I received a letter that our Social Security is going to be $548 LESS each month!

[Bread and Circuses]

10. SS COLA and Medicare Part B

https://socialsecurityworks.org/health-care-costs-are-devouring-social-securitys-cost-of-living-increase/


Washington, DC) — The following is a statement from Nancy Altman, President of Social Security Works, on Social Security’s 2026 cost-of-living adjustment (COLA), which will be 2.8 percent:
“Social Security’s automatic annual cost-of-living adjustment is intended to ensure that benefits don’t erode over time. It is one of the key reasons Social Security is superior to private sector alternatives.
However, the current COLA measure is inadequate to fully cover rising costs, especially health care costs. That’s especially true this year. Medicare Part B premiums are projected to rise by about 11.6 percent, around twice as large an increase as last year. For the average beneficiary, this will consume almost half of their COLA increase. For some beneficiaries, it will consume their entire COLA increase — even as the costs of other necessities balloon due to the Trump tariffs.