6.3% increase in Medicare premium.

[Sogo]

Last edited Tue Dec 17, 2019, 08:56 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.

[AJT]

1. Are you talking about a premium increase?

[Bradshaw3]

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.

[Doremus]

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.

[mnhtnbb]

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

[OhNo-Really]

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 🦆

[MineralMan]

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.

[PoindexterOglethorpe]

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.

[abqtommy]

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!