IRMAA

What to know about managing Medicare Part B premiums

In October, the Social Security Administration announced the 2024 cost-of-living adjustment (COLA) of 3.2 percent, with the average Social Security benefit going up $50. Later, the Centers for Medicare & Medicaid Services (CMS) released the 2024 monthly Part B premium…

Dealing With Hypocrisy: A Rebuttal to Complaints About Medicare Premiums and WEP/GPO

Creators Syndicates’ Tom Margenau, in a post on Tucson.com, uses his extensive experience as a Social Security Administration official to address two fundamental (and frequently recurring) complaints voiced by program beneficiaries questioning rulers that, in their opinion, are unjust. Margenau…

Health Insurance Costs and the Social Security COLA…Some Thoughts

In a post on kernvalleysun.com, licensed insurance broker Harry P. Thal, MA offers commentary on how Social Security’s annual cost-of-living adjustment (COLA) is calculated and the relationship between this COLA and the premium payments beneficiaries need to absord for Medicare coverage. His remarks also…

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