Medicare Part B premiums may increase in 2024, prompted by a new Alzheimer’s treatment

Duaine

Guru
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One of the costs retirees pay — Medicare Part B premiums — may be increasing in 2024, driven by a new Alzheimer’s treatment on the market.

The Medicare trustees projected in March that the standard monthly Part B premium may increase to $174.80 in 2024, an almost $10 monthly increase from the $164.90 standard monthly premium beneficiaries are currently paying.


Since that prediction, Leqembi, a treatment targeted at early stages Alzheimer’s disease, has come under Medicare coverage following traditional approval from the Food and Drug Administration.

https://www.cnbc.com/2023/07/20/med...-increase-in-2024-due-to-alzheimers-drug.html
 
They go from $148.50 to $170.10 because of this medication. They then decide they won’t cover the medication and drop it to $164.90. Now they’ve approved the medication and might go to $174.80. Makes perfect sense.
 
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