2018 Medicare Part B Premium and Social Security Cola Projections

The trustees who oversee Social Security and Medicare have announced their projections for the 2018 Social Security Cost of Living Adjustment (Cola) and Medicare Part B Premium.  At this point they are projecting a 2.2% increase in the Social Security Cola.  They are also projecting no increase to the current $134/month Part B Premium.  (High income earners pay more and some people who already had Part B pay less.)

This is good news for seniors especially compared to the last few years with little to no Social Security Cola increases.  I will update this topic when the final amounts are announced. this fall.

Based in the Richmond, Va area, David Higgs of Choices In Medicare specializes in helping seniors transition to Medicare.  He can be reached at email:  David@ChoicesInMedicare.com or go to website:  www.ChoicesInMedicare.com