Some federal retirees could face extra-large jump in Medicare premiums

(By – Eric Yoder, www.washingtonpost.com)

Hundreds of thousands of federal retirees could pay higher Medicare premiums in 2016 than most other enrollees will pay due to a combination of low inflation and a quirk in the law. Most of those retired under the Civil Service Retirement System are excluded from a “hold harmless” provision that keeps an individual’s Medicare Part B premium steady if his or her Social Security benefit does not rise enough to cover the increase in those premiums. Read more…

 

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