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AMAC Action Statement on Medicare Part B Premium Increase

Medicare

AMAC Action is extremely disappointed to learn of the Centers for Medicare & Medicaid Services (CMS) recent announcement to raise the Medicare Part B premium by nearly $260 a year. CMS also announced a $30 increase in the annual deductible for Medicare Part B beneficiaries.

CMS noted early in a press release that most Medicare beneficiaries will see a 5.9 percent increase cost of living adjustment in their 2022 Social Security benefits which they say, “will more than cover the increase in the Medicare Part B premium.”

AMAC Action President Bob Carlstrom called out CMS’ rationale for the premium increase saying, “Any increase in Social Security benefits will already be diluted by the aggressive inflation afflicting our economy before beneficiaries receive it. This means that the increase in Part B premiums, which is the largest in the history of the program, will negatively influence a retiree’s cash flow. $260 may not sound like a lot to working people, but it can be a significant sum for seniors living on a fixed income.”

CMS Administrator Chiquita Brooks-LaSure cited how “rising drug costs threaten the affordability and sustainability of the Medicare program.” It does not make sense to raise the Medicare Part B premium and deductible, which covers physician services, to compensate for increased drug prices. AMAC Action suggests that if the Biden Administration were truly serious about lowering drug costs, they would make an effort to examine the business practices of pharmacy benefit managers (PBM), organizations that have been shown to have an adverse impact on the overall costs and prices for drugs.

Carlstrom continued, “It’s clear that the Biden Administration is using this premium increase as a ploy to push the Democrats’ proposal to lower drug costs by price-fixing pharmaceuticals, a strategy we believe will lead to decreased access to new and innovative therapies for people who need them most and potential drug rationing. AMAC Action will continue to fight for the well-being of America’s seniors and to make their needs a priority for this administration.”


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hilda
22 days ago

Medicare is OVER WITH–I CANNOT GET MENTAL HEALTH or DSENTAl,all medicare is OVER!!GO TO A REAL INSURANCE AND PAY BIG BUCKS–THE RICH HAVE IT!!neither does Medicaid work!!All that govt. insurance is OVER WITH–MEDICARE TOO!!! You’ll have to srart paying cash!!

ops
1 month ago

If one is in the so called “donut hole” paying a higher price for ones prescription consider a search / cost for the drug at Planetdrugs.com. Service was excellent with free shipping. They are out of Canada. Read the reviews. One prescription, a Tier 4 was at half the cost of what the insurance company would cover while in the donut hole.

ops
1 month ago

The old saying holds true…the large print giveth, and the small print taketh. Seniors are always on the short end.

Steven Ruzek
2 months ago

By increasing the SS benefit amount rather than holding or reducing Part B premiums, they are increasing the percentage of people whose payments are considered taxable, and also in some cases increasing the percentage of benefits that are taxable.

Debbie
2 months ago

Humana is raising my prescription deductible to $480.00. I have to use inhalers and they’re a tier 3 drug. Prices are ridiculous, there’s so much gouging going on for everything a person or family needs that people can’t make ends meet. I hope, in time, some of these gouging companies and stores are going to price themselves right out of business.

Margaret McCluskey
2 months ago
Reply to  Debbie

Try United Healthcare’s Medicare Advantage, PPO plan. I pay $29 a month with no deductible for drugs.

hilda
22 days ago

Yeah i have United Healthcare AARP ADVANTAGE??IN EUGENE OREGON??NO MENTAL HEALTH, NO DENTAL, THERE IS NOTHING HERE!! UNITED HEALTHCARE AND AARP SUCK!!!

Pat R
2 months ago

I’ve been on Medicare for 15 years now. Every time we get a COLA, the deductible for Part B goes up. It sometimes takes all of it, but often 90+% leaving a few dollars a month increase. Only once did we get a COLA and received it all – no increase in Part B deduction. So what they’re planning for 2022 isn’t any different really.

Suzy F.
2 months ago

It’s more than a coincidence to me that as we get an annual COLA, they raise the premium price to EXACTLY the COLA amount. Such a bogus attempt to placate our inflation concerns.

ops
1 month ago
Reply to  Suzy F.

Its a shell game….happens every year. Somehow they seem to find ample money of free stuff for illegals crossing our border>

PEH
2 months ago

Increasing drug costs?  Here is one way it works. 
A SIMPLE EXAMPLE: For 19 Years I have paid a copay on my prescriptions with my supplemental private insurance company under Medicare. Then comes an increase in Medicare Part B premium and this year my cost shows zero copay for my prescriptions . With the premium increase, the GOV just took my cost-of-living increase and deposited it in my Part B premium cost and now offers my prescriptions for FREE.  Multiply this by the number of recipients across the nation required to pay the premium increase and common sense tells one that everyone is paying the increased premium for FREE or reduced costs prescriptions for everyone (socialism?). This, to my way of thinking, is really the source for the increase in drug costs .
Also, why are certain TV media running constant Medicare ads about all of the new great FREE services being offered under Part C Medicare (upon calling the number, these ads are really being presented by those selling medical insurance). How can they offer all of these FREE services unless their being paid for through Medicare premium increases?. 

