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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSenior citizens will pay a lot more for Medicare in 2026
Senior citizens are the latest group of Americans to face steep increases in their health insurance premiums for 2026.
Medicare Part B premiums will jump nearly 10% next year, the largest increase in four years and second-largest hike, in dollar terms, in the programs history. The standard monthly premium will be $202.90, an increase of $17.90 from this year, according to the Centers for Medicare and Medicaid Services. That will eat up nearly one-third of the $56 monthly Social Security cost-of-living adjustment that retirees will receive in 2026.
The steep increase in premiums for Medicare Part B which covers doctors visits, outpatient hospital services, medical equipment and drugs administered by physicians, among other services comes at a time when health insurance premiums are rising sharply for those with job-based coverage and Affordable Care Act policies. This upward trend puts more pressure on Americans already struggling with affordability as the prices of food, utilities and other necessities remain stubbornly high.
In a world in which people are concerned about the affordability of health care and all other needs, its pretty distressing that this increase is so large, said Jeanne Lambrew, director of health care reform at The Century Foundation.
https://www.yahoo.com/news/articles/senior-citizens-pay-lot-more-110100720.html
Thanks to president piggy
vapor2
(3,527 posts)AZ8theist
(7,004 posts)markodochartaigh
(4,737 posts)dflprincess
(29,102 posts)Mine is taking a 16% jump.
popsdenver
(1,241 posts)figured out a way to totally get rid of social security and medicare, so they allow the Medical Industrial Complex RepubliCON Corporations to skim off more and more each year, until like the have said, they get it down to where they can drown it in a bathtub.
More evidence yet, that proves this is The United Corporations of America......they truly own the country, not the Dems or Repubs per se
MacKasey
(1,461 posts)Medicare was created in 1966, there should have been a plan to every year reduce the cost to the citizens till we do not have to pay and also have a supplemental plan.
I know Bernie's plan is Medicare for all but there's still a cost . it should be more universal Medicare where especially senior citizens do not have to pay.
we've already paid.
I'm just ranting on a Friday night!!
Wonder Why
(6,443 posts)The middle class, many of whom are on Medicare? The poorer younger people who are already paying taxes?
Not everybody can afford Medicare costs. But there are those that can. I have been paying for Medicare for nearly 14 years but I don't object to paying more because I can afford it and I know others can't. I've been paying taxes since I was 14 working after school at a local store because my parents didn't have a lot. But I never objected to paying taxes because that's the only way we have to fund our governments. It really gets me how many Americans, no matter how much they make or have, object to paying them. and, just as bad IMHO, are those that don't want to pay for things they think they don't need or want, whether it be for schools, defense, police and fire, helping the poor, or whatever it is that floats their boat.
Let's subsidize the poor on Medicare but letting everyone off because they're old is not a good idea. I'm glad Medicare costs so we all know that nothing in life is free, not even the clean air or water. We should have a stake in the cost, whether it be a penny because that's all we can afford or our fair share of the total cost of Medicare, even if it means we are subsidizing those of us who have less.
Whether it's the tax on our Social Security or the tax on the value of an electric or plug-in-hybrid car to make up for not paying gas tax but not based on how many miles are driven, we all have to pay and in the end most of us pay it in either taxes or pay for the service directly. And those that have the most should pay the most and not be entitled to special exemptions as they have always been given.
Medical care is not free anywhere. We all pay, one way or another.
That's my rant.
wolfie001
(6,662 posts)Stupid mf'ers. They're all racists and nazis as far as I'm concerned.
Warpy
(114,296 posts)I just want them gone out of our government with every fiber of my being.
They've done enough damage. The assholes.
LittleGirl
(8,917 posts)We were supposed to have healthcare covered because Ive been paying into it since 1976!
They are nickel and dime-ing us to death. Healthcare was non-profit when I paid in. Now, its only for the rich. Shameful and Ive only been on Medicare for a year.
Rant
LilElf70
(1,256 posts)for every citizen in the "richest country in the world".
Let that sink in.