What Is the Medicare Hold Harmless Provision?

Business & Management
#1

The Medicare hold harmless clause prevents your Social Security payments from being reduced year after year as a result of your Medicare Part B premiums. This restricts the increase in Medicare Part B premiums paid by Social Security recipients in a given year to no more than the Social Security cost-of-living increase. The hold-harmless provision protects some Social Security recipients from financial hardship if Medicare prices rise.