Medicare Part B Premium Surcharge

Nov 11, 2015

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  1. midwestbroker
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    midwestbroker Guru

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    So Medicare borrowed money against the general fund to keep Medicare Part B premiums down. This brought the premium for those not protected under the hold-harmless provision from $159.30 to $121.80.

    These beneficiaries are paying a $3 surcharge per month to repay the general fund (SMI - Supplemental Medical Insurance Trust Fund) until the fund is repaid in full. They predicted 5 years initially, then the retracted the 5 year mark to say "repaid in full."

    So, these beneficiaries will be paying $3 more per month for the next at least handful of years than anyone who had Medicare 2015 and prior.

    Am I interpreting all this correctly?
     
  2. Justin Bilyj
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    Justin Bilyj Guru

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    Yes, and now that they know they can do this, plan on this surcharge going up. It will be the tack on like health insurance plans post PPACA..
     
  3. wehotex
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    They should make ALL pay including the illegals who are getting it for free. Everyone should have some skin in the game.

    It sets Un unhappy precedent that the gutless politicians will use to "pass the buck" to future/current taxpayers.
     
    wehotex, Nov 11, 2015
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  4. sshafran
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    sshafran Guru

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    So, they can't afford $38 per month now, requiring this "fix" rather than paying the stupid premium, so they are "financing" it at $3 per month until it's repaid.

    Well that just about sums up everything with the general public's finances...
     
    sshafran, Nov 11, 2015
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