[kabar]

2.) Social Security will soon be little more than “phantom income” due to the means testing and higher premiums for upper income people, on Part B and Part D of Medicare.

The premims paid for Medicare Parts B and D only pay for 25% of the annual costs of the programs. By law, the other 75% comes from the General Fund. In FY-2011 this amounted to $222 billion. These costs will continue to increase as 10,000 people a day retire for the next 20 years. Medicare Part A has been running in the red since 2008.

[Kansas58]

I don't wish to argue with you, but I am in the Social Security and Medicare BUSINESS!

Even if your Part D plan costs the average or middle income client ZERO dollars (yes that is possible with a Medicare Advantage Plan) -— those how make more than $213,000 (Individually) will now pay $66.40 PER MONTH for the same Part D Prescription drug plan.

That same person will pay $349.00 for Part B of Medicare.

This is a total of $415.40 PER MONTH for Medicare services for the top brackets.

I am telling you that there is NO limit on what Congress will charge, for Part D and Part B services, in the future, for the upper income groups.

Again, this is my business, but if you want to check my work go to Medicare.gov, all the tables are there for you.