I’d be thrilled with only a $10 increase.

@BoomerBenefits

10 ай бұрын

that seems to be a common thought!

@thomasconnors8340

9 ай бұрын

I wouldn't be thrilled I just wouldn't be pissed

@vickiwittmeyer4438

2 ай бұрын

NO WAY... THRILLED!!!!!!! WHO EVER TAKES THAT DRUG SHOULD PAY FOR THAT DRUG!!!!! MORE OF US WILL NEVER EVEN USE THAT DRUG AT ALL!!!!!!!😢😢😢😢😢😢😢😢😢

Any increase is absurd....the government should regulate these ridiculous drug prices in part b as well as part d.... It's time we put a stop to the financial rape of the social security recipient. I'm so sick of this greed.....if we all stick together and bellyache to our congressmen and senators.....as well as our state representatives...we might get some change

@robertemanuel7664

10 ай бұрын

If indeed they lowered it to $164.90 for 2023, then why have they been taking $170.10 this year before I get my SS each month?

@earthjammer8483

10 ай бұрын

Nothing is going down since the government is sending tons of money to Ukraine and giving illegals benefits. They are not worried about the guy or girl who worked all their life, they are just worried about themselves and their future. The working man always gets screwed.

@BoomerBenefits

10 ай бұрын

We hope to see some changes on drug prices as well.

I've heard rumors about a significant increase in Medicare Part B premiums in 2024. It's a bit concerning.

@Andres_853

9 ай бұрын

It's moments like these when financial advisors like CHRIS RYAN STEWART come in handy. They can help us navigate these changes and adjust our retirement strategies accordingly.

@RayFreddie219

9 ай бұрын

@@Andres_853 We need to be proactive and adjust our financial strategies, possibly with the guidance of a financial advisor like CHRIS RYAN STEWART, who can provide insights into navigating these changes.

@Muriel-1112

9 ай бұрын

As we discuss this, it's also crucial to remember that not everyone has the same resources to manage these rising healthcare costs. The healthcare system needs reform to ensure fairness for all.

@Muriel-1112

9 ай бұрын

@@RayFreddie219i just searched the full name on GOOGLE, he is top result

@BoomerBenefits

9 ай бұрын

Hi there - it was released last week to be $174.70!

The premium is going up in 2024 .this is crap especially for people that barely making now by the cost of living 😢

@williamrogers1219

Ай бұрын

Social Security benefits increased at a higher rate than workers who are paying for current retiree SS benefits. Their health care costs are rising higher than Medicare despite being a lower age population.

As a retired senior our government just doesnt care as they are all taken care of for life......

@comeandtakeit1254

10 ай бұрын

They are more concerned with looting the treasury for Ukraine and supporting their 7 million illegal invaders.

Why every one retired senior has to pay for Alzheimer disease drug, if only 10.7% have that problem?

@vickiwittmeyer4438

2 ай бұрын

YES!!!! SO TRUE!!!!!!

This is so crazy I really don’t understand how the government works cause you have people on fixed income and has to pay for insurance like the elderly and disabled .But if you young and don’t want to work the government will give you free insurance food stamps and anything else you need while the elderly are struggling to get meds and food makes no sense to me

@AJMiller-wc6hb

10 ай бұрын

Agreed . Government is corrupt

@theresatripett1854

10 ай бұрын

Exactly

@elizabethdepaul3296

10 ай бұрын

And these young recipients are able bodied. The system has been broke for a very long time. So our COLA will go to the increase and maybe we can buy a loaf of bread and a gallon of milk with what's left. SMH

@blackiedekat2612

9 ай бұрын

@@elizabethdepaul3296 .....that loaf of bread may be awfully optimistic. with only a 3.2% COLA and part D premiums exploding i will probably owe CMS that loaf. i can fit it in our budget, but i do know folks my age that didn't plan well and every nip at their wallet hurts.

