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Honored Social Butterfly

Medicare Part B - Changes - The Cost of it All

On 04.26.2024, HHS issued a whole lot of new rules on health care coverage -

HHS.gov-HHS Issues New Rule to Strengthen Nondiscrimination Protections and Advance Civil Rights in ...

This is just one small part of it -

  • For the first time, the Department will consider Medicare Part B payments as a form of Federal financial assistance for purposes of triggering civil rights laws enforced by the Department, ensuring that health care providers and suppliers receiving Part B funds are prohibited from discriminating on the basis of race, color, national origin, age, sex and disability.

By just reading this very short statement, I am sure everybody would say, Thatโ€™s great - but then when you get down to reading all the fine print which one only finds in reading the whole rule in the Federal Registry do you understand that there is gonna be a lot of cost to this for Medicare Beneficiaries to absorb in their Part B premiums and by proxy, into their Medigap premiums if one has chosen this way or the cost of their Medicare Advantage plan.

https://www.federalregister.gov/documents/2024/05/06/2024-08711/nondiscrimination-in-health-programs...

It will cost us all - Medicare Part B beneficiaries and our government - more money - so just be advised that your premiums will increase - all of them.

 

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