Social Security: New Benefit Amount (statement for 2015)
 

I received a statement that says my Social Security benefits will increase by 1.7% in 2015. It sounds good except the monthly amount they say they will pay me is actually $32. dollars less than I have been getting. (Nothing else has changed as far as deductions etc.)

I will contact them if no one knows of any good reason for this lower payment.

If you have a medicare advantage plan that pays part of your plan B, the reduction in benefits could be caused by that plan paying less than last year.

Same here. I don't know if I can afford any more raises.

Thanks, perhaps I should call the agent who signed me up for Freedom Health. What I understood was: There would no longer be a partial rebate of my Medicare part B premium. That's all that was said.

That should explain the difference - if they were paying some of your part B and no longer are you would receive less money in your check each month to cover the difference.

Woohoo 25 bucks for me, better than nothing ! I"LL TAKE IT:a040:

Yes, that's it!! Optimum Health was rebating 32 dollars every month and now I will get $32 dollars less. Being that I can no longer get a rebate from any HMO I'm glad I changed to Freedom Health.

Thanks, everyone, for all the replies.