Medicare Part B Changes for 2023
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- เผยแพร่เมื่อ 28 พ.ค. 2024
- www.abtinsuranceagency.com | (888) 465-9728 | email stephanie@abtinsuranceagency.com | Medicare Part B changes for 2023
Certain Parts of Medicare Part B will be changing in 2023 based on a proposed rule, as well as cost redetermination for the new Alzheimer's medication Aduhelm.
Currently Medicare Part B enrollment periods have more limitations, and may make you wait for a delay in Part B coverage based on when you enroll. The new proposed rule would change some of these enrollment period effective dates in 2023 to allow coverage sooner, without as many effective date delays. Additionally, new Part B special enrollment periods will be granted for folks with special life event circumstances.
What is Part B? : • Medicare Part B | Cost...
Part B Premium Redetermination: www.cms.gov/newsroom/press-re...
Proposed Rule: public-inspection.federalregi...
00:00 Intro
01:12 Part B Premiums
03:49 Part B Enrollment Periods
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Seniors should not have to pay for Part B. Why give a young person a free ride for college and make the seniors pay for it. The government needs to help senior's. Shameful moves by our leaders.
You are 100% correct
It’s disgusting that Seniors are not only charged a premium on Medicare B but it doesn’t cover such important things like their TEETH, EYESIGHT and HEARING! Last time l checked these were part of one’s body.
Get a Medicare Advantage plan
@@ronsrox But make sure your providers/hospitals are in network.
@@ronsrox how about universal single payer then there would be no need for insurance or agents. Who make a lot of money that could go towards healthcare not corporate profits.
I so agree.
And we paid the premiums our entire working career, forced to take it at age 65, currently paying $170 a month AND have a deductible. Total BS for basically a physical every year. I’d rather opt out, pay a bit more for my supplement and keep the government out. Another government program that needs some common sense management.
I have found that every time we get a COLA, Medicare raises their premiums
yep just like dangling a carrot
They give you a perk with one hand and the other hand takes it away
So you get no real raise!
Medicare needs to cover Sight , teeth & hearing. All of those are just as important as the rest of the body.
If things go wrong with teeth & eyes ( infection/ surgery) can mess up your entire body.
Medicare does cover all this. Now with 2 million illegals crossed the border it’s hard to say what Medicare will,give seniors which is no fault of Medicare.
You are right about that
You willing go pay the premiums needed?
The government should be funding Medicare for seniors before anything else.
I had to use Part B this year; it really helped. My hospital bill alone was 29,000 and I only had to pay 1,553 dollars. Big help.
Part A pays your hospital bill, not Part B. Part B paid for your doctor.
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You would think a government entity that has to pay such absorbitant drug prices would force the drug companies to lower their prices. But instead they don't care they just pass it on to the recipient.
I received a bunch of Medicare insurance stuff in the mail. I hate the complexity. Today is garbage day in my neighborhood, and I put all of that confusing crap in the garbage. It feels good.
I don’t understand: I thought drugs & meds r under Part D. So, why the yr 2022 premium for Part B increased a lot due to an expensive Alzheimer drug?
Fantastic stuff to share with new and current clients. I appreciate you!!!! 🙏🏼from Asheville NC
Thank you!
Thank you Stephanie for your video. Keep us updated on the Part B premium.
Will do!
Yes that’s right. With every increase in SSA payment, there has been an increase Medicare premium payments. It’ almost like stand still!
It’s a slap in the face paying so much after all the years of deductions through our lifetime and the ridiculous part is that only covers partial expenses, this shows our government has its priorities in the wrong department 😢
You folks don't want to pay for better Medicard insurance.
I'm in medicare. Looking for health coverage in other countries.
stepanie, congratulation the way you introduce yourself. My team and I; hence, I am willing to listen your video
Way too much money is paid to private insurance companies for medicare advantage programs. I agree that medicare should be free. Either way, they should leave medicare alone and decrease what is paid to private insurance companies for medicare advantage programs. Just look at the thousands of dollars they waste on advertising frequency.
Yes I've got several and I'm new to this. I didn't know that people were getting screwed by going on this crap. Seems that the most important things like eye, dental and hearing are not covered and these are the things that aging people should have period. Now explain to me why the cost went from 140.00 to 170.10? I can answer this they came up with a drug for Parkinson I believe that was horrible in cost and wasn't FDA approved to do anything for what it was made for so manufacture cut the cost but it's still now proven to actually do anything. So why didn't the cost of Medicare drop back to the 140.00? I can answer that too this friggen Government of ours. Next if Part C covers everything that part A and B covers and also gives you more then why should we even need parts A and B part C should be all we need. Again I can answer this question our great Government once again screwing the people! I had no idea that this is like it is until I (HAD) to sign-up for Medicare! It's no wonder people are starving and can't afford to heat or cool their homes! This is absolutely 💯% bull! Time for a drastic change in this crap or of course is it all about raping the folks that are forced to be on this crap! All my years working busting my butt driving across this country of ours making sure that the American people have the supplies they need to survive yes I'm a long haul trucker! No thanks necessary got none in 49 years don't expect any now either. I'm sick and tired of seeing people starving, freezing, baking their brains out because of crap like this! Just like our service men and women who fought for this shit hole for nothing just look at it I put my life on the line everyday for what only to get bent over the fuel tank when it's time to retire! Thanks a bunch for nothing! Yes if you haven't figured it out yet I'm very pissed about all this. There's no reason for it! Pay in all your working life on a bunch of crap that's not worth the paper it was printed on! More money more money pay this pay that for things that should have already been taken care of so I can sit back and enjoy the few years I have left. Yes nobody gives a ratsa@@ about any of this or it would have been changed long before now! Have a great day!
Great job. It is good to see that the Part B CMS people are making some sensible changes. And thanks for bringing up Aduhelm and its impact on Part B. There seem had a lot of questions as to whether this expensive drug does any good. Hopefully when the dust settles the rates will not end up increasing much.
Why is this a great job? NONE of these changes are implemented and are simply rumors.
@@kathyobrien1063 I was going to ask him the same thing. Lol! There is nothing good here. Nothing but constant rate increases and lowering the benefit.
You should have included the actual initial projected cost of the new Alz drug and the projected 1/2 price cost. This drug has shown no benefit and for CMS to increase our Part B premium based on a drug that actually isn't effective is asinine. We need national Healthcare. Drug companies are making billions while people cannot even afford insulin. Christopher Westfall's channel gives far more info than yours.
Every time persons on social security get an increase on the amount they receive... Medicare always raises their rate by that amount!
What am I missing? What has a drug got to with Part B coverage rates? Aren't drugs covered under Part D, not Part B?
This video is extremely helpful! I am amazed at the amount of people (in the comments) that don't know anything about Medicare!
Thank you for the update!
I enjoy listening to you and appreciate you taking time to update us Seniors. Yes SS gave A raise but Medicare went up and I got Humana and they So the SS raise just cost me money! You The Best!
Thank you for sharing watchig
Thank you so much for the update. I’m turning 65 in September and just signed up for part A and B this week. I plan to talk to one of your people this coming week about Medigap and part D. 🙏
We are delighted to have the opportunity to speak with you! Thanks for watching 🙂
Shoukd I just call the number on your site? I need to sign up for Medicare Very soon as my group coverage ends 9/30.
@@suzysoapbox300 yes! Call us at 888-465-9728, we can help.
Why is this a great job? NONE of these changes are implemented and are simply rumors.
Greetings from Orlando Florida. Awesome video and thank you for sharing all the updates and info.
Hello Benny in FL!
Thank you for this informative video. I just recently turned 65 in June and speaking to your co-workers I was able sign up get all of my questions answered. I just watched the other videos on Medicare Plan B and was curious about 1 topic I did not ask. I live in Ohio and chose Plan G as my supplemental. What’s the price difference between Plan N and Plan B for Ohio residents? I listened to you stating that going to your Primary Provider less than 10 to 15 a times a year, you might consider Plan N. Thanks again for all of the great info you provide and a big shout to Heather and Carter. Outstanding customer service. John T
Thank you John! If you would like to call or email us we can send you a comprehensive Medigap quote comparison for your area. Are you wanting Plan N and Plan B pricing, or did you mean Plan G?
Thanks for watching!
Sorry…I was looking for the difference between Plan G and Plan N - not B. Typo!
@@johnt5845 The price difference in Ohio for a 65 year old is about $25/month
Thanks I feel I made the correct choice in choosing Plan G and Carter definitely helped with my final decision. Now…on to IRMAA. Looks simple enough. Thanks
TY for these 2023 changes!! Great news!! You are such a fine teacher - I feel I learn so much. Can you put out an ad hoc (your company sponsored) certificate for those of us who complete your video training? Nothing official or governmental- but some memento that shows our friends we have some education, training and can make good decisions? Without you, I was lost and frustrated and had no clue of the decisions I have to make.
