I read an Associated Press article by Ricardo Alonso-Zaldivar regarding the possibility of a cut in 2022 Part B premiums and thought I’d share. However, it is NOT a done deal yet, so don’t get too excited quite yet! Time will tell if this decrease in Part B premiums turns into a reality.
Excerpts:
"WASHINGTON (AP) — Medicare said Thursday it’s considering a cut in
enrollee premiums, after officials stuck with an earlier decision to
sharply limit coverage for a pricey new Alzheimer’s drug projected to
drive up program costs."1
"The agency “is looking at that, and is still going through the process,” spokeswoman Beth Lynk said of a potential reduction in premiums….”1
"The projected cost of Aduhelm was a major driver behind a $22 increase in Medicare’s Part B premium this year, boosting it to $170.10 a month.”1
"Doctors have been hesitant to prescribe it, given weak evidence that the drug slows the progression of Alzheimer’s. Insurers have blocked or restricted coverage over the drug’s high price tag and uncertain benefit.”1
"Officials said that if it or any other similar drug in its class were to receive what’s called “traditional” FDA approval, then Medicare would open up broader coverage for patients. Such approval is granted when a medication shows a clear clinical benefit.”1
To read the entire Associated Press article by Ricardo Alonso-Zaldivar, click on the web link below:
1. Source: Associated Press article by Ricardo Alonso-Zaldivar
https://apnews.com/article/business-health-lifestyle-clinical-trials-medication-e261886b344ed61af3606c29efcd9ed5
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