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Medicare Part B costs have outpaced COLA for years
Data shows that Medicare Part B premiums have been rising faster than COLA for years, which is why many seniors are struggling to make ends meet. Mary Johnson, Social Security and Medicare policy analyst, her analysis shows that “From 2005 to 2024, Part B premiums increased on average by 5.5 percent per year, while COLAs averaged less than half that rate at just 2.6 percent.” Medora Lee reports on Medicare Part B premiums outpacing Social Security COLA and inflation. Read Ms. Lee’s article here…
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