That did not even deserve a police report
Great information. I am an agent as well and will look forward to more videos.
You’re the best Stephanie!
Love how you explain everything.
I can remember many years ago when you could add part b under your plan without a lifetime penalty. The government always finds a way to penny pinch the citizens.
Thanks for covering this topic!
Can’t afford the premium. sS is going up 8.2%, but cost of everything is up 20%!!! So we are still behind before we even start!!
Thank you for your update take care
Thank you for your answer 😊
Thank you so much for your information
My wife is turning 65 next year, so she will really want to study up on all the aspects of Medicare
I'm on disability and only 52. I'm supposed to start Medicare in October and I'm confused about what plan I should get. I receive treatment every 6 months for a serious disease (MS) . I have other health issues so it's important to keep my current doctors. I don't know if I should keep original Medicare or go with an advantage plan. I haven't been able to find a supplement I can afford.
WE ARE IN A RECESSION AND THINGS WILL GET WORSE IN THE MONTHS AHEAD AND THE ELDERLY PEOPLE CANT HANDLE THIS SITUATION
I question whether part B premiums will be lower due to the massive inflation that’s going on right now. I hope it does but I wouldn’t count on it.
Yes if anything premiums will go up. The country has too much debt and hence has to pay for it through inflation and higher taxes. Fortunately I am still healthy and still work over 60 hr/wk but that will all change very soon. Many of my classmates are dead and almost all retired. My sister died young of cancer in her 40's and my grandparents at work from heart attacks at age 43 and 55. I certainly felt each nanno second of my age today at work.
Thank you very mucho 😃👍🏻💯
Why can’t they mail you your options I can read.
Is the link to the proposed rule correct? I see a lot of stuff in there but not changes to special enrollment periods. Still, so long I may have missed it!
Thanks for the update!
Why do they make it so difficult to understand?
"We the people" (senior citizens) should not have to prove anything to sign up for Medicare Part B , which we have been supporting and contributing to our entire working lives. It is a basic human right. After all, the Senate did not have to get our approval for giving more than $200 billion of tax payer funding to promote domestic semiconductor production, ie., CHIPS Act.
Living on a prayer 🙏
A "gold mine for Wallstreet" but low income seniors pay for it...
Yeah thank God you're putting it out there cuz it wasn't put out there for me they screwed me out of 3 months of Medicare I finally called to find out why they hadn't got my medicator card and they told me I had to enroll
I have friends on state low income state medical and some are wondering how medicare b will be applied??? They know part A has no premium..
Unfortunately we have been nothing but commodity for the bureaucrats😭😡
I will check it and call .some agents are call to join their plan .
something need to be done about the amount senior citizen paid for Medicare with little income anyone has income of less than 2000
we have invested in Medicare all working history and still paying out of little income
I’m still working and covered by my employer. I am 65 but plan to retire next year at 66 and 5 months of age. Are there any special arrangements I need to make to avoid lapse in coverage for me and my husband? And would I be paying more?
Hello Stephanie, You are the best of all of the sites I reviewed in youtube related to Medicare. I am 63 and will be 65 in 2023 December. I will apply 3 months before my DOB of 2023. I am retiring this month but will keep Company retiree healthcare. My question is after taking Plan G, which plan do I take to cover Dental and Eyecare? Thank you for ALL your extremely informative Videos.
Fmz, are you sure about your retirement age?? I am 66 & 2 mos and I was just now able for full retirement. 🤔
@@LogCabinsNFrsAir Hi Carin... I am talking about taking retirement from my company and not for the purpose of Social Security. For my Social Security, the FRA is 66 years and 8 months (born in 1958).
Nice presentation
Can you confirm if they are also changing the GEP from Jan, Feb, March to Q4 to align with AEP? While in the long run that might be good, it would actually be worse for someone planning to use Jan - March 2023 to have Part B for July. They would actually have to wait until November 2023 to start Part B. Thoughts?
Thank you.
As a retired property and casualty agent I am fully aware....or maybe not so much ! Yeah....we get an increase for 2022!! Then we are hit with part b premium increase! I can now get that pair of socks!! Also, I was denied surgery...it went back and forth for quite some time even after sending them the mri!! I have never been treated so badly by an insurance company!! I finally ended up having rotator cuff surgery with extensive scar repair and some shaving of my collar bone!! Yippie! Thet made me take physical therapy which I think made things worse!....anyway.....how they get away with treating people they way they do is way beyond me! I've ranted to much and so glad to find your channel! Blessings!
