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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
Hey medicare people we're going to give you a miserable 5.9% raise, but we're going to claw that back by raising your premiums by 15%.

Of course, the 15% increase is more reflective of actual inflation, vice the 5.9% the regime is trying to pass off on SS recipients.

81 posted on 11/13/2021 11:19:06 AM PST by ETCM
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To: WildHighlander57

Bull shit. They deliver more and better than straight medicare


82 posted on 11/13/2021 11:27:53 AM PST by bert ( (KE. NP. N.C. +12) Free Republic has gone to hell is a Covid handbasket)
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To: blueplum

Good decision I made (about 30-years ago) when I declined to opt for Part B and, instead, kept my BCBS policy that I had had for many, many years...


83 posted on 11/13/2021 11:44:23 AM PST by SuperLuminal (Where is another Sam Adams now that we desperately need him?)
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To: WildHighlander57

I got the “F” plan years ago - it’s been a blessing. Yeah it’s $200 a month but I haven’t paid a dime for medical care in years. The problem with ‘advantage’ programs is the yearly deductible and co-pays can add up quickly when you’re older and really need more medical care.

One hospital stay last year offset almost all my monthly payments over what I would have paid with an ‘advantage’ program.


84 posted on 11/13/2021 12:49:54 PM PST by GOPJ (Black Lives Matter & ANTIFA - the true "domestic terrorists" of our time. Hello FBI - hello...)
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To: blueplum

Pay your fair share. It’s all the fault of those evil pharmaceuticals daring to make a profit. Blame them.


85 posted on 11/13/2021 1:24:39 PM PST by Eleutheria5 (Juck Foe Biden!)
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To: blueplum
The 14.5% increase in Part B premiums. 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%

So those getting a SS COLA increase will be happy to know the increase in medicare will more than wipe out your puny SS increase before you ever get it.

It's a kick in the teeth as those in government wink and nod.

86 posted on 11/13/2021 1:45:47 PM PST by dragnet2 (Diversion and evasion are tools of deceit)
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To: bert

After I studied this a little & read the comments, I noticed I had no increase in part B copay...maybe a reduction because of a new plan. So, then I’m thinking; why this Medicare increase? It still makes no sense, but I bet it does to the thieves who designed it. Who is actually getting the Medicare increased payments? As usual, I’m sure the increase in percentage of S.S. payments is not based on actual inflation either. The inflation is due solely to gov’t. action(Biden) as far as I can tell. I do not trust anything about this present administration!


87 posted on 11/13/2021 4:27:39 PM PST by oldtech
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To: Svartalfiar; Chode
your $100M income,

ROFLMAO if I lived to be 200 years old and worked until I died I still would never have that kind of money. 🤣

88 posted on 11/13/2021 10:05:39 PM 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: blueplum

Of course.🙄


89 posted on 11/13/2021 11:06:19 PM PST by BiteYourSelf ( Earth first we'll strip mine the other planets later.)
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To: mabarker1
ROFLMAO if I lived to be 200 years old and worked until I died I still would never have that kind of money. 🤣

It's a comparative point :p But it's not that hard to save up, if you manage $5000 a year, that's only 20 years. Not including any investment or interest.
90 posted on 11/14/2021 10:55:57 AM PST by Svartalfiar
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To: Svartalfiar

There’s no such thing as savings in My world. My entire SSDI check covers the rent. The Mrs. check covers almost everything else.


91 posted on 11/15/2021 7:20:52 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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