Alzheimer’s drug cited as Medicare premium
jumps by $21.60
Associated Press,
by
Ricardo Alonso-Zaldivar
Original Article
Posted By: Ribicon,
11/12/2021 6:44:31 PM
Washington—Medicare’s “Part B” outpatient premium will jump by $21.60 next year, one of the largest increases ever. Officials said Friday a new Alzheimer’s drug is responsible for about half of that.
The increase guarantees that health care costs will gobble up a big chunk of the recently announced Social Security cost-of-living allowance, a boost that had worked out to $92 a month for the average retired worker. Medicare officials told reporters on Friday that about half the increase is attributable to contingency planning if the program has to cover Aduhelm, a new $56,000-a-year medication for Alzheimer’s disease.(Snip)The new Part B premium will be $170.10
Because of the massive upsurge in demand for it by Comrade Potato Head, no doubt.
22 people like this.
Reply 2 - Posted by:
stablemoney 11/12/2021 6:57:08 PM (No. 975742)
The great annual increase in social security benefits scam is that the great annual increase in medicare premiums erases all the increase. It gives the government officials a big laugh.
26 people like this.
Reply 3 - Posted by:
Joni Gal 11/12/2021 7:03:37 PM (No. 975745)
I guess I am just stupid because I don't understand why this premium is going up. Part B does not pay my drugs. I have to pay separately for drug coverage which is awful because of the drug deductibles now. I am tempted to buy the plan that is 6.95 and pay for my drugs myself. I do not take 450.00 worth of drugs. You have to take the drug coverage or be penalized.
13 people like this.
Reply 4 - Posted by:
jalo1951 11/12/2021 7:05:50 PM (No. 975748)
So I got a SS raise, Part B payment went up and inflation will get the rest. Thanks joe. FJB Also, let's be careful with passing out that medication to every oldster who can't remember what he had for breakfast three days ago. When my mother was suffering from Alzheimer's and we were paying out our butts for the Alzheimer's medication she was on I started researching. It had almost no success, but it might help, it needed to be prescribed at the beginning of the Alzheimer's diagnosis, she had been suffering for over five years, but it might help. We dropped the medication. It was costing a thousand a month, a heck of a lot less that this "new" medication. But we did and the medical care director told us that he wished more families would do the same. Told us he had never seen anyone improve but most families hung on to any little bit of hope. Watched my Grandmother deal with Alzheimer's and knew there was no silver lining when dealing with this disease. Just enjoy any good moments you might have with your loved one.
33 people like this.
Reply 5 - Posted by:
Rubinski 11/12/2021 7:13:53 PM (No. 975753)
Medicare part D pays for medicine.
15 people like this.
Reply 6 - Posted by:
RedWhite&Blue2 11/12/2021 7:40:42 PM (No. 975778)
The disunited states of corporate pharmaceutical big tech media social media rising prices far fewer liberties lies thieves rioters looters race hustlers commies Marxists invaders and government frauds....
That ain’t my America
Born in 1776
Murdererd in 2021
FJB
MAGA
15 people like this.
Reply 7 - Posted by:
voxpopuli 11/12/2021 8:11:45 PM (No. 975804)
"..said Medicare chief Chiquita Brooks-LaSure.."
wow
where to start
7 people like this.
Reply 8 - Posted by:
Island Life 11/12/2021 8:34:37 PM (No. 975820)
So in the Spring when Medicare decides the drug isn't worth being covered and that the increase for Medicare should reduce down to only $10, the Biden Administration will say No Way. And keep that increase that seniors are paying to cover all the illegals Biden invited to the U.S. F*** Joe Biden.
17 people like this.
Reply 9 - Posted by:
cor-vet 11/12/2021 8:42:11 PM (No. 975829)
Of course we can't let regular citizens keep their increased COLA. We can let the billionaire big pharma CEO'S have it, minus 10% for the big guy.
13 people like this.
Reply 10 - Posted by:
watashiyo 11/12/2021 8:45:52 PM (No. 975831)
Attempted to cancel plan B, and they wouldn't let me. Can't let it expire cuz it's automatically deducted from the SS check. Stuck and permanently on government HOOK!
11 people like this.
Reply 11 - Posted by:
lakerman1 11/12/2021 8:46:34 PM (No. 975833)
#3, I'm not certain, but I believe that when a drug is injected at a physician's office, the total cost falls under Medicare Part B.
6 people like this.
Reply 12 - Posted by:
danu 11/12/2021 9:00:55 PM (No. 975845)
Will half of congress have to protect their supply.?....kicking up another 10% to the Big Guy ?
Tune in to the next episode of .....As Clown World Burns.
5 people like this.
Reply 13 - Posted by:
marbles 11/12/2021 9:01:24 PM (No. 975846)
And all those " free" vaccines............nothing is free.
10 people like this.
Reply 14 - Posted by:
ThreeBadCats3 11/12/2021 9:17:39 PM (No. 975855)
Cheap at twice, or ten times the price, or one tenth the price, since it probably doesn’t work. Is Grandpa Joe taking it? If he starts making sense, that would make a nice advertisement. No doubles allowed.
4 people like this.
Good thing Medicare is "free" so, hey Medicare for all...right?
6 people like this.
Reply 16 - Posted by:
red1066 11/12/2021 10:45:05 PM (No. 975920)
Alzheimer's is a death sentence. There is no medication to slow it down or reverse it. Once a person is diagnosed with it, it's only a matter of time before that person dies. In my father's case, the doctor told me that at some point, your father will stop eating. It took about three years, but it happened and he passed away three months later. My father was on several different medications, none of them made one bit of difference in his memory or his health.
10 people like this.
Reply 17 - Posted by:
lakerman1 11/12/2021 11:41:29 PM (No. 975938)
If it does slow the plaque deposits, of Alzheimer's, shouldn't it be taken by people prior to developing Alzheimer's?
7 people like this.
Reply 18 - Posted by:
caljeepgirl 11/13/2021 12:22:23 AM (No. 975946)
#11, yes, per the article, that is the correct distinction. So, worse luck....since most drug expenses would NORMALLY be handled with Part D. Sounds like a total ripoff to me!! I'm thinking this isn't going to go down well at all!
4 people like this.
Reply 19 - Posted by:
homefry 11/13/2021 7:25:40 AM (No. 976113)
There goes all of it and more of the biggest raise in SS in years, set to come next year.
I WINDERED why brandon would allow the raise, now I know. Attempting to soften the blow that the rise in medicare would make in the 2024 election.
2 people like this.
Reply 20 - Posted by:
bigfatslob 11/13/2021 9:42:22 AM (No. 976221)
Some days I wish I was an illegal criminal border crosser who was separated from my family this is one of those days. FJB
1 person likes this.
Reply 21 - Posted by:
jacksin5 11/13/2021 9:53:27 AM (No. 976235)
Not unlike Coumo's thin out the herd policy sending Covid 19 patients to nursing homes and rehabs.
Bankrupt the seniors and the families that support them with a slew of drugs that will not improve their condition. As we speak, TV ads abound for various medications , that list possible side effects worse than the condition the were supposedly created to treat.
All of the "Name-Brand" meds are not fully covered by either Medicare Part B or Supplement Plans.
1 person likes this.
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Here's a drug that barely works, if at all, to the point where several FDA advisory board members resigned in protest over its approval. It will sell for $56,000 a year in the USA but for far less elsewhere, as part of a Big Pharma price-gouging scam that President Trump was moving to stop, and which aligned the industry against him.