What about if you have trickle for life and Medicare. Do I need any supplement insurance
Why would Part B cost more for a medication if medications are not covered? Which treatments are included?
My medicare part B is 170.00 that is horrible
I'm on. Medicare advantage but finding eye care is difficult.. my. Specialty. Supplies are not covered either so that an extra 60 -100 is a month..
I had been following your TH-cam several years ( subscribed already ). Very informative and honest opinion. Thank you
Hi I just came across your channel. You may already have a video out for this: I’m a Veteran, will be at Medicare age next November. I don’t use paid medical insurance plan. I have all Medical services through the Veterans Administration Hospital. I do pay for federal dental and vision insurance because I retired from the federal government and continued my vision and dental plan. Question: Do veterans that Donot pay medical insurance because of using Veterans hospital, required to start paying for Medicare at 65? Is this required or an option? Again if you already have a video out, please drop link or name of video. Thank you
If one is on Disability Social security, will the Social security change over by itsself ?
As always, Stephanie, very thorough yet concise simplified overview of otherwise difficult to understand machinations around our Medicare coverage. It'll be very interesting to see if the drastic reduction from the expected cost of that Alzheimer med will result in a corresponding "largest reduction in history" for the Pt B premium . . . not holding my breath on that, but nice to know that at least this change in that particular reason for the 2022 increase will at least mitigate/offset any other potential reasons for raising 2023 premiums.
I can certainly can use that as Medicare. Takes a lot from me. Why I have no idea I have a and b.
Why don’t they cover for holistic doctors?
For people already on Medicare parts A and B, this information does not apply. People are automatically re-enrolled each year if they do nothing to change their coverage. Also, the part B premium is expected to decrease next year per the information you provided in your excellent video.
Will you be making a video on the new changes congress is passing into law for perception coverage drugs?
QUESTION: My sister, turning 65 in 2/23 has been on SSI/SDI since childhood due to development disabilities suffered since birth. She also now has Medicaid in the state of Oregon. What does she need to do differently, if anything when turning 65?
As I understand, anyone on disability for more than two years can sign up for Medicare. You don’t have to wait until 65. She can have Medicare and Medicaid, and could also sign up for a Part C that would cover vision, dental, etc. Definitely worth checking into.
I'm not paying any premium, I'm going to natural medicine
I'm working past age 65 and have good employee coverage but I've been told by one that I should still go online and enroll in part A, and another told me I don't do anything because I'll automatically be enrolled and will be sent my part A card. Confused.
I am in the same boat and would like to know also.
You will be auto-enrolled in Part A if you are collecting social security benefits, or when you do start collecting social security benefits. If you're not collecting yet, you can choose to actively enroll in Part A only and delay Part B, or delay both. If you delay both, your Part A will become retroactive when you go to enroll in Part B (like when you retire). Many folks delay both Parts A and B while still working, since if you remain on your employer health plan then the employer coverage will be primary and Medicare Part A will likely not see or pay on any claims. However, you can enroll in Part A while still working and delay Part B, since Part A is free. It's up to you. If you have an HSA and are making contributions then you should not enroll in Part A until you retire/plan to stop contributing to avoid tax penalties.
@@AbtInsuranceAgency Thank you! That cleared things up for me.
I signed up for Part A and am holding off on Part B. The hardest part was understanding "creditable". I want to work until 70 without having to pay that penalty. My employer provided insurance meets that standard and I received the letter stating that. It,s an important detail. @@AbtInsuranceAgency k
I have Medicare part A and B and D. Plus, I have Medicare Advantage. Am I double paying? Should I have just the Advantage? I’m a Kaiser patient. Thanks in advance!
Do have any idea of what Part B may do about the new tubeless Insulet Omnipod 5 closed-loop insulin pump system? They have only aloud coverage for tubed systems as it is considered DME. Will they rethink the benefits of the direction of technology as an upward thing? Right now, Part D plans are required to cover tubeless pumps. I think I am only asking this; have you heard anything at all about this, a change, no change, or no mention? Thanks!
I have not heard anything yet on a change to this unfortunately.
I don't understand if you paid into "Medicare", when you worked. And yet have to pay for part "B"? Then besides a person doesn't get enough from SS or SSDI. In the first place. Why they take so much out? It would even be understandable if they would take half. Of the $170.
Medicare is so unfair if you have a spouse and one of you might be getting a larger social security check then the other they still take out the same amount for Medicare
Part B may be giving us a rebate on overpayment in 2022…..so the 2023 increase will have that rebate reducing the costs. The following year, without the rebate….the annual increase will seem high.
