Medicare will be 50 years old this month and Medicare’s Board of Trustees released a report this week that among other things, indicated a possible significant increase in Medicare Part B Premiums beginning next year.  While this increase would potentially affect only about 30% of beneficiaries, it could be significant.  Part B premium increases are common but usually small.  The potential increase would primarily affect new beneficiaries and higher income beneficiaries.  The head of Medicare will make a final decision this October.  The report also reported that the Hospital fund is expected to be solvent until about 2030.  You can read more about the report in the article linked below.

If you have questions about Medicare, contact David Higgs of Choices In Medicare at www.ChoicesInMedicare.com.

http://khn.org/news/good-news-bad-news-in-medicare-trustees-report/