Estimates for the 2021 Part B premium have been tricky due to the pandemic
Normally, this time of the year we would be reporting how much the standard Medicare Part B premium will be for next year, but this is or was, not a normal year. Estimates for the 2021 Part B premium have been tricky due to the coronavirus pandemic and its effect on health care services. However, as part of a short-term government funding billed passed by the House last week, Congress may be poised to head off a potential premium spike for some Medicare beneficiaries. Although the Senate could seek changes to the bipartisan House-approved funding bill, if not, and the House provision makes it into the final funding bill, any increase to the part B premium would be capped at 25 percent of what it otherwise would be for 2021. Read Sarah O’Brien’s article for CNBC here…
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