Progressives Applaud Biden for Lowering Medicare Part B Premiums

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Progressives Applaud Biden for Lowering Medicare Part B Premiums
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'Democrats want to expand Social Security and Medicare,' said SSWorks president Nancy Altman. 'Republicans want to cut, privatize, and ultimately end both programs.'

. Medicare beneficiaries had to contend with a 14.5% increase in Part B premiums for 2022, which raised the monthly payments for those in the lowest income bracket to $170.10, up from $148.50 in 2021."the announcement"excellent news for seniors and people with disabilities who receive Medicare, most of whom have these premiums deducted directly from their Social Security payments."

"Importantly, Medicare beneficiaries will now get to keep all of next year's Social Security cost-of-living adjustment ," Altman continued."In past years, rising Medicare premiums have often consumed most or even all of the COLA increase for many beneficiaries. But next year, thanks to Medicare'sThe White House received

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