Talk of The Villages Florida - View Single Post - 2016 Medicare beneficiaries premium up 52% to $160
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Old 10-09-2015, 10:49 AM
shcisamax shcisamax is offline
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Default 2016 Medicare beneficiaries premium up 52% to $160

This affects anyone newly claiming benefits beginning in 2016. Prior claimants will remain at the $105 or possibly go to $120.

I find it amazing the news has not been reporting until yesterday that all new 2016 medicare beneficiaries will face a 52% hike in the part B premium.

The deal is pretty much done but they are still trying to see if there is a way not to raise it to the 52%.

Anyone who is turning 65 in 2016 or after should be calling their senators and congressman's office.

The questions I have are:

1. Why has this not been public info until now (even most of the insurance agents didn't know) - decisions will be made next week?

2. Why is the excessive cost being passed on to new beneficiaries instead of spreading the the costs over the remaining 70% of the recipients? Is this the beginning of step up financing where every couple years they bring people on at a higher cost?

3. What is the alternative solution they are considering?

If this is not going to go through as above, people need to pick the phone today.

Last edited by shcisamax; 10-09-2015 at 11:21 AM.