For 2022, the annual Cost of Living Adjustment (COLA) for Social Security benefits is expected to reach its highest level since 1983!
This yearly change affects Medicare Part B premiums and the overall buying power of seniors and other Social Security beneficiaries by directly impacting how much money ends up in their pockets each month. ⟶
Today, the Centers for Medicare & Medicaid Services (CMS) announced the 2016 premiums and deductibles for the Medicare inpatient hospital (Part A) and physician and outpatient hospital services (Part B) programs. Read More