Alzheimer’s drug cited as Medicare premium jumps by $21.60

By RICARDO ALONSO-ZALDIVAR
WASHINGTON (AP) — Medicare’s “Part B” outpatient premium will jump by $21.60 a month in 2022, one of the largest increases ever. Officials said Friday a new Alzheimer’s drug is responsible for about half of that.
The increase guarantees that health care will gobble up a big chunk of the recently announced Social Security cost-of-living allowance, a boost that had worked out to $92 a month for the average retired worker, intended to help cover rising prices for gas and food that are pinching seniors.
Medicare officials told reporters on Friday that about half the …

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2021-11-13 03:43:55