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Author Topic: Biden Administration Hikes Medicare Premiums, Blames Drug Costs and Pandemic  (Read 294 times)

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Online corbe

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Biden Administration Hikes Medicare Premiums, Blames Drug Costs and Pandemic
« on: November 13, 2021, 11:27:31 pm »
Biden Administration Hikes Medicare Premiums, Blames Drug Costs and Pandemic

By Zachary Stieber November 13, 2021

President Joe Biden’s administration on Friday announced it is raising Medicare premiums, a move it blamed in part on the cost of drugs.

The Medicare Part B standard monthly premium will rise by nearly $22 to $170.10 next year, the Centers for Medicare & Medicaid Services said.

“The increase in the Part B premium for 2022 is continued evidence that rising drug costs threaten the affordability and sustainability of the Medicare program,” Chiquita Brooks-LaSure, administrator of the agency, said in a statement.

“The Biden-Harris Administration is working to make drug prices more affordable and equitable for all Americans, and to advance drug pricing reform through competition, innovation, and transparency,” she added.

The move also stemmed from the limiting of the monthly premium increase this year in the Continuing Appropriations Act and from “spending trends driven by COVID-19,” the agency said. “It also reflects the need to maintain a contingency reserve for unanticipated increases in health care spending, particularly certain drug costs.”

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https://www.theepochtimes.com/biden-administration-hikes-medicare-premiums-blames-drug-costs-and-pandemic_4102350.html?utm_source=partner&utm_campaign=gp
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No government in the 12,000 years of modern mankind history has led its people into anything but the history books with a simple lesson, don't let this happen to you.

Online LMAO

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Re: Biden Administration Hikes Medicare Premiums, Blames Drug Costs and Pandemic
« Reply #1 on: November 13, 2021, 11:29:14 pm »
I'm surprised they didn't blame Trump

Nobody is buying their blame game
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Offline EdinVA

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Re: Biden Administration Hikes Medicare Premiums, Blames Drug Costs and Pandemic
« Reply #2 on: November 13, 2021, 11:49:24 pm »
So much for a 5% raise in medicare....
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Offline skeeter

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Re: Biden Administration Hikes Medicare Premiums, Blames Drug Costs and Pandemic
« Reply #3 on: November 14, 2021, 12:08:52 am »
Makes one wonder why Biden reversed Trump executive orders intended to lower prescription drug prices.
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Offline GtHawk

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Re: Biden Administration Hikes Medicare Premiums, Blames Drug Costs and Pandemic
« Reply #4 on: November 14, 2021, 02:58:50 am »
Quote from: EdinVA on November 13, 2021, 11:49:24 pm
So much for a 5% raise in medicare....

Why would this year be any different than previous years? The COL is always eaten up by Part B increases.
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Offline GtHawk

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Re: Biden Administration Hikes Medicare Premiums, Blames Drug Costs and Pandemic
« Reply #5 on: November 14, 2021, 03:04:42 am »
Quote from: skeeter on November 14, 2021, 12:08:52 am
Makes one wonder why Biden reversed Trump executive orders intended to lower prescription drug prices.
Because Orange Man bad and because Biden is an evil vindictive POS. You watch he will still blame Trump and say 'the previous guy' ,because he either cant remember Trump's name or bring himself to say it, had no plan to bring down costs and he hasn't had time to yet because he's been so busy destroying the oil industry, the economy and destroying border security.
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Offline Hoodat

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Re: Biden Administration Hikes Medicare Premiums, Blames Drug Costs and Pandemic
« Reply #6 on: November 14, 2021, 04:17:06 am »
Quote from: skeeter on November 14, 2021, 12:08:52 am
Makes one wonder why Biden reversed Trump executive orders intended to lower prescription drug prices.

Because he's in bed with Big Pharma?
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Offline jafo2010

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Re: Biden Administration Hikes Medicare Premiums, Blames Drug Costs and Pandemic
« Reply #7 on: November 15, 2021, 09:35:47 am »
Wrecking Ball Joe, or Traitor in Chief, is turning everything he touches into sh*t.  So, you can count on whatever they say, the truth is 180 degrees opposite.

For all but the blind faithful, Biden answers to China and Russia.  Putin must he a ROFLMAO every day when he thinks of Wrecking Ball Joe.  And Russia thinks Cackling Kamala is one of the biggest clowns of all time.  Ah yes, so much for restoring the image of America on the world stage.
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