By: Andrew Mangione
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Last November, the Centers for Medicare and Medicaid Services (CMS) issued a press release announcing increases in both the Medicare Part B premium and its deductible. According to the press release, Part B “covers physician services, outpatient hospital services, certain home health services, durable medical equipment, and certain other medical and health services not covered by Medicare Part A.”
Read the Full Article in the Digital Edition of the AMAC Magazine
The HILL needs to tax there own FIRT!!!
I was surprised by the size of the increases in the Medicare premium and the deductible. Reading the article, I learned that these increases are the largest in Medicare history, so now I’m angry as well.
Social security benefit increase 5.9%, 7.5% inflation, MEDICARE PAYMENT INCREASES…result ….we seniors fall farther behind. A very bad trick pulled on the Seniors. The Biden Administration has forgotten …..WE VOTE.
How much damage are they doing
He would think a lot differently if he had the same retirement as social security recipients do but he, being in congress all his adult life and congress has an entirely different retirement plan, he doesn’t care about the seniors at all!
A word to the wise: Don’t think your military Tri-Care for Life or your Trier 1 Combat VA Disability is going to get you out of this mess. It’s not. You’re required to enroll in Part B when eligible or pay a substantial penalty later on. So, look forward to paying, like me 3 times the regular rate of Part B, to the tune of $1000+ per quarter now. And the hits just keep on comin…..
Just another reason to throw Biden out of office by decertification of electors in states that have proven ballot stealing and manipulating.
The part B price increase is punishment for getting a COLA of more than 1%. Between the part B increase and a rental increase I netted $3. So will probably end up losing my mobile home because I can’t afford to pay the property taxes which are ridiculous!