Will Medicare Part B premiums wipe out COLA - USA Today
After the government released the inflation rate for April, Social Security analysts began to estimate the cost-of-living-adjustment (COLA) for 2025. As you may know, the Social Security Administration bases its COLA each year on average annual increases in CPI-W from July through September; however, the experts have estimated a 3.2 percent COLA for 2025 based on the latest inflation numbers. Medora Lee reports on how the 2025 Medicare Part B premium may wipe out Social Security’s 2025 COLA increase. Read Ms. Lee’s article here…
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