May 31, 2022
Medicare Part B beneficiaries could see lower premiums during 2023 due to lower-than-expected costs for Biogen’s Alzheimer medication, Aduhelm, HHS recently announced.
In a statement last week, HHS Secretary Xavier Becerra instructed CMS to reassess Medicare Part B premiums for next year and said it is expected that the 2023 premium will be lower than 2022. The final determination will be made later this fall.
The 2022 Medicare Part B monthly premium of $170.10 increased 14.5 percent from 2021, largely due to rising health care prices and utilization, Congressional action, and potential costs from Aduhelm, HHS said.
“Due to changes in the cost of Aduhelm and coverage since the premium was established, CMS recommends that the lower-than-anticipated spending in 2022 be incorporated into the 2023 Part B premium determination,” CMS Administrator Chiquita Brooks-LaSure said in a statement.
Here’s’ what you need to know:
Additional analysis about the Medicare Part B rates is available online.
Tags: Insurance | Medicare
Click on topic below for category-specific news articles.
Support a healthier Pennsylvania.