Medicare Rates May Increase for Some Retirees
OCTOBER 9, 2015: A flat Consumer Price Index (CPI) means there will be no COLA increase under Social Security for 2016. The CPI-W is the federal standard used to calculate inflation.
Since 1987, a national debate has raged as to whether or not the CPI-W is an accurate gauge for retirees. Many, including our Association, feel a more accurate measure is the CPI-E (Elderly), which looks to inflationary pressures such as healthcare costs that impact retirees on a larger scale.