all the new budget does is widen the gap between the continuing rising mediacal coverage premiums. Every year we get a so call cost of living adjustment which it is not. Then we get medicare part b price increase.
All medicare part D providers increase their premium every single year.
The cost of almost all Medical supplemental insurance premiums go up every year.
Just with the above ANY increase of the past few years is completly wiped away, actually leaving one in deficit compared to the prior year.
Add to that the cost of food and gasoline which continues to increase each and every year.
So the proposed future cut makes the hole we are in get a little deeper each year.
All these rising costs and so called cuts also contribute to some using up their retirement nest egg many years sooner than planned when they first retired.
Welcome to the lose, lose age group. Eventually many more will qualify for freebie benefits....if one lives long enough.
btk
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