Medicare Cost Increases

The same time it was announced that Social Security recipients won’t receive any increases in their benefits, the government announced that certain Medicare participants would be paying dramatically higher premiums for Medicare Part B, the highest price jump in the program’s history. In general, the higher premiums will affect 30% of 2016 Medicare beneficiaries – roughly 7 million […]

Medicare Fix-It (for now)

Congressional leaders and the Obama Administration have fixed the potentially alarming increase in Medicare Part B premiums under the recently-passed government budget deal. Medicare Part B covers most health care services outside of hospitals, and thus represents one of the biggest expense items in the government-run health system.  The program is voluntary, but 91% of all Medicare[…..]