News Headlines Article

States ’shocked’ they’re on the hook for rising Medicare premiums
Modern Healthcare

State Medicaid agencies are bracing for hundreds of millions in new obligations thanks to a significant increase in Medicare premiums.This past summer, the 2015 Medicare Trustees Report projected Part B premiums would increase by 52%—up to $159.30 a month from $104.90. However, most Medicare beneficiaries will be spared as roughly 70% pay their Part B premiums through deductions from their Social Security benefit payments. A policy called “hold harmless” shields beneficiaries from any premium hikes that outpace cost-of-living increases.