Latest News
These Social Security and Medicare Changes Offer a Measure of Relief for Seniors
As noted in an earlier post, the reacceleration of inflation and its impact on 2025 COLAs is likely to further constrain seniors’ purchasing power, but here’s a bit of good news that could soften that for some. An article posted yesterday by WKYC’s Monica Robins describes how Medicare Part B out-of-pocket limits will help with drug expenses, and explains the impact of limits on insulin costs offer additional relief for some.
Robins’ post also assures current Social Security beneficiaries that the trust fund depletion problem remains a few years away–still a problem, just not for 2025. Regarding Social Security Administration field office access, she also notes the new emphasis on appointments rather than drop-ins and the push to use online services for routine matters.
Check the article out in full here. Although the title references Northeast Ohio, the changes she notes apply to all.
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.
