Big Price Hikes Coming for Medicare Premiums 2016

published 24 August 2015

Retirees, adjust your budget: Double-digit price hikes for Medicare Part B premiums are coming next year.

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those who enroll in Part B in 2016,
people who don’t have their premiums deducted from Social Security payments,
individuals with annual incomes above $85,000,
and people eligible for both Medicare and Medicaid.For the last group, known as “dual eligibles,” Part B premiums are paid by the state where they live.Medicare beneficiaries in these groups would see bills jump to $159.30 a month unless the Obama administration took steps to lessen the pain. That’s possible, but not certain.

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