Everything I need to do to create an account (on line) and Enroll in Medicare Part A/B.
Stephanie, thank you for the information. Now going into my second year in the Medicare Part A & B do Have to enroll again? or rolls over automatically?
It will automatically continue, you don't need to actively "renew" your Part A and B coverage.
I’m an intelligent boy..you have made me crazy
I paid into Medicare all my life, but do not have Part A & B coverage because I moved overseas. When are they going to extend Medicare coverage for American Citizens living overseas and help pay for some of our medical expenses that we paid for during our lifetime? I am also now paying over $400 a month in Medicare Part B insurance, and get nothing in return.
Great video…however, as a new Medicare consumer I am confused. Why did CMS increase part B so drastically for a potentially expensive drug? I thought that part D covered drugs? What am I missing here?
Part D covers most prescriptions, but certain non-self-administered medications are covered by Part B. This includes things like chemo, and certain injections and infusions.
My crazy uncle, who just turned 70, never did sign up....FOR ANYTHING. He has zero insurance and been retired since 62.
Hi 👋how are you doing?
THANKS
Is Wellcare California good?
Hello Stephanie, thank you for sharing this info. I am 66 and already enrolled in Part B and also have Part A. If I don't plan to make any changes in 2023 do I need to still enroll every year?
No, parts A and B will always continue, no need to actively renew them.
@@AbtInsuranceAgency Thank you for your help. Have a great day.
You will however, need to enroll each year for your supplement/ Medicare advantage coverage and Part D - prescription drug coverage.
I would be astonished if they reduce the Part B premium. Very doubtful.
Thank you for this informative video. I have a specific question. I am 66 & 1 mo., and enrolled in Part A at 65, and Part B at 66, as I was stilled covered by an employer until 8/1/22. On 8/1/22 I enrolled with an Advantage Plan thru Martin’s Point Healthcare (NH/ME). I now wish to transition to MR & Supplemental for reasons of coverage beyond Martins Point’s network. Question: When can I do this WITHOUT the need for pre-qual physical or review? Thank you in advance?
You have up until 6 months from your Part an effective date to make this change without medical underwriting. It sounds like you are still in that window, so please give us a call! 888-465-9728.
Is there a difference in medicare plans for those not 65 and on SSDI. It seems not all plans are available. What do I need to look for when deciding on a plan.
Yes, plan options can be different for those under 65 on Medicare SSDI. Please give us a call and we would be happy to help!
Is there a difference between regular SS vs SSDI?
I live in California, so are you licensed for California?
Thank you for your time.💖
Yes, we are licensed in CA Ana dyes there are differences in SS and SSDI as they pertain to Medicare. Please call us for more information!
Question. I being on B already for several years but my spouse is coming to the 65 line, she stopped working because the pandemic but she keep saying she will start working again at least part time , so she is not planing to apply for SS as she reach 65…. She still need to get Medicare? Even if she don’t have income ? Or at that time she have to apply for SS so Medicare can deduct the premium for Medicare.
Thank you
Your video is very informative and helpful.
Subscribing you with great pleasure.
I have a question.
I have both A and B parts,as well Medicaid.
From my insurance company WellCare I’ve heard that who ever is on Medicaid program in New York City,shouldn’t be paying Medicare premiums.
I do pay since was in rolled and want to know what is correct.
Appreciate your advice.
🌏🕊
I would advise first calling you state Medicaid department to determine you Medicaid level, and check to see if you are eligible to have Medicaid pay your part B premiums.
@@AbtInsuranceAgency Thank you.
UPDATE: STEPHANIE..I FOUND YOUR REPLY! WILL BE CALLING YOU ON WED,.SEPT. 14TH THANK YOU, SO MUCH
The system is too confusing for seniors.
Thank you, I'm a disabled 55 year old . I have original Medicare meaning A, B and D as well as a supplement. I pay over $500 for healt insurance. If I work will I lose my disability status?
This info should help: www.ssa.gov/pubs/EN-05-10095.pdf
If you can work , you're not disabled
Why do all us seniors get penalized for Medicare drugs for the unhealthy when I would much rather not be forced to be under plan b at all? Why can’t we just have one insurance to cover all cost. I already pay a very high premium to be under G plan.
I will be 65 in Nov 2023, just in time for Medicare.
I guess we will never see the penalty for not signing up on time reduced?
Jump in and pay your premiums into the insurance pool.
Why does this have to be so damn confusing?