Yes, in the wisdom of law makers from who knows when, because their crafted law says if there is no cost of living increase to Soc Sec, and the SS pension recipient has his Medicare premiums deducted automatically from his Soc Sec pension benefits, the beneficiary won't get his Soc Sec money reduced. Kool huh ? It is estimated that is the case for 70% of SS recipients.
Medicare, nonetheless has a higher premium it needs to charge, but the law says the above cited 70% won't have to pay it. Who then picks up the increased increment ? The good fairy ?
ANSWER: those who are deferring receipt of Pension Benefits to a later age have no SS income yet; therefore there is no income to have Medicare Premiums deducted from. They get to pay their own Medicare Premiums (of course) and pay the Medicare Premium increase that was scheduled to be paid by the above cited 70% ! ! "Thank you retiree/deferee for us not having to pay you now. We will just kick you in the head now."
So we have 70% getting money (Soc Sec) and not paying the incremental increase of 2016 premium that they were scheduled to pay.
So we have the retirees/deferee's eligible for SS but are waiting to get their SS pension benefits later. Good deal for the gov't not having to shell out money for them now. Bad deal for the deferee's that get to pick up the charge scheduled to be paid by the 70%.
The majority with income don't pay. The minority without income pay for them.
Even if one is first time recipient of Soc Sec for 2016 (let's say in January) and automatically has his Medicare premium deducted from his SS then, he pays the additional increment, too, even though he then fulfills the criteria to not have to.
You can't make this stuff up. (Unless you are a Federal legislator.)
If the above is screw ball, is there any wonder the government is upside down financially ?
Or is this just government repression to take where ever it can ? .... regardless of fairness ?
