Friday, September 18, 2015

MEDICARE PART B - 52% INCREASE JANUARY 1


$159.30 is the new normal for those ageing in to Medicare.
Medicare Part B prices impact everyone on Medicare, regardless, of whether they have a Medicare Supplement or Medicare Advantage, and Part B prices are going UP! Since there is a 'hold harmless' law, current members cannot be given an rate increase since there is NO Cost of Living increase for Social Security coming. That means the 52% increase in Part B will be felt by those who don't have their Part B taken from SS ( a weird loophole), those who will be aging into as of Jan.1, and those with higher incomes that didn't pay the standard $104.90.