[RDasher]

Another little known social security / Medicare issue. In 2009 the Medicare part B premium that seniors pay as their share of the Medicare insurance was $96.40 (for most people), in 2010 that premium was raised to $110.50, and in 2011 it will be set at $115.40. However those increases were not passed on to seniors because there was no social security COLA in 2010 or in 2011. If by chance there is a Social Security COLA in 2012, the first $19.00, plus what ever the 2012 increase is, will be immediately eaten by those premiums.

[Beagle8U]

Seniors still make out better if they get COLA raises every year that cover the true cost of inflation.

Whatever it goes up will be rolled in to what the next cola % is based on. Just like savings with compounded interest.