Medicare premiums set to rise 10% next year, CMS says

Rebecca Pifer / healthcaredive - The Part B premium hike could have been worse, the Trump administration said. Still, it’s likely to pressure the pocketbooks of millions of seniors, and could drive more into Medicare Advantage plans.

AI Summary: CMS has announced that Medicare Part B premiums will jump by 10% next year—a move that will affect millions of enrollees. With these new cost pressures hitting an already strained budget environment, experts warn beneficiaries should brace for a challenging financial landscape moving forward.

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