Social Security to hand out first raises since '09

AP/Yahoo ^ | 10-18-11 | Stephen Ohlemacher

[nascarnation]

Believe me that $115 is trivial compared to what that policy would cost from an insurance company. That’s why Medicare is going broke.

[tubebender]

It would be my luck to repay my benefits, reset the amount and then die the next day...

[justlurking]

The only reason they are raising the SS amount is because it is an election year and they do not want people to see how the medicare deduction is rising.

Sorry, while it's convenient to believe that, it's simply not true.

The CPI calculations for Social Security benefits have been in place for years. See my explanation here:

http://www.freerepublic.com/focus/news/2794772/posts?page=9#9

Being an election year has nothing to do with it.

[Bob]

Believe me that $115 is trivial compared to what that policy would cost from an insurance company. That’s why Medicare is going broke.

Trivial though it may be compared to a private insurance company's charges, it's also redundant in my case since I'm already covered by the VA.

[nascarnation]

some misc. info:

http://www.caring.com/questions/va-coverage-with-medicare

http://www.medicare.gov/Publications/Pubs/pdf/02179.pdf
page 26

[tommix2]

I read your posts all the time, and appreciate the work you do in gathering important news of important issues. Like this item of Social Security inflation adjustment, I wouldn’t have seen it but for your post as I do not have a telivision set and am quite busy. You do this all the time and pick the really important issues to post. So that is why I said thank you.

[SMM48]

Social Security to hand out first raises since '09

I can see the Obama campaign commercials already.