, el Congreso debería aprobar ‘Medicare Fix’

En inglés |  AARP envió la siguiente carta al Congreso el 14 de octubre. AARP se muestra preocupada ya que por tercera vez en 40 años, no habrá un ajuste por costo de vida para los beneficios del Seguro Social en el 2016. Para empeorar la situación, debido a eso, el 30% de los beneficiarios de Medicare enfrentarán un aumento drástico en su prima mensual de Medicare Parte B y todos los beneficiarios de Medicare tendrán un aumento en el …

With No COLA Increase, Congress Should Pass Medicare Fix

AARP sent the following letter to Congress on Oct. 14. AARP has deep concern that for only the third time in over 40 years, there will be no Social Security cost-of-living adjustment for 2016. To make matters worse, as a result, 30 percent of Medicare beneficiaries will see their monthly Medicare Part B premium dramatically increase, and all Medicare beneficiaries will experience an increase in their Part B deductible. Congress should protect the 16.5 million Medicare beneficiaries — which includes new …

No 2016 Social Security Benefits Increase; Medicare Premium Spikes for Some

It’s official: Not only will almost 65 million Social Security recipients not get a cost-of-living increase next year,  millions of Medicare beneficiaries will see their premiums for doctor visits and outpatient care go up by more than 50 percent unless the government intervenes. The Oct. 15 announcement by the Social Security Administration confirmed projections in the Social Security and Medicare trustees reports released in July: For the third time since 2010, there will be no bump in checks because falling energy …

¿Se efectuará el ajuste por costo de vida en los beneficios del Seguro Social en el 2016?

In English | Casi 60 millones de beneficiarios del Seguro Social probablemente no reciban un ajuste por costo de vida el año que viene, según los pronósticos publicados en los informes del 2015 de los administradores del Seguro Social y Medicare. Esta sería la tercera vez desde 1975, cuando entraron en vigor los aumentos automáticos, que los beneficiarios del Seguro Social prescindirían del COLA (ajuste por costo de vida). El COLA este año fue de un 1.7%, aumentando, a partir …

2016 Social Security COLA? Don’t Bet on It

En español |  Nearly 60 million Social Security recipients will probably not get a cost-of-living increase next year, according to projections in the 2015 Social Security and Medicare trustees reports. This would be the third time Social Security beneficiaries have gone without a cost-of-living adjustment (COLA) since 1975, when automatic raises were put into place. The COLA this year was 1.7 percent, making the average monthly check for retired workers $1,334 as of May. Increases in benefits are tied to …