How SSA Hold Harmless Works

Concomitant with the announcement of the Medicare premiums for 2021 comes a blog post from SSA explaining how the hold harmless provision works. How the Hold Harmless Provision Protects Your Benefits explains that with some exceptions,  “the “hold harmless provision” protects … Social Security benefit payment from decreasing due to an increase in the Medicare Part B premium… To qualify for the hold harmless provision, [the recipient] must: …. Receive Social Security benefits or be entitled to Social Security benefits for November and December of the current year [and the recipient’s] Medicare Part B premiums for December and January [are] deducted from [the SSA] monthly benefits.”

Read the blog here.