The Typical Medicare Beneficiary Has Close to 70 Different Medicare Advantage and Medicare Part D Stand-Alone Plan Options for 2023 November 17, 2022 Slide The Medicare open enrollment period that runs from October 15 to December 7 each year is an opportunity for Medicare beneficiaries in traditional Medicare and Medicare Advantage to evaluate their current coverage, compare plans, and decide whether to make a change for the coming year. Beneficiaries can compare Medicare Advantage…
Selected Out-of-Pocket Costs as a Share of the Average Social Security Benefit April 29, 2022 Slide Medicare premiums and cost sharing will account for an increasing share of Social Security benefits in the future, Medicare Trustees project.
The Growth in Share of Medicare Advantage Spending April 7, 2022 Slide Earlier this week, the Biden Administration announced the final Medicare Advantage rates for 2023, which are projected to result in an average increase in Medicare Advantage plan revenue of 8.5% compared to 2022 – the highest average expected increase in recent years. Payments to Medicare Advantage plans as a share…
Monthly Part B Premiums and Annual Percentage Increases January 12, 2022 Slide The $21.60 increase in 2022 is the largest in dollar terms since the start of the program, even though premiums have risen faster in percentage terms on three other occasions in the last 20 years
How Build Back Better Would Affect Drug Costs December 8, 2021 Slide Provisions in the bill that would lower prescription drug costs and reduce federal drug spending would take effect over the next several years, starting in 2023.
As Americans age, Medicare will pay for a growing share of the nation’s prescription drugs May 2, 2018 Slide
Under the President’s FY2019 budget, Medicare Part D enrollees would pay more out of pocket before qualifying for catastrophic coverage, but nothing after. February 15, 2018 Slide
ACOs produced relatively small net savings for Medicare relative to benchmarks in 2016 March 29, 2018 Slide