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Medicare Part B premiums may increase 52 percent
(By - Dori Zweig, www.fiercehealthpayer.com)
Nearly a third of Medicare beneficiaries may face a 52 percent increase in Part B premiums unless the Department of Health and Human Services (HHS) steps in. The projected increase stems from Social Security and Medicare rules, reports the Wall Street Journal. Due to low inflation, Social Security isn’t expected to pay a cost-of-living increase in 2016. So Medicare must evenly spread the projected premium increase across the 30 percent of individuals who don’t qualify for the Social Security provision known as “hold harmless.” Read more…
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