MEDICARE PREMIUM INCREASE For those of you who are on Medicare, read the article below. It is about the monthly amount of money you are going to pay in Medicare premiums in 2011, 2012 and the huge increase you will pay in 2013. It's a short but important article:
Congress will not allow an increase in the social security COLA (cost of living adjustment); however, the per person monthly Medicare insurance premium will be increased from the 2009 premium of $96.40 to $104.20 in 2012, $120.20 for the year 2013 AND increases to a wonderful $247.00 in 2014. Thank You Obamacare!
Congress also gave themselves a $3,000 a month Cost of Living Adjustment!