I got notice from SS that my check and my wife's check will increase next year BUT my Medicare, my supplement and my drug card will have an increase also. What this means is our combined income drops by $300 a month!!!!!!!!!!!!!!!!!!!! I cannot tell you how incensed I am at this. We now pay over $1000 a month for our Medicare and supplement w/ drug card. I almost puked! Looks like no more Dom Pérignon for us!!!
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My mom’s drug plan is so bad that she uses the free GoodRX card that comes in the mail. A recent RX was over $100 under her Medicare drug plan which has a $600+ deductible. She used the GoodRX card and paid $43. The pharmacy assistant said that’s very common.
And have you ever looked at the SSA Aime calculation? Look at the bend points We get back a fraction of what you pay in. Social Security and Medicare are Socialism sold to us as a retirement plan.
https://ssa.tools/guides/aime “ This progressive structure means that Social Security provides higher replacement rates for lower earners while still providing meaningful benefits for higher earners.”
GoodRX is great.