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Tue Dec 17, 2019, 02:09 PM

6.3% increase in Medicare premium.

Last edited Tue Dec 17, 2019, 07:56 PM - Edit history (2)

Just received my quarterly Medicare bill. It's up 6.3% this quarter.

Gotta pay for that tax break to billionaires....

F Trump and all the MAGAts.

9 replies, 961 views

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Response to Sogo (Original post)

Tue Dec 17, 2019, 02:13 PM

1. Are you talking about a premium increase?

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Response to redstatebluegirl (Reply #2)

Tue Dec 17, 2019, 02:27 PM

4. No one said it is free

And neither is your employer based insurance. Taking the profit motive out of our healthcare system is what will reduce costs. Private insurance doesn't do that and that is why it is so expensive and inefficent. People need to find that out.

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Response to redstatebluegirl (Reply #2)

Tue Dec 17, 2019, 02:49 PM

8. If that's the case you're a very fortunate person indeed

to have an employer that pays so much of your health premiums.

Most people don't have that privilege. My husband and I have been paying $1K/mo out of pocket for 10 years. It's a pretty good (not cadillac) policy that his union pays a small amount toward. Medicare will be a godsend for us.

I suspect there are far more people in my shoes than yours.

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Response to Sogo (Original post)

Tue Dec 17, 2019, 02:23 PM

3. That's with a 1.6% COLA for Social Security for next year.

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Response to Sogo (Original post)

Tue Dec 17, 2019, 02:29 PM

5. $144 a month starting January 2020

Just got mine too.

What’s the math you did to arrive at 19%

It goes up every year, or so it seems

We are sitting ducks 🦆

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Response to Sogo (Original post)

Tue Dec 17, 2019, 02:29 PM

6. That's interesting. That's probably why my Medicare Advantage plan didn't raise

it's premium this year. They'll get a boost from my raise in premiums for Medicare. See, they get that from the government, even though I pay it as a decrease in my SS payment.

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Response to Sogo (Original post)

Tue Dec 17, 2019, 02:43 PM

7. Just got my Social Security statement thing yesterday.

I'll have an additional $18 each month. Which isn't very much, but it's better than the zero increases I had my first three years on SS.

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Response to PoindexterOglethorpe (Reply #7)

Tue Dec 17, 2019, 06:36 PM

9. My 1.6% increase in what I get from Social Security is just about the same amount as my yearly

rent increase in my rent here that I received last month. Of course the cost of groceries and sundry items has increased too. No wonder I can't get ahead!

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