Medicare Hikes Eat Into Social Security COLA

Rising Medicare costs threaten to offset Social Security increases for retirees in 2026. The standard Medicare Part B premium is set to jump by nearly 10%, reducing the actual benefit of the COLA increase. The hold harmless provision protects some beneficiaries, but the rising cost of healthcare remains a significant factor in retirees financial well-being.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.