Medicare premiums will rise slightly by $1.47 next year

Medicare premiums will rise slightly by $1.47 next year Although the Ministry of Health and Welfare announced on the 21st that due to the health care law passed by Congress in 2010, since 2...

Medicare premiums will slightly increase by 1.47 yuan next year. Although the Department of Health and Welfare announced on the 21st that due to the health insurance law passed by Congress in 2010, the federal health insurance program (Medicare) has saved approximately 4.5 billion yuan for the elderly since January 2011. But the federal government also said that Medicare (Medicare) will only increase slightly next year. In an election year, as older voters pay close attention to this important issue, this is good news from the Obama administration. Bram, deputy director of the Centers for Medicare Services, said that more Medicare Advantage patients are saving more money this year than last year, and by August this year, the average Medicare beneficiary had saved $641. The average monthly premium next year will be 32.59 yuan, an increase of only 1.47 yuan. If premiums and deductibles are combined, the center estimates, average beneficiary spending could be reduced. Correspondingly, the cost of prescription drugs in medical insurance has remained flat for three consecutive years, at about 30 yuan per month. Next year, 1.5 million elderly people will join medical insurance, continuing a growth trend over the years, bringing the total number of people enjoying medical insurance to 14.5 million. The Centers for Medicare Services said these published numbers are averages and will vary among beneficiaries, with some beneficiaries seeing their premiums increase and others seeing their premiums decrease. The enrollment and replacement time for medical insurance is October 15th. Beneficiaries who find that their premiums have increased can contact different insurance companies to compare prices and switch to a health insurance company with lower premiums. In addition, an investigation by the Center for Public Integrity in Washington showed that thousands of doctors and medical technicians have gradually reported fees to Medicare for more complex and expensive treatments over the past decade, increasing medical benefits by at least $11 billion. This investigation highlights that the problem of medical billing abuse may be on the rise. According to medical experts and an analysis of data from the Center for Public Integrity, false reporting occurs when a doctor or hospital reports to Medicare more expensive treatments than the care actually provided to the patient. "This problem urgently needs to be addressed, and federal authorities can no longer sit idly by while health care benefits continue to rise," said McClelland, who ran the Centers for Medicare and Medicaid Services during the Bush administration.