medicare.net is not the government website.
google medicare costs 2016
there is one article from the new york times and one from the wall street journal that sets the stage.
From: mailto:vpFREE@yahoogroups.com
Sent: Tuesday, October 20, 2015 12:25 PM
To: vpFREE@yahoogroups.com
Subject: [vpFREE] OT: Re: Medicare shocker coming 2016
Something in the water here in Marietta I should know about??
Tom, rather than post details of some spam email, why not look for an intelligent discussion on the subject (such as: Medicare hold harmless clause and COLA - Medicare.net https://medicare.net/medicare-hold-harmless-clause-and-cola/
https://medicare.net/medicare-hold-harmless-clause-and-cola/
Medicare hold harmless clause and COLA - Medicar... https://medicare.net/medicare-hold-harmless-clause-and-cola/ In 2016, the COLA is expected to be zero (see chart below). This won't impact the majority of Medicare beneficiaries who fall under the hold harmless rule.
View on medicare.net https://medicare.net/medicare-hold-harmless-clause-and-cola/
Preview by Yahoo
This website suggests that Part B premiums for the highest income group (currently $335.70) would increase next year to $509.80/mo.
I'm not saying that a near 50% increase ($174/mo) is easy to stomach, but it's unlikely to generate the concern of the $1000 monthly increase you cite.
---In vpFREE@yahoogroups.com, mariettatom wrote :
"hold harmless provision" of Medicare says that if cola payments do not go up for social security (like 2016), the Medicare rates cannot be increased for most medicare people. How are they going to pay for this. The provision says that the cost to cover all the base line medicare people will be paid for by the people on medicare that fall into the higher income categories.
How much are we talking? How about over $1,000 per month for the over $214,000 income category.
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Posted by: <videopoker@twcny.rr.com>
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