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Rising Medicare Part D premiums come as retirees receive a much smaller Social Security cost-of-living adjustment in 2024 — 3.2% compared to the 8.7% increase in benefits they received in 2023.
But projected increases in healthcare spending will push the 2024 Part B premium higher. The Medicare changes were announced on the same day that the Social Security Administration said the 2024 ...
In its annual report released in March, the Medicare Trustees forecasted a monthly Part B premium hike of roughly $10.30, from $174.70 in 2024 to $185 in 2025. An increase in the Part B premium ...
Medicare enrollees will shell out about $10 more next year for their monthly Part B premiums, the Centers for Medicare and Medicaid Services announced Thursday.
People receiving Social Security benefits will receive a cost-of-living adjustment (COLA) increase of 3.2% in 2024 — or about $55 per month on average — due to cooling inflation.
In an annual report released earlier this year, the Medicare Trustees forecast that monthly Part B premiums will increase from $164.90 in 2023 to $174.80 in 2024.
With inflation easing, the next annual social security increase is markedly smaller than the 8.7% boost in 2023. WASHINGTON (AP) — Millions of Social Security recipients will get a 3.2% increase ...
The Social Security Administration (SSA) announced on Oct. 12 that the Social Security cost-of-living adjustment (COLA) will be 3.2% in 2024 — a much smaller figure than last year’s 8.7% COLA ...