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I'd like to see the source(s) showing the increase in food price of 44%. I have not personally experienced such a huge increase in food price myself.
Being around numbers long enough in my life, I know there are lies, dam lies and statistics, and one should not trust everything in the media. There are no questions that numbers published by the government are NOT 100% accurate but unless there are other sources citing significant different numbers, I'd go with the numbers close enough to my own experience instead of some outrageous number WITHOUT any backing source from a poster on the web.
I have no intention to insult anybody's intelligence. As far as I know, I feel perfectly fine, healthy and sane enough in spite of having drunk the Kool-Aid. Wait a minute, it was just a glass of Riesling to go with my excellent homemade steak/shrimp and vegetables dinner costing us a total of 10 bucks (included the wine bottle) or about the same price tag of a similar dinner last year ;-).
went to the grocery store yesterday and was shocked at the price of milk. $4.99 a half gallon. yogurt had gone up. and this was a Publix store. Don't know I could have done the steak dinner you describe for $10 either unless you are talking splitting up a sirloin or round steak over several meals and without the wine.
not to argue just saying that maybe where you live the cost of groceries are different than where I am. and if you were to average the milk with a canned good then the store average may not be much different before.
still if I hadn't needed milk for my cereal I would have passed on it.
Last edited by theoldnorthstate; 10-11-2015 at 09:43 AM..
Of, course. No SS COLA and a Medicare part B premium increase to $159.30 for new enrollees.
Of course, they love to blame this simply on the Hold Harmless Provision but, as I predicted in an earlier thread, raiding SS recipients' benefits by ever-increasing premiums is yet another way for the elderly to help pay for Obamacare.
The fact that this increasingly huge segment is "exempt" from Obamacare is just too much for the redistribution crowd to bear.
Very glad we opted out of Medicare! We have private insurance for life from my former business, in lieu of compensation for my consulting services. Better life insurance, also. I would encourage anyone who has the option of private medical insurance (as a company retirement benefit, or by some other agreement, such as ours) to stick with the private option, and forego the Medicare altogether.
That's not always an option.
Both DH and I, thankfully, have superior health insurance from former employers. However, they require that we enroll in Medicare, as that becomes the primary insurer.
Of, course. No SS COLA and a Medicare part B premium increase to $159.30 for new enrollees.
Of course, they love to blame this simply on the Hold Harmless Provision but, as I predicted in an earlier thread, raiding SS recipients' benefits by ever-increasing premiums is yet another way for the elderly to help pay for Obamacare.
The fact that this increasingly huge segment is "exempt" from Obamacare is just too much for the redistribution crowd to bear.
Wrong. The increased Medicare Part B premium amounts go toward the funding of Medicare; they do not go toward the funding of Obamacare.
Wrong. The increased Medicare Part B premium amounts go toward the funding of Medicare; they do not go toward the funding of Obamacare.
Also the Hold Harmless Rule is designed to protect seniors from increases in Medicare costs without a increase in SS benefits from a no COLA. It is helpful and protective of current recipients. Is that a bad thing? Other wise deductions would go up and current recipients would receive less in their checks. Is that what the nay sayers want? Hurt seniors they must be crazy ER it is to help keep Medicare solvent longer as you note. Medicare Hold Harmless Provision Definition | Investopedia
Quote:
DEFINITION OF 'MEDICARE HOLD HARMLESS PROVISION'
A legal statement prohibiting an increase to Medicare B premiums for the vast majority of American citizens. The Medicare hold harmless provision ensures that Medicare B premiums can not rise more than the previous year's cost of living increase in Social Security benefits.
Of, course. No SS COLA and a Medicare part B premium increase to $159.30 for new enrollees.
Of course, they love to blame this simply on the Hold Harmless Provision but, as I predicted in an earlier thread, raiding SS recipients' benefits by ever-increasing premiums is yet another way for the elderly to help pay for Obamacare.
The fact that this increasingly huge segment is "exempt" from Obamacare is just too much for the redistribution crowd to bear.
Really? The Hold Harmless Provision is part of the original SS act and has come in to play before. It is a result of Medicare and SS policy overlap and the need to adjust the monies coming in to the the Medicare fund and the Hold Harmless Provision of the SS act designed to protect current benefits for the majority of retirees.
Ok, I have a question. Have read thread, if this has been answered, sorry I've missed it. I am collecting SS on my own record, at FRA. DH, already a year past FRA is collecting on mine and waiting for his till he's 70 (if his health holds). Both of us have Medicare B taken out of our checks. So, does the increase apply to him since he's not taking his own, or is he still ok because he's getting some SS with the medicare deduction? I sure hope that's the case!
I know I could call Medicare with my question, but I haven't got the hour to wait on hold...
Ok, I have a question. Have read thread, if this has been answered, sorry I've missed it. I am collecting SS on my own record, at FRA. DH, already a year past FRA is collecting on mine and waiting for his till he's 70 (if his health holds). Both of us have Medicare B taken out of our checks. So, does the increase apply to him since he's not taking his own, or is he still ok because he's getting some SS with the medicare deduction? I sure hope that's the case!
I know I could call Medicare with my question, but I haven't got the hour to wait on hold...
If he's already enrolled in Part B and collecting SS and having Part B deducted from his benefit, he stays at $104.90.
Higher rates apply to:
new enrollees in Part B effective Jan. 2016
those already collecting SS, enrolled in Part B, but Part B payments are NOT deducted from the benefit; and
those enrolled in Part B, but not receiving SS.
Last edited by Ariadne22; 10-11-2015 at 11:38 PM..
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