I now pay 10% of my SS check each month for Medicare Part B...and I have to buy a supplement, too.
That is correct. I am getting now a $5 per month increase in my SS check but my medicare went up almost double the amount I get for ss. You just can’t win for losing
Think of it this way. Your Medicare Part B premiums only pay for 25% of the costs of the program. The remaining 75% is paid, by law, using money from the General Fund. In 2011 this amounted to over $200 billion. So the working taxpayer is funding your Medicare (and mine). Medicare is a great deal since over your lifetime, you get back three times more in benefits than you pay in contributions. Is this a great country or what?