Medicare Part B premiums to decrease for the first time in over a decade

Summary by Ground News
The Centers for Medicare and Medicaid Services has released the 2023 premiums, deductibles, and coinsurance amounts for fee-for-service Medicare Part A and Part B. Part B covers physician and outpatient hospital services, certain home health services, durable medical equipment, and certain other medical and health services not covered by Part A. CMS said it would soon release premiums and cost-sharing information for 2023 Medicare Advantage and Part D plans.
Published 2 months ago · Washington, United States

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Millions of Americans will save on Medicare fees next year

WASHINGTON (AP) — For the first time in a decade, Americans will pay less next year on monthly premiums for Medicare’s Part B plan, which covers routine doctors’ visits and other outpatient care. The rare 3% decrease in monthly premiums is likely to be coupled with a historically high cost-of-living increase in Social Security benefits — perhaps 9% or 10% — putting hundreds of dollars directly into the pockets of millions of people.

2 months ago·United States
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Millions of Americans will save on Medicare fees next year

For the first time in a decade, Americans will pay less next year on monthly premiums for Medicare’s Part B plan, which covers routine doctors’ visits and other outpatient care

2 months ago·United States
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Seniors to get a break on Medicare Part B premiums in 2023

Medicare beneficiaries will see their Part B premiums decrease in 2023, the first time in more than a decade that the tab will be lower than the year before, the Centers for Medicare and Medicaid Services announced Tuesday.

2 months ago·Atlanta, United States
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Medicare standard Part B premiums will drop by 3% next year, to $164.90

Lower-than-expected spending on Part B is allowing the Medicare program to reduce next year's premiums for beneficiaries.

2 months ago·United States
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Seniors to get a break on Medicare Part B premiums in 2023

By Tami Luhby and Betsy Klein, CNNMedicare beneficiaries will see their Part B premiums decrease in 2023, the first time in more than a decade that the tab will be lower than the year before, the Centers for Medicare and Medicaid Services announced Tuesday.President Joe Biden is set to highlight the drop in premiums at an afternoon event in the Rose Garden on Tuesday, touting Democrats’ work to “protect and strengthen Medicare and lower health c…

2 months ago·Panama City, United States
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Medicare Part B premiums to decrease for the first time in over a decade

The Biden administration on Tuesday announced that Medicare Part B premiums will decrease in 2023, marking the first time this cost has been lowered in more than a decade. The Centers for Medicare & Medicaid Services (CMS) announced that Medicare Part B premiums would be lowered by three percent, or $5.20, going from $170.10 a…

2 months ago·Washington, United States
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