Why Medicare Premiums Will Increase In 2022




Seniors with Medicare will have to pay more than $ 20 more a month in premiums next year– a large increase that officials attribute in part to possible coverage of an expensive and controversial new Alzheimer’s drug.

The Biden government announced Friday that the monthly premium for Medicare Part B, which covers services like doctor’s office visits, will increase by $ 21.60from $ 148.50 in 2021 to $ 170.10 in 2022. Officials said it’s one of the biggest increases in recent years.

Biden administration officials stressed Friday that most Medicare beneficiaries will also receive a large cost-of-living increase in their Social Security payments next year, which they said will more than offset the increase. of Medicare costs for many seniors.

However, Democrats claim that the news demonstrates the need to control drug prices, pointing out the provisions of the plan Build Back Better from President Biden to lower drug costs.

“Rising drug prices not only make it harder for seniors to afford the drugs they need to save their lives, it also drives up premiums for doctor visits and outpatient care“Said House of Representatives President of Energy and Commerce, Frank Pallone Jr.

“This financial double whammy simply cannot continue, and that is why the Congress Must Pass Medicare’s Bicameral Prescription Drug Agreement which was included in the Build Back Better Act last week ”.

About half of that increase is due to contingency planning to make sure the program has enough money to pay for an expensive new Alzheimer’s drug, whether Medicare decides to cover it, said an official with the Centers for Medicare & Medicaid Services.

That drug, called Aduhelm and made by the Biogen company, has sparked controversy both because of its price, $ 56,000 a year, and because the Food and Drug Administration approved it despite doubts from experts about its effectiveness.

As explained by the FDA, aducanumab, produced by the pharmaceutical company Biogen under the brand name Aduhelm, is the first drug approved to attack the triggering process of dementia, rather than just treating your symptoms.

The FDA, while acknowledging that clinical trial data is not yet conclusive, considered that there was “substantial evidence” for approval.

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