Medicare premium hikes and the “hold harmless” provision–an explanation

As the planning for 2016 unfolds, and as the likelihood of a zero COLA for Social Security recipients sinks in, attention is being focused on what could be a major increase in Medicare premiums for an estimated 15 million seniors. In an article posted August 30 on www.thefiscaltimes.com titled “Millions Facing a Hefty Increase in Medicare Premiums in 2016,” Eric Pianin (Washington Editor and D.C. bureau chief of The Fiscal Times) provides insight into the issue. Read the article here…

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