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Social Security Rises, But Medicare Premium Hike Could Negate Gains

HeadlineOct 20, 2011

The U.S. government has announced around 55 million Americans will see increased social benefits next year. Payments will rise 3.6 percent, the first such hike since 2009. But the increase could be wiped out by a parallel hike in Medicare Part B premiums expected to be unveiled next week.

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