Premiums for Medicare Part B will be will be higher in 2017 than they were in 2016. For about 70 percent of enrollees, the average increase is a little more than $4/month, and average premiums will be about $109/month. Medicare costs necessitated a larger increase, but the very small Social Security cost of living adjustment (0.3 percent) for 2017 limited the amount of the rate increase for most seniors, since Part B premiums are deducted from Social Security checks, and there’s a provision that prevents those checks from declining from one year to the next.

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