The government announced a large increase in Medicare premiums, blaming the pandemic along with a pricey and controversial new Alzheimer's drug
The 14.5% increase in Part B premiums will take monthly payments for those in the lowest income bracket from $148.50 a month this year to $170.10 in 2022. Medicare Part B covers physician services, outpatient hospital services, certain home health services, medical equipment, and certain other medical and health services not covered by Medicare Part A, including medications given in doctors' offices. "Most people with Medicare will see a 5.
Medicare is the federal health insurance plan covering more than 62 million people, mostly 65 and older.
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