Medicare Part B Increase Threatens Seniors' Standard of Living

Social Security recipients face a significant blow as the Medicare Part B premium surges by nearly ten percent, outpacing the two point eight percent cost-of-living adjustment. This increase, the second largest in history, could leave many seniors with a reduced standard of living, as they may not see the full benefit of their Social Security raise. The hold-harmless provision may protect some, but other costs, such as increased Medicare Advantage or Part D premiums and the rising annual deductible, could still strain their finances.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.