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Big Price Hikes Coming for Medicare Premiums in 2016
By - Martha Lynn Craver, www.kiplinger.com)
Retirees, adjust your budget: Double-digit price hikes for Medicare Part B premiums are coming next year. The actual rates
for Part B (which covers the costs of doctor visits and outpatient care) will be announced in October and take effect Jan. 1. The boost may be 15% for all participants or a whopping 52% for some, depending on whether Social Security recipients see a cost-of-living raise for 2016. Read more…
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