General Discussion
In reply to the discussion: 8 Democratic Senators introduce 'Medicare at 55 Act' [View all]CountAllVotes
(22,240 posts)You get no COLA until you reach the cost of what Medicare costs (part B) now.
If you ever manage to find your way out of this hole, you may eventually see an increase in your SS but likely not ever again given the way things are going so you are indeed stuck and what you get now will likely be the story for the rest of your life as the cost of Medicare is going up more than the COLA is.
However, if you are RICH, you will pay more and rightly so.
https://www.medicare.gov/your-medicare-costs/part-b-costs/part-b-costs.html
I have
for someone that pays over $300/mo. It means they are likely a millionaire if retired as they have a taxable income of over $160,000 likely due to dividends -- that is where this high income comes from as you do not get $160,000 a year from SS that is for sure. These same people are bitching away about the ACA! They got theirs and they think they pay too much!