topic Re: Medicare part B decrease 2023 in Community Chat

Medicare part B decrease 2023

northiie57 — Tue, 27 Sep 2022 19:44:38 GMT

Dropping a little over $5 monthly

Re: Medicare part B decrease 2023

golding76 — Tue, 27 Sep 2022 19:49:37 GMT

Nice and helpful things are being done for us all over the place. We simply need to acknowledge them.

Thanks!

Re: Medicare part B decrease 2023

CelticCrafter — Tue, 27 Sep 2022 19:54:35 GMT

Our Part D is also going to go down by $3.60 a month.

Just waiting to see what our Supplement will increase by.

Re: Medicare part B decrease 2023

chrystaltree — Tue, 27 Sep 2022 19:58:07 GMT

Very good news for SSA beneficiaries.

Re: Medicare part B decrease 2023

Jaspertimes — Tue, 27 Sep 2022 20:08:00 GMT

@northiie57 wrote:
Dropping a little over $5 monthly

That's because of the historic increase up 21.60 in 2022 because of an Alzheimer's drug that's price was subsequently greatly reduced yet no adjustment was made. Just leveling it back out. My supplement is increasing by 24%.

Re: Medicare part B decrease 2023

deepwaterdotter — Tue, 27 Sep 2022 20:09:32 GMT

@CelticCrafter wrote:
Our Part D is also going to go down by $3.60 a month.

Just waiting to see what our Supplement will increase by.

Our supplement is decreasing by half, hope yours does too.

Re: Medicare part B decrease 2023

Jaspertimes — Tue, 27 Sep 2022 20:11:33 GMT

@deepwaterdotter wrote:
@CelticCrafter wrote:
Our Part D is also going to go down by $3.60 a month.

Just waiting to see what our Supplement will increase by.
Our supplement is decreasing by half, hope yours does too.

Can you please say what supplement you have? Shopping for myself.

Re: Medicare part B decrease 2023

deepwaterdotter — Tue, 27 Sep 2022 20:42:14 GMT

@Jaspertimes We have employer-sponsored Blue Cross/Blue Shield through my husband's retirement plan.

Re: Medicare part B decrease 2023

Jaspertimes — Tue, 27 Sep 2022 20:39:22 GMT

Wow, 50% reduction I can't imagine. Lucky you!!

Re: Medicare part B decrease 2023

pieman — Tue, 27 Sep 2022 20:43:37 GMT

Whenever you see a decrease in monthly premium, usually mean 10 things that will no longer be paid for..

Re: Medicare part B decrease 2023

deepwaterdotter — Tue, 27 Sep 2022 20:49:06 GMT

@pieman I wondered about that too. Just received our 2023 handbook and it looks like coverage is the same as last year.

Re: Medicare part B decrease 2023

Mom2Dogs — Tue, 27 Sep 2022 20:55:05 GMT

My drug plan is dropping slighty but the deductible is going up.

Re: Medicare part B decrease 2023

Desert Lily — Tue, 27 Sep 2022 22:01:32 GMT

The Medicare Part B monthly payment will decrease by $5.20 to $164.90 in 2023. The Medicare Part B deductible will be $226 in 2023, a decrease of $7 from 2022.

Re: Medicare part B decrease 2023

deeva — Tue, 27 Sep 2022 23:27:57 GMT

My Part D is going up $5.

Re: Medicare part B decrease 2023

gertrudecloset — Tue, 27 Sep 2022 23:53:53 GMT

Hey, I'll take the $60.00 per year back....I'm never going to complain about someone giving me back something they took.

Thanks for the heads up @northiie57

Re: Medicare part B decrease 2023

gertrudecloset — Wed, 28 Sep 2022 00:03:06 GMT

@pieman wrote:
Whenever you see a decrease in monthly premium, usually mean 10 things that will no longer be paid for..

@pieman That's not true for true Medicare. Medicare really doesn't change that much from year to year. The Advantage Plans (HMO's PPO's, POS) which are known as Part C plans usually give you added stuff that Medicare doesn't pay for. Medicare needs to be adding things imho, but it hasn't taken away any benefit that I can recall.

Traditional Medicare is the gold standard of coverage: It allows beneficiaries to visit nearly any healthcare provider in the United States, a feature that has become extremely hard to find in any health insurance plan and one that may be a matter of life and death if you receive a diagnosis of a serious illness and want to seek out care from a top-rated specialist or facility that may not be in your managed-care network.

https://www.morningstar.com/articles/1088562/big-changes-may-be-coming-to-traditional-medicare

Re: Medicare part B decrease 2023

781Florist — Wed, 28 Sep 2022 02:51:46 GMT

Last year when they trumpeted the BIG COLA raise we got I was really excited until my Part B increase, my BCBS MedEX Supplement Increase and my Part D Prescription Plan Increase practically ate all of the raise up. Also, as a result of the SS "increase" my snap benefits were reduced by $41.00 a month. When I told SNAP that the increase was eaten up by insurance premiums they said they were sorry but they don't count insurance increases just the total benefit amount. After all was said and done I actually was a little worse off than before my "raise!" I am afraid to think what this new historic increase will do to me.

Re: Medicare part B decrease 2023

catmama — Wed, 28 Sep 2022 17:34:53 GMT

Had sticker shock with my Part D for 2023. The monthly premium is going from $20 to $58!!! My husband's dropped from $11.80 to $11.20. Needless to say I am shopping around for cheaper coverage. I have two prespections, one for cholesterol and one for GERD.

Re: Medicare part B decrease 2023

Jaspertimes — Wed, 28 Sep 2022 17:48:20 GMT

@catmama wrote:
Had sticker shock with my Part D for 2023. The monthly premium is going from $20 to $58!!! My husband's dropped from $11.80 to $11.20. Needless to say I am shopping around for cheaper coverage. I have two prespections, one for cholesterol and one for GERD.

That's how I felt about 24% increase on my Medicare supplement

Re: Medicare part B decrease 2023

geezerette — Wed, 28 Sep 2022 18:22:11 GMT

My Part D premium is going up by about what the Part B is going down. And the deductible is going up almost $100, along with copays for generic drugs.

I'm not looking forward to seeing what the supplemental will do.