Medicare Premiums to rise 14.5%

[calendria]

 

So instead of $148+ per month they will be deducting $170+ ..  Now, based on the 2023 COLA, how much do you think we'll get to keep of the annual cost of living increase?  Answer, less than half.

[ccandpam]

That is just awful. My Husband is on Social Security and Medicare and it is hard now to keep our Bills paid.

[cathy37]

That is so not fair.  Last year we got a good raise, but Medicare went up and took part of the raise.  I hope they give us a good raise this year if they are going up again.  It is hard enough as it is to pay bills because everything has gone up so much.

[mrisha]

It is amazing how you can work 30-40 years paying to receive an SS check and the government still stick it to you by deducting $170 out of the check every month.  The government gets you while you work and then again after retiring.

[cateyes1]

I heard it was going down

[calendria]

 

No, this was announced in 2021, if no change happens, it WILL happen prob in 2023:

Tue, 11/16/2021 - 02:13 — legitgov
Medicare Part B premiums to increase 14.5% in 2022 | 13 Nov 2021 | The Biden administration has announced that Medicare Part B premiums will increase 14.5% in 2022. The 14.5% increase will raise the standard monthly premium from $148.50 this year to $170.10 in 2022, according to the Centers for Medicare & Medicaid Service. The increase is higher than an earlier estimate of $158.50 for the standard premium for 2022, CNBC reported. The Medicare Part B annual deductible will also increase in 2022 to $233 from $203 this year, according to CMS's latest announcement.


https://www.legitgov.org/medicare-part-b-premiums-increase-145-2022#:~:text=The%2014.5%25%20increase%20will%20raise%20the%20standard%20monthly,for%20the%20standard%20premium%20for%202022%2C%20CNBC%20reported.