Medicare B increase by 21.60 to 170.10 (separate, university, security, costs)
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
how 16k ? the govt sets caps on advantage plan out of pockets .
The Medicare out of pocket maximum for Medicare Advantage plans in 2021 is $7,550 for in-network expenses and $11,300 for combined in-network and out-of-network expenses
there has to be more to that story or something doesn't make sense
The significant increase was partially due to 2021 premium cost limitation imposed by Congress due to Covid and the possibility that the super expensive Alzheimer's Drug will be covered by Medicare Part B. https://www.dol.gov/newsroom/economi...i_11102021.pdf
I think this increase is primarily due to soaring medical costs due to COVID hospitalizations of people who refused to get vaccinated. The premium increases should be passed on to those who refuse(d) to get vacciinated. Why should others have to pay?
I think this increase is primarily due to soaring medical costs due to COVID hospitalizations of people who refused to get vaccinated. The premium increases should be passed on to those who refuse(d) to get vacciinated. Why should others have to pay?
It's due to a new drug just approved by the FDA. The cost of this drug alone could end up being more than all of medicare's cost for one year.
https://finance.yahoo.com/news/why-2...192955705.html
In June 2021 the Food and Drug Administration, using its “accelerated approval pathway,” greenlit the use of Aduhelm, a $56,000-per-year Alzeimer’s disease medication produced by Swiss pharmaceutical company Biogen.
..
The Kaiser Family Foundation in July said it conservatively estimates the cost to Medicare of Aduhelm at $29 billion in one year, based on 500,000 Medicare patients getting the new drug. For perspective, the total Medicare spending for all physician-administered drugs in 2019 was $37 billion.
it isnt about how often do you see a doctor …..it is about mitigating the events that can happen that would be devastating financially .
despite being healthy both of us somehow got hospitalized with covid ….bills were 250k for both of us ..our share was under 1k for both
I've been on private insurance but will go on Medicare next year. But I'm confused about Medicare A and B.
Doesn't Medicare A (which is "free") cover hospitalizations? Yes, if I understand it correctly, it only covers 80%, and it's a good idea to get one "supplemental" or another.
And then does Medicare B strictly cover doctor office visits? (And is the $150-170 premium for Medicare B per month, not per quarter?) I typically have an office visit ("wellness checkup, blood draw) once per year. So it seems that just paying for the office visit myself rather than paying, what, $2,000/year for Medicare B would be the reasonable way to go? What am I missing?
I've been on private insurance but will go on Medicare next year. But I'm confused about Medicare A and B.
Doesn't Medicare A (which is "free") cover hospitalizations? Yes, if I understand it correctly, it only covers 80%, and it's a good idea to get one "supplemental" or another.
And then does Medicare B strictly cover doctor office visits? (And is the $150-170 premium for Medicare B per month, not per quarter?) I typically have an office visit ("wellness checkup, blood draw) once per year. So it seems that just paying for the office visit myself rather than paying, what, $2,000/year for Medicare B would be the reasonable way to go? What am I missing?
part b covers the outpatient stuff
we had tens of thousands in outpatient bills part b covered after we both were hospitalized with covid .
the hospitals put you on home care when you are released and most of that was part b
so once again , nothing is a problem until its a problem
I've been on private insurance but will go on Medicare next year. But I'm confused about Medicare A and B.
Doesn't Medicare A (which is "free") cover hospitalizations? Yes, if I understand it correctly, it only covers 80%, and it's a good idea to get one "supplemental" or another.
And then does Medicare B strictly cover doctor office visits? (And is the $150-170 premium for Medicare B per month, not per quarter?) I typically have an office visit ("wellness checkup, blood draw) once per year. So it seems that just paying for the office visit myself rather than paying, what, $2,000/year for Medicare B would be the reasonable way to go? What am I missing?
Part B covers more than just doctor visits. Here's an explanation:
I've been on private insurance but will go on Medicare next year. But I'm confused about Medicare A and B.
Doesn't Medicare A (which is "free") cover hospitalizations? Yes, if I understand it correctly, it only covers 80%, and it's a good idea to get one "supplemental" or another.
And then does Medicare B strictly cover doctor office visits? (And is the $150-170 premium for Medicare B per month, not per quarter?) I typically have an office visit ("wellness checkup, blood draw) once per year. So it seems that just paying for the office visit myself rather than paying, what, $2,000/year for Medicare B would be the reasonable way to go? What am I missing?
Just as an example; Medicare B pays $9200 every three weeks for my wife's cancer immunotherapy infusion. As well as the cost of the expensive PET scans she has needed (among other things).
So they are saying that part B is going up because of this new Alzheimer drug.
Why wouldn't that fall under part D for drugs and have that go up rather than part B ?
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
