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Archive for January, 2018

SOCIAL SECURITY LETS DOWN SENIORS

© Norine Peardon

Golden Egg of Retirement

 

 

I guess Congress figures that seniors, who depend on social security as their major income, should be deprived of any increases (Cost of Living).  For the past three years, recipients have not seen an increase in their disposable income.  Instead, the government has given all of the increases to the insurance companies by increasing Medicare premiums.

Insurance Company Lobby

The insurance company lobby obviously is putting pressure on the government for more premium money to cover claims.  Then the insurance companies can build big, beautiful, expensive buildings and show huge profits while the poor recipients of social security continue to grow poorer.  Medicare premiums have increased every year for 2015, 2016, 2017, and 2018.