Washington, DC—(ENEWSPF)–October 14. 2015. Today AARP sent a letter urging all members of the U.S. House of Representatives and U.S Senate to pass a fix for Medicare beneficiaries who face much higher cost increases based on the anticipated announcement that Social Security beneficiaries would not receive a Cost of Living Adjustment (COLA) for 2016. AARP’s letter specifically asks Congress to protect all Medicare beneficiaries from sharply increased out-of-pocket costs in light of the COLA announcement, requesting specifically that Congress “reduce…the impact of the sudden, sharp increases in the Part B premiums and deductible as soon as possible. Ideally, all Medicare beneficiaries should be held-harmless in the face of no Social Security COLA adjustment.”
