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US announces big hike in Medicare premiums
CNN ^ | 13 November 2021 | Maggie Fox and Tami Luhby, CNN

Posted on 11/12/2021 9:42:13 PM PST by blueplum

(CNN)The federal government announced a large hike in Medicare premiums Friday night, blaming the pandemic but also what it called uncertainty over how much it may have to be forced to pay for a pricey and controversial new Alzheimer's drug.

The 14.5% increase in Part B premiums will take monthly payments for those in the lowest income bracket from $148.50 a month this year to $170.10 in 2022. Medicare Part B covers physician services, outpatient hospital services, certain home health services, medical equipment, and certain other medical and health services not covered by Medicare Part A, including medications given in doctors' offices. The Centers for Medicare and Medicaid Services played down the spike, pointing out that most beneficiaries also collect Social Security benefits and will see a cost-of-living adjustment of 5.9%...

(Excerpt) Read more at cnn.com ...


TOPICS: Business/Economy; Culture/Society; Front Page News; Government; News/Current Events
KEYWORDS: brokenpromises; bunglingbiden; enditall; freemarket; freemarketprices; govtliars; handouts; medicare; ponzischeme; socialism; welfare
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To: blueplum

Communism is shared misery.


21 posted on 11/12/2021 10:16:56 PM PST by bray (Our patience is wearing thin Joe)
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To: House Atreides

And yet cancer drugs are not covered under Part D. I believe I’m right on that one.

ONE DRUG impacts the entire system for a few people so ONE company can get paid by the giverment what nobody else can afford to pay them.

I smell a rat and a stinking rotting fish head.


22 posted on 11/12/2021 10:19:47 PM PST by Sequoyah101 (Politicians are only marginally good at one thing, being politicians. Otherwise they are fools.I ha)
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To: blueplum

The working poor are getting poorer, thanks to the Biden Bunch.


23 posted on 11/12/2021 10:20:54 PM PST by skr (May God confound the enemy)
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To: blueplum

Now there you go again. Raising taxes on low income people. Let’s Go Brandon!


24 posted on 11/12/2021 10:26:54 PM PST by Jim Robinson (Resistance to tyranny is obedience to God.)
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To: blueplum

“.....The Centers for Medicare and Medicaid Services played down the spike, pointing out that most beneficiaries also collect Social Security benefits and will see a cost-of-living adjustment of 5.9%...”

See! Democrats have answers for everything. Only thing is their answers are always in Bulls-itese. A favored dialect of the mindless morons that comprise that party.


25 posted on 11/12/2021 11:00:54 PM PST by rockinqsranch (Dems, Libs, Socialists Call 'em what you will, they all have fairies livin' in their trees)
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To: Jim Robinson

I know you think this is bad, but you ain’t seen nothing yet. I’m 70, not as young as I once was but ready to fight. Let’s Go Brandon.


26 posted on 11/12/2021 11:03:15 PM PST by Equine1952
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To: blueplum; Chode; SkyDancer; Salamander; carriage_hill; Lockbox; MtnClimber; All
+14.5%
+ 5.9%
<8.6%>
ERROR!!!

I don’t give a rats rectum (damned near killed ‘em) how many decades these accountants went to skrool they STILL CANNOT DO MATH !!!!!!

Reminds Me of the witch bookkeeper at a Water Treatment Plant I used to work at. Tried the same crap on Us with Payroll. I told them (Mis-management) that if they did this that I was quitting.

They did so I did.

I told the Operations Crew that she was stealing money from the Water System Corp. Nobody believed Me. 2.5 years later she and the gm had stolen just shy of $1,000,000.00 right under the noses of the Board of Directors. The 2 almost made off with it. The Bank found it during an Internal Audit. The Account was under the Company name but only had 2 names on the paperwork hers and his, no Board Members. As was required there should have been 3 or more Board Members plus the gm and bookkeeper. And the Account had the gm’s home address so the Statement and other paperwork went to him at home.

They lost their jobs but since the funds were never taken out of the Account no theft charges were filed. DAMNED IT !!!

27 posted on 11/13/2021 12:06:18 AM PST by mabarker1 ((Congress- the opposite of PROGRESS!!! A fraud, a hypocrite, a liar. I'm a member of Congress !!!!)
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To: TomGuy

I thought it was set already at $158 for 2022.


28 posted on 11/13/2021 12:16:21 AM PST by Sacajaweau
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To: blueplum

bookmark


29 posted on 11/13/2021 12:33:22 AM PST by GOP Poet (Super cool you can change your tag line EVERYTIME you post!! :D. (Small things make me happy))
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To: blueplum

You are right on that one.


30 posted on 11/13/2021 1:07:15 AM PST by PeteB570 ( Islam is the sea in which the Terrorist Shark swims. The deeper the sea the larger the shark.)
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To: blueplum

When I saw the 6 percent raise in SS, I immediately thought ...there goes the deduction for Medicare...up, up and away.


31 posted on 11/13/2021 1:32:03 AM PST by Maris Crane ( )
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To: AnthonySoprano

The Indians have become more vocal and influential...only they are the wrong Indians from whom we ALLEDGELY STOLE THE COUNTRY.


32 posted on 11/13/2021 1:36:10 AM PST by Maris Crane ( )
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To: blueplum

I knew they would do this....give a long over due small raise and then over double the medicare tax...even though we’ve been paying for medicare our entire working lives.


33 posted on 11/13/2021 1:50:37 AM PST by cherry
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To: blueplum

Right hand gives, left hand takes away, and then takes away a little bit more.


34 posted on 11/13/2021 1:53:18 AM PST by Cboldt
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To: rockinqsranch

the Centers for Medicare and Medicaid also sent out bribe letters to every hospital stating that if the use remdesivir they would get another $25,000 per admission...


35 posted on 11/13/2021 1:54:47 AM PST by cherry
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To: House Atreides

There is a lifetime cap, don’t know about annual.

Half a million, or a million. Somewhere around there. Medical industry would like to maximize medical spending.


36 posted on 11/13/2021 1:55:26 AM PST by Cboldt
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To: Trump Girl Kit Cat

Xiden and the DemComms have a great alibi: he’s affected by Alzheimers...


37 posted on 11/13/2021 2:02:16 AM PST by Does so (DC: "The Chinese city on top of a hill".)
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To: blueplum

How can government controlled healthcare under a Brandon administration be trusted to care if elderly Americans become ill other than to view it as a means to an end?


38 posted on 11/13/2021 3:23:24 AM PST by one guy in new jersey
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To: blueplum

The 5.9% applies to Social Security, the 14.5% applies to Medicare. For the Average Social Security recipient, who receives about $16,000 per year, that means about a $79 monthly increase in SS, partially offset by a $21.60 increase in medicare. (Medicare premiums are means tested, based on total income, so many pay nothing anyway.)


39 posted on 11/13/2021 3:25:01 AM PST by Lonesome in Massachussets (Diana Moon Glampers for Secretary of Education! )
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To: House Atreides

“Damn! That’s a lot out of pocket for one drug. Is there sone sort of yearly max?”

It doesn’t work, so no matter. Just another corrupt FDA favor to Big Pharma.


40 posted on 11/13/2021 3:40:10 AM PST by DAC21 ( A minor)
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