Medicare Premium Increase: Ten Dollars and Thirty Cents of Your COLA Will Be Offset by Higher Part B Costs
The upcoming year will see a noticeable shift in Medicare beneficiaries’ healthcare costs, as a $10.30 increase in the standard Medicare Part B premium is set to offset the COLA (Cost of Living Adjustment) increase that beneficiaries typically receive. Despite a projected 4.9% COLA boost, many enrollees will notice their net benefits diminish due to...
