Reported about 7 hours ago
Medicare premiums are set to rise in 2025, with Part B premiums climbing to $185, which is expected to reduce the benefits received by retirees from their Social Security checks. The increase comes despite a 2.5% cost-of-living adjustment in Social Security payments, effectively eating into any benefits seniors may have anticipated as the cost of healthcare continues to rise. Many seniors are advised to review their Medicare plans during the ongoing open enrollment period to ensure they are making the best financial decisions.
Source: YAHOO