In their infinite short-term wisdom politicians fudged the 2021 Medicare Part B premium.
The premium increase was capped at 25% of the increase that normally would have occurred based on Medicare spending.
The Centers for Medicare and Medicaid services say that the legislation the president signed “significantly dampens the 2021 Medicare Part B premium increase.
I’ll say‼️ The premium should have been $160.00 to accurately reflect Medicare spending. instead, because of the cap the 2021 premium is $148.50, an increase of $3.90.
But remember, Medicare costs still increased and they will increase again in 2021. I wonder what the strategy will be to fudge the numbers in 2022 when it’s time to play catch-up?