Most seniors won't see the monthly premiums they pay for Medicare jump in 2017.

Because inflation has been low, seniors are not slated for a major cost-of-living adjustment in Social Security benefits. And federal law prohibits Medicare from raising its premiums above the rate of the increase in Social Security benefits under the "hold harmless" provision.

But there is a substantial minority –– perhaps 30 percent, according to the Wall Street Journal –– who are exempt from that protection.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.