Talk of The Villages Florida - View Single Post - Social Security/Medicare rip off
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Old 10-11-2011, 11:30 AM
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Default Not So

Quote:
Originally Posted by aljetmet View Post
I just read that the medicare cola for 2012 will probably be in excess of 3%.
On Oct 19 (takes them awhile to number crunch) the Sept numbers are finalized and colas are based on the year ending September.

Just google it. Cola's have been dormant for 2 years.

By the way, SS stops the minute they find out you no longer qualify to collect.

Now another thing to remember, budget a two month delay in my SS benefit when I sign up.
the obama admin announced there will be NO COLA for the next 3 years. And, there is no COLA attached to Medicare. When you get your bill for a prescription that your part was $16, next year it will increase noticeably. I don't have the figure on how much. Then again, this country has had no budget since 2008 either !