Health Insurance Matters: Real Medicare costs
I am hearing people griping over the high costs of health insurance and Medicare in particular. First off, for those individuals and families looking to get health insurance,
Today I want to talk about Medicare. Yes, the premiums have gone up, and at first glance, possibly through the roof in some people's opinion. It fairly priced in my opinion. Just ask any employer who offers decent coverage, and they will tell you that their employees, say age 60-64, are costing well over
Medicare just announced that the Part B premium will be
AND, these people are still getting a break! The true cost of Part B, the medical benefit, is in reality
Switching to the Part D prescription benefit. This benefit costs the consumer typically the published price of the plan they contract with. They start as low as
How can the
I haven't touched on Medicare Part A, the hospital benefit. People often refer to this as a free benefit as there is rarely a billing for coverage. There was a bill, as each time the working person had a
As new pharmaceuticals are created, as newer technology is created and as the field of medicine continues to grow, we will see the costs increase. So here we are, living longer using the medical arts and complaining of the cost. The other side of the coin is bloodletting and "health elixirs" sold out of the back of a buckboard wagon.
And to you all,
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