Tag: Part B premium
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Choosing a Medicare option is one of the biggest decisions baby boomers make. Nearly half of U.S. retirees today have Medicare Advantage policies – that’s double the market share just 15 years ago. The reason for Advantage plans’ popularity is their low monthly premiums. But as enrollment surges, some of our blog readers who signed…
Medicare premiums depend on interaction with Social Security COLA. The Social Security Administration recently announced that, in 2017, beneficiaries will receive a cost-of-living adjustment of 0.3 percent. But about 70 percent of beneficiaries will not see any increase in their Social Security benefits because every dollar of the increase will go to pay for…
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