Thanks to the "Inflation Reduction Act", Medicare Part D is fighting for its life

[rmt]

To call the increase an explosion would be an understatement; since 2023, just after the IRA was passed, the cost to provide benefits has increased a whopping 417 percent.

https://www.realclearpolicy.com/articles/2024/08/07/thanks_to_the_ira_part_d_is_fighting_for_its_life_ 1050305.html

And for all the seniors who continue to work after 65 (and continue employer insurance) - these plans will not longer be "equivalent" to Medicare's plans and ineligible for "creditable" coverage - thanks Biden/Harris for nothing - you are going to destroy the whole Medigap (that needs Medicare Part D) section of Medicare. Darn "Inflation Reduction Act" - talk about un-intended consequences.

[SATAN]

:roll:

[Patrick Chewing]

“We finally beat Medicare” - Joe Biden

[diamenz]

“We finally beat Medicare” - Joe Biden

:roll:

so the plot twist is that joe knew what he was saying all along!

[rmt]

I hope all the seniors who have Medigap turn out and vote Dems out - but of course, they've tried to smooth this out with subsidy BEFORE the election (which just means that premium will just get HIGHER after the election to make up for the smoothing out BEFORE).

[bladefd]

I hope all the seniors who have Medigap turn out and vote Dems out - but of course, they've tried to smooth this out with subsidy BEFORE the election (which just means that premium will just get HIGHER after the election to make up for the smoothing out BEFORE).

That's right, there will be no cuts under Republican party. Republicans are so gung-ho about Medicare and medicaid, right? RIGHT??

:facepalm :roll:

[SATAN]

That's right, there will be no cuts under Republican party. Republicans are so gung-ho about Medicare and medicaid, right? RIGHT??

:facepalm :roll:

:yaohappy: