Medicare Support Group
This community is dedicated to discussing the pros and cons of Medicare, and how best to use Medicare to improve your health. Medicare is the name given to a health insurance program administered by the United States government, covering people who are either age 65 and over, or who meet other special criteria.
Medicare Part B premiums for 2022 jump by 14.5% from this year, far above the estimated rise in cost
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check out that smoke ring. It tasted really good. I smothered it with Maulls BBQ sauce which is Local to St. Louis and one of the best I ever had.....
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I was recently separated from my wife of 33 years and it's complicated. Anyway I rented a room about 15 minutes away and I see my kids about once a week. I see the people who own the house I live in once in a while but other than that I stay in my room where I do my cooking, wash dishes in the shower, read, color, and sleep. I get out at least once a day. I grocery shop and I attend 2 meetings...
Today, the Centers for Medicare & Medicaid Services (CMS) released the 2022 Medicare Parts A and B premiums, deductibles, and coinsurance amounts, and the 2022 Part D income-related monthly adjustment amounts. Most people with Medicare will see a 5.9 percent cost-of-living adjustment (COLA) in their 2022 Social Security benefits—the largest COLA in 30 years. This significant COLA increase will more than cover the increase in the Medicare Part B monthly premium.
Medicare 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. The increase in the standard monthly premium—from $148.50 in 2021 to $170.10 in 2022—is based in part on the statutory requirement to prepare for expenses, such as spending trends driven by COVID-19, and prior Congressional action in the Continuing Appropriations Act, 2021 that limited the 2021 Medicare Part B monthly premium increase during the COVID-19 pandemic. It also reflects the need to maintain a contingency reserve for unanticipated increases in health care spending, particularly certain drug costs.