Tag: Medicare Part B

The brief’s key findings are: Even with Medicare coverage and ignoring long term care, retirees face sizable out-of-pocket costs for premiums, copays, and uncovered services. One way to gauge this burden is to look at how much these medical costs eat into their Social Security benefits and other income. After subtracting these costs, the typica…

In November 2021, the Centers for Medicare and Medicaid Services (CMS) announced that the Medicare part B premium would increase by 14.5 percent. Roughly half of this increase was attributable to the need to create a contingency reserve to cover significantly higher expenditures associated with Aduhelm, Biogen’s controversial new drug aimed at slowing the loss…