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Reply #28: No sounds like your changing the subject now. My point is the [View All]

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doc03 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-24-11 05:27 PM
Response to Reply #21
28. No sounds like your changing the subject now. My point is the
COLA increase does not fully compensate SS recipients for the cost of living. I remember many times over the years when my mother would get for example $20 for a COLA but her Medicare premium would increase say $15 and her Medicare supplement would increase $20. You tell me how a $20 COLA compensates for the rise in the COL when after the medical cost increases you net a -$15? Did the cost of food, housing, heat etc. all go down? You are talking apples and oranges you average all consumer costs together for a COLA then charge the medical expenses separate. The only way the COLA adjustment would compensate someone for the actual cost of living is if the medical costs were limited to the same average.
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