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Trusted Contributor
Posts: 1,892
Registered: ‎07-16-2021

Re: OMG! Medicare Part B sky high premium

Haven't seen the raise in what we will pay mentioned on the news even once....why not? 

Trusted Contributor
Posts: 1,892
Registered: ‎07-16-2021

Re: OMG! Medicare Part B sky high premium

Dropping my advantage plan wouldn't help me at all. None of my specialists accept regular Medicare, and more drs are only accepting Medicare patients unless they have other coverage as well. They get reimbursed by Medicare so little it is costing them big money to see basic Meid are patients. My biggest expense is my meds. I can't imagine them costing more next year but am sure they will....if I drop my advantage plan I would pay $1300 a month times three for meds I must take. Right now it is $56 times three which is more than enough. No generics available. My SIL has only regular Medicare and she is treated like a welfare case.....she can see only one dr in her area and he sends her halfway across town to see an oncologist who is one of the few who will see her. They are treating Medicare and Medicaid like they are the same programs, and they are not. 

Esteemed Contributor
Posts: 5,188
Registered: ‎03-11-2010

Re: OMG! Medicare Part B sky high premium


@elated wrote:

The Federal Government blamed the large hike on the pandemic but also what it called an uncertainty over how much it will have to be forced to pay for a pricey and controversial new Alzheimer's drug. Very sad how Senior citizens are treated. 

 

They are saying the inflation rate is 6.2%. Inflation is the highest it has been in 30 years. Living expenses are not going down anytime soon.


Inflation is a lot higher than 6.2% - they lie to us - pretending the economy is GREAT!!!! The stockmarket is being manipulated - everything is going down - but the stockmarket keeps hitting new highs.

Respected Contributor
Posts: 2,552
Registered: ‎02-14-2017

Re: OMG! Medicare Part B sky high premium

@kivah, the stock market and the economy are not the same thing.

@Duckncover, in some locations Medicare and Medicaid reimbursements are the same.
Trusted Contributor
Posts: 1,892
Registered: ‎07-16-2021

Re: OMG! Medicare Part B sky high premium

Am sure most of this thread will be poofed, but SS is something everyone deals with, now or later, so I hope the admin leaves it alone. My son who is in his thirties is a big stock investor.  He says has zero expectation of ever getting any SS when he is old enough for it...it simply won't be there any longer. That was a sobering thought for me! 

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Honored Contributor
Posts: 10,672
Registered: ‎03-09-2010

Re: OMG! Medicare Part B sky high premium


@Lucky Charm wrote:

Is it true that if you're age 65 or older and still full time employed and have good health insurance coverage, you still have to pay for Medicare coverage?  Even though you don't need it? 

 

Is then Medicare your primary coverage and you employment offered coverage your 'supplement'?

 

 


ETA:  To my original post on here, a good friend is turning 65, she still works full time, has great health benefits, but said she had to  sign up for Medicare.  

 

I was surprised to hear that she had to pay starting next month for Medicare coverage.  She plans on keeping her Aetna plan.  I've already texted her and said she needs to talk to her HR on Monday.  I hope it's not too late and they don't deduct.  Why pay for something you don't need, yet?  She has good coverage and plans to continue to work full time.  

 

Maybe it's up to her company to say yes or no to keeping her on their group health plan?  

 

@Carmie 

Honored Contributor
Posts: 15,258
Registered: ‎10-25-2010

Re: OMG! Medicare Part B sky high premium

@Lucky Charm   There are rules regarding this for people who are still working and are 65.

 

If you work for a company that employes less than 20 people you MUST go on Medicare Part A and B if your employer offers health insurance.  Medicare will be the primary insurance and the employees insurance plan will be secondary.  You do not need to buy supplemental insurance.

 

If the employer employs 20 or more employees, you do not have to sign up for Medicare Part B, but you will have Part A.  The employees insurance plan will be primary.

 

When you leave the employees health plan, it is important to notify Medicare and  Also, you must pick up Medicare Part B immediately.

Respected Contributor
Posts: 3,066
Registered: ‎12-13-2010

Re: OMG! Medicare Part B sky high premium


@Carmie wrote:

@SoonerLater   We have so many people who are not working right now.  If they aren't working, they aren't paying any taxes. It's scary.


People may not be working but Friday's unemployment numbers were the lowest in 4 decades...retail sales are up and continue at a steady pace. 

Honored Contributor
Posts: 10,672
Registered: ‎03-09-2010

Re: OMG! Medicare Part B sky high premium


@Carmie wrote:

@Lucky Charm   There are rules regarding this for people who are still working and are 65.

 

If you work for a company that employes less than 20 people you MUST go on Medicare Part A and B if your employer offers health insurance.  Medicare will be the primary insurance and the employees insurance plan will be secondary.  You do not need to buy supplemental insurance.

 

If the employer employs 20 or more employees, you do not have to sign up for Medicare Part B, but you will have Part A.  The employees insurance plan will be primary.

 

When you leave the employees health plan, it is important to notify Medicare and  Also, you must pick up Medicare Part B immediately.


Thank you so much for the info @Carmie   I'd remember reading that here earlier and when she started talking about having to start Medicare and paying for it, but is still working and has good health insurance, I'm so glad I could tell her this.  She's saying something tomorrow at work (HR).  Hopefully, they won't charge her?  She's not collecting SS, so I guess they would've sent her a bill.

Honored Contributor
Posts: 10,672
Registered: ‎03-09-2010

Re: OMG! Medicare Part B sky high premium


@ellaphant wrote:

@Carmie wrote:

@SoonerLater   We have so many people who are not working right now.  If they aren't working, they aren't paying any taxes. It's scary.


People may not be working but Friday's unemployment numbers were the lowest in 4 decades...retail sales are up and continue at a steady pace. 


That's great news because inflation is high right now (20 year high?).  Good that people can afford making purchases.  Unless they're getting into credit card debt doing it.