Reply
Honored Contributor
Posts: 13,046
Registered: ‎03-09-2010

Re: Medicare part B decrease 2023

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

Honored Contributor
Posts: 12,408
Registered: ‎03-09-2010

Re: Medicare part B decrease 2023

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

 

Respected Contributor
Posts: 3,531
Registered: ‎06-24-2011

Re: Medicare part B decrease 2023

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.

Respected Contributor
Posts: 3,654
Registered: ‎03-09-2010

Re: Medicare part B decrease 2023

My Part D is going up $5. 

Esteemed Contributor
Posts: 7,776
Registered: ‎02-13-2021

Re: Medicare part B decrease 2023

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 





A Negative Mind ~ Will give you a Negative Life
Esteemed Contributor
Posts: 7,776
Registered: ‎02-13-2021

Re: Medicare part B decrease 2023


@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

 





A Negative Mind ~ Will give you a Negative Life
Valued Contributor
Posts: 853
Registered: ‎10-16-2021

Re: Medicare part B decrease 2023

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.

Valued Contributor
Posts: 517
Registered: ‎01-07-2011

Re: Medicare part B decrease 2023

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.  

Super Contributor
Posts: 427
Registered: ‎06-14-2010

Re: Medicare part B decrease 2023


@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 

 

Honored Contributor
Posts: 19,751
Registered: ‎03-16-2010

Re: Medicare part B decrease 2023

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.