Medicare Part B is likely increasing in 2024

Duaine

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Medicare Part B is likely increasing in 2024
Due to a new Alzheimer's treatment coming to the market (Leqembi, from pharmaceutical companies Eisai and Biogen), Medicare beneficiaries are expected to pick up the cost. Therefore, Medicare Part B prices are expected to increase in 2024. The costs are projected to go up from the current $164.90 to $174.80, a nearly $10 increase per month.

Leqembi is a treatment for those in the early stages of Alzheimer's disease.

https://www.cnet.com/personal-finance/medicare-premiums-are-going-up-in-2024-heres-how-much/
 
Medicare Part B premiums could rise by about $15 a month in 2024 to a total of about $179.80 per month, according to a projection from The Senior Citizens League, a nonprofit that advocates on issues affecting seniors.Aug 1, 2023
 
This is the second time a Part B increase is being blamed on a Alzheimer's drug. Could it be due to increased utilization and inflation?
 
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