From USA Today:
It’s official. Medicare costs will eat up much of older Americans' Social Security cost-of-living increase next year.
The standard monthly premium for Medicare Part B, which covers outpatient care, doctors' services, durable medical equipment and preventive service, will be $202.90 in 2026, the Centers for Medicare and Medicaid Services said on Nov. 14. That's up $17.90, or nearly 9.7%, from $185.00 in 2025. ...
Seniors were the only ones who saw an increase in poverty in 2024. All other age groups saw a decrease or stayed the same. ...
Cheap care isn't good care, and good care isn't cheap. I think most beneficiaries are happy to pay up a little for better care. My rates are going up as well but I don't mind, will hardly notice it in the long run. You should see what I'm paying for a new lakehouse this year, and then you'd see ridiculous!
ReplyDeleteMaking light of others pain is not very becoming.
DeleteA soulless individual. Enjoy your beachfront house.
DeleteJust because the president and his wealthy friends think it’s appropriate to flaunt their wealth and s**t less fortunate like characters in a Dickens or Fitzgerald novel doesn’t mean it’s actually fashionable.
DeleteThis is NOT the “Gilded Age” we were promised. 💃
ReplyDeleteEvery dollar counts.
ReplyDeleteEveryone is hunkering down and building up cash. It’s never been this bad,” Scheffel told CNN in a phone interview. “It’s very uncertain and impossible to plan in this environment.”
It always has.
ReplyDeleteTrump has told his army (Republicans) that the economy is fantastic so this minor rate increase for insurance will not matter to retired people.
ReplyDeleteUSA is good for scare stories. In fact while Medicare Premiums are going up, for the average Title II beneficiary the COLA is going up by $56 per month and the premium increase is $17.90 so it really only amounts to a third of the increase. And, for low income Title II beneficiaries, they may still qualify for Medicaid which covers that premium as well as providing Medicaid and for those that qualify for SLMB (income under $1585 in 2025 with limited resources, the premium gets paid for them. So, yes for those who don't qualify for these programs and with limited income, it does hurt but for most people on Medicare, the impact is not crushing.
ReplyDelete