News Headlines Article

Medicare Rates Set to Soar
The Wall Street Journal

Congressional lawmakers so far have failed to agree on a way to stave off an unprecedented premium increase for millions of Medicare recipients for 2016.

That is creating uncertainty for many seniors on Medicare Part B, which covers outpatient care such as doctor’s visits. About 30% of the roughly 52 million people enrolled in Part B could see a 52% rise in those premiums if Congress and the Obama administration don’t find a way to freeze or reduce the increase.

Open enrollment for Medicare for 2016 starts Thursday, though Congress could subsequently act to prevent the rise.

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