@mimi1o8

8 ай бұрын

They want us to die faster, me guess 🫤

It's all going to be difficult for me. I guess I will have to quit seeing the Dr and taking prescription drugs. It isn't fair. I worked my whole life for this? Why?

This is ridiculous. What raise from cola. Medicare comes in to take a share of that raise and don't pay crap for medical care. What the hell do they do but take money from fix income people. We have to to take out supplemental health insurance to cover cost and that doesn't either. Copayment for everything

@mrdford7522

10 ай бұрын

Medicare is not "Taking" anything. They just collect what has to be paid out. Otherwise not every Dr. Could have a million dollar house next door to the Insurance executive. How could they even show their face arriving at a big pharmacy phandango in last years Benz?

Any increase is ridiculous

It may be $175/month or whatever the social security increase is in my guess…a wash. Senior healthcare is a lot of anxiety and I dread the day when we retire.

@marymontgomery4348

10 ай бұрын

Well I’m disabled have been for 2 yrs now and they want me to pay 170 a month for health insurance while the young people that don’t want to work gets everything handed to them so why would they work the elderly can’t afford insurance premiums so they go without insurance this world is crazy

@barbrogers2123

10 ай бұрын

it was definitely sticker shock for us yeah, every time we get a "raise" in our SS, the Medicare Supplement goes up to match it. 😜🤬🤬

@BoomerBenefits

10 ай бұрын

We hope to not see much higher of an increase!

It doesn’t matter every time we get a raise insurance goes up so then we probably get a $40 raise!!

@vickiwittmeyer4438

2 ай бұрын

IF WE EVEN GET 40.00 😂😂😂😂😂😂😂😂

For decades the very small increase in COLA didn't even cover the increase in Mcare premium. Srs didn't even break even for decades. Too many Srs are living in poverty because all those tiny increases left them farther and farther behind. So much was made of 2023 increase as if it was a GIFT! Gimme a break! 10/4, 3:10 p

@williamrogers1219

Ай бұрын

Trying working and see how much you would be behind inflation.

The problem is just about everything is going up. For instance, home and car insurance. Taxes on homes went up significantly because of the new appraisal on our homes. Out of pockets keep going up. So seniors with a fixed income are worrying about the future. Oh, don’t get me started how much I have lost in my 401k!

@brendahoward9211

10 ай бұрын

There is no reason for the increase since drugs are to be coming down . Let the government live like the seniors do.

@BoomerBenefits

10 ай бұрын

Hi there - we understand completely. We hope to see some changes.

@WynterNash

9 ай бұрын

Hopefully you did not vote for Biden, if you did, you got what you voted for. If you did not vote Biden, then forgive me for the horrible assumption.

@vickiwittmeyer4438

2 ай бұрын

​@@WynterNash WELL TRUMP DIDN'T HELP US SENIORS AT ALL!!!! AT LEAST BIDEN BROUGHT DOWN SOME PRESCRIPTIONS!!!!!!!!!!!!!!!

@vickiwittmeyer4438

2 ай бұрын

​@@WynterNash I WILL VOTE FOR THE PERSON THAT AT LEAST DID SOMETHING FOR US SENIORS!!!!! BIDEN!!!!!!

It's ridiculous what they make seniors pay for that .

@BoomerBenefits

10 ай бұрын

we understand - hopefully the numbers will be announced soon!

Sad sad sad...there should be no increase. Seniors should be treated better in this country!!

@BoomerBenefits

10 ай бұрын

hi there - give us a call and we can discuss some other options before you drop your Part B.

Any increase is absurd. We were told medicine will start to be negotiable. So why would there be a need to increase? Just plan greed!

@jamesingwersen4240

10 ай бұрын

The alz drug is administered in a dr settibgvthereforecpart b must cover it. Not drug coverage part d . Therefore we all pay the price. .

@JMgiarritta

10 ай бұрын

I realize that. It's just that the increase in monthly cost for part b should be calculated as a increase added to COLA so we are receiving that increase and COLA to keep up with inflation.

@vickiwittmeyