70 National Organizations Urge Congress to Act on 2016 Part B Premium and Deductible Hikes

This week, led by Medicare Rights Center, 70 prominent organizations representing people with Medicare, health insurers, workers, federal employees, and more sent a letter to key Congressional committees urging swift action to shield older adults, people with disabilities, and state Medicaid programs from anticipated increases in Medicare Part B premiums and the Part B deductible in 2016.

Part B costs are expected to increase next year for 30 percent of people with Medicare. Without a fix, Part B premiums will increase to $159 per month for select beneficiaries, and the Part B deductible will rise to $223 for all people with Medicare. Older adults and people with disabilities affected by the projected premium increase include new Medicare enrollees, individuals not collecting Social Security benefits, beneficiaries already paying higher premiums, and people with both Medicare and Medicaid (state Medicaid programs will bear this cost). The anticipated hike in the Part B deductible will impact all beneficiaries, most significantly affecting those who lack adequate supplemental coverage.

Joe Baker, President of Medicare Rights, said in a written statement, "Older adults and people with disabilities cannot shoulder these unprecedented increases, especially those living on low- and fixed incomes. Half of all people with Medicare are living on annual incomes of $24,150 or less. We urge members of Congress to heed this call to action from leading voices across the health care sector.”

Read the letter.
http://medicarerights.org/pdf/093015-joint-ltr-partb-premiums.pdf

Read Medicare Rights' statement.
http://www.medicarerights.org/newsroom/press-releases/93015-2