Glenn S.
1 month ago
Reply to  PEH

Absolutely nothing is absolutely free.

ops
1 month ago
Reply to  PEH

Read there is a one year grace period with Advantage. If you do not like the plan, you can make the change. A whole different ball park once you go beyond the one year! If one has a plan and it works…why change it buying into the so called free stuff. Nothing is free…The large print giveth, the small print taketh.

Glenn Scott
2 months ago

Do you notice that the government always has funds to pay foreign aid to all those countries that really don’t like the US? When it comes to helping Seniors or Veterans. the governments action is ‘To he// with them’ Lets go Brandon

hilda
22 days ago
Reply to  Glenn Scott

yOU KNOW you really ought to consider getting behind a “Trump”or “Che Guevera”coup, and crash the bloody govt, take it over by force–im not joking–i wish i were–LOUSY ROTTEN FED, GOVT. AND ROTTEN DEMOCRATS!!! IM NOT JOKING.ANYTHING LESS WILL NOT WORK–I wish i did not have to be honest–but that’s your choice–get clobbered or take down the fed;govt. we have now-militarily.. ex- MILITAry guys, you should start meeting on the QT– ANYTHING LESS WON’T WORK–THAT’S WHERE WE ARE HEADED–BLM CAN DO IT–WE will have to all join the NRA and make up quasi-military- get gun training.yeah the NRA!! TEXAS IS RIGHT!!!–MILITARY AND FORCE IS THE ANSWER!!!
(of course on being collared by FBI I will denounce all this raving of mine as a joke-haha)

Jim
2 months ago

This is idiotic. I just ran an analysis for my wife’s Medicare prescription drug program, Part D. She can buy her prescription drugs cheaper using Sam’s Club Plus membership than any of three of the Medicare Part D plans we reviewed. We would NOT participate in the Part D program at all if it were not for the draconian cost imposed for delay in participation; 10% premium increase for each year of delay.

Texas Liberty
2 months ago

Today’s economy, brought to you by the Afghanistan and Southern Border administration.

Glenn S.
1 month ago
Reply to  Texas Liberty

I call today’s inflationary economy “The Biden Effect”.

hilda
22 days ago
Reply to  Texas Liberty

texas is right–we all have to get armed–some crazy person will blow off Biden and some of his friends,and that will happen.—i suggest you all start getting MILITARY–TEXAS IS RIGHT(THE STATE TOO)
(OF COURSE if questioned by authorities,i will explain all my comments as a bAD JOKE–HEY I AM OLD!! ALTSHEIMERS could make us poor old guys vicious haha)

Meant to be spent
2 months ago

Excellent article. Medicare is yet one more example, as if one is needed, that the left’s solution to EVERYTHING is more government, even when the problem to be “fixed” was caused by government. Instead of saying, “Let’s find the cause of high drug prices, and work on ways of bringing them down,” they just want to hire more regulators and :Pharmacy Benefit Managers,” whatever that is, that do absolutely NOTHING to make drugs more affordable. If anyone is unclear on any of this, here’s the skinny: Start by cutting red tape and useless bureaucracies that do nothing to make or keep people healthy. First to go? PBM’s!

hilda
22 days ago

–this is exactly why the fed govt as we know it,will FALL.IM SORRY, but other experts say the same thing.stop paying your taxes!!!SEE HOW,WHEN HUGE AMTS OF TAXPAYERS STOP PAYING, AS ONE FORCE, THE FED. GOVT. WILL FOLD OR SHRINK!!!—OK ITS OUR DEATH KNELL TOO–BUT IM 74 AND I’D LIKE TO SEE YOUNGSTERS GET RIID OF THIS FED;GOVT. IF WE CAN HELP THEM.—YOU really should talk to lots of republican youngsters—we owe them help to stop having a huge fed govt–at some point–wouldn’t you like your kids and grandkids to be FREE OF THIS?AT SOME POINT?? ANY FEEDBACK?? THANKS–

(OF COURSE SHOULD ANY GOVT OFFICIAL TAke this seriously, ha ha its an old person’s joke)

Tim Doss
2 months ago

More BS from an administration who clearly lies whenever their lips are moving. Biden makes obama and carter look brilliant when in fact they couldn’t tie shoelaces.
Biden destroys everything he touches his entire career and now is a prime example of when people should no longer be allowed to work due to an inability to remember who, what or where he is.
We pay more so he can give it to illegal immigrants. Brilliant move for a socialist state.
Just wait until they try and force us to give up the guns we have to defend ourselves against people the police can’t. Once they do that the mandates will start rolling in, for our own good since these people are clearly smarter than we are! Exactly who do they think is going to enforce that one since they can’t get the military or law enforcement into compliance and for good reason, THEY ARE NOT SHEEP. Beto and Biden themselves with Pelosi and her corrupt and thieving nephew Gavin Newsom as backup?

Glenn S.
1 month ago
Reply to  Tim Doss

I believe that America is now being ran by a Central Committee, since Biden is afflicted by dementia. A sad state of affairs leading not just to Socialism, but to overt Communism.

hilda
22 days ago
Reply to  Tim Doss

Sweetie i ENCOURAGE MANY SENIORS TO JOIN THE nra AND AT LEAST HAVE SOME ACQUAUINTANCE WITH FIREARMS–HOWEVER YOU CAN–I’M fat and ill and i’m doing it this Spring–in lousy expensive Oregon.–but wherever you live, you CAN GET SOME TYPE OF FIREARM OR DEFENCSE, AND START PROTECTING YOUR HOME,AND trying to get some self-defense–and offense–its going to happen. We seniors should at least “remember Trump”‘s accomplishments!!–even what he failed at. TRY to think back to 1776–this will happen again, and we need to be aware of this.– HONEST!!! HEY, ASK TEXAS!!–THE STATE..THIS FED.GIVT, WILL EVENTUALLY FALL. We can start to care for ourselves,now,and each other–but be aware–its going to happen–maybe sooner than we think.

(any FBI OR FED THIS IS A JOKE HAHA–NOT SERIOUS.)

Pat
2 months ago

If the Biden administration were serious… ? These people have proven themselves to be a serious ENEMY who is serious about one thing

Duane
2 months ago

I am 69 years old and ever since I enrolled in Medicare Plan B at age 65, the yearly premium on Plan B has been increased. Even the Medicare insurance supplement plan (not an advantage plan) that I carry could not wait even 12 months before raising the premium. But, hay, it’s was all important that we spend trillions and trillions to bail out the elite politicians, elite banks, elite big corporations, infrastructure, illegal immigrants, planned parenthood and you name it. We have a current $30 TRILLION DEFICIT AND A FUTURE $100 TRILLION DEFICIT LIABILITY TO PAYOFF. It’s all DEFICIT (DEBT) money they are working with. The USA is basically INSOLVENT or BROKE. There is absolutely NO conversation or talk about living within our means by cutting spending and paying down the debt. If anyone does mention those things they are labeled a “domestic terrorist”, according to Nancy Pelousy. Government priorities are SCREWED UP. WAKE UP.

hilda
22 days ago
Reply to  Duane

YES, AND if we do not have another revolution our kids and grandkids will be slaves to it.We need to start thinking “Che Guevera” right now.–This fed.govt. WILL END-but it will be a bumpy ride,

(Yes, FBI OF COURSE THIS IS A SENIOR JOKE-JHAHA)

Steve Turrentine
2 months ago

We must speak up loudly to our Representative’s about this 13% or more increase in fees. Let our voices be heard. Steve Turrentine

Alwayslste
2 months ago

Joe Biden is not the legitimate President of the United States. He must be removed he cheated he cannot stay there.

Linda K Criswell
2 months ago

This is so disheartening! The only medical premium for us that isn’t increasing is our vision plan. Drug plan, medical plan, and now Medicare are all increasing. For me, Social Security cost of living increase might be $37 per month – not counting the horrible inflation, and my my husband’s increase might be $23. It’s better than not getting anything at all, but it certainly doesn’t help significantly. God help us with this administration!

Andrew Vitale
2 months ago

This fraudulent administration needs to go!!! Until then and until elected Republicans get tough we legal hardworking American taxpayers will continue to suffer!!!

hilda
22 days ago
Reply to  Andrew Vitale

—yES, BUT IT WILL NOT BE EASY TO JOIN, AND GET SERIOUS,AND VICIOUS, TO start chopping down this fed.govt. and Biden govt. now.–talk to young people who will be carrying this mess too–your young people will inherit this mess.

(of course this is just a bit of senior joking haha)

Rosalee Cavanaugh
2 months ago

The Biden government has free range to screw the American citizen any way they can. But the Republicans will cross the aisle every time to save the Democrats faces. Pass another multi-trillion dollar piece of LAW. Oh yes, the people in power are not “liked” but they are still in power passing whatever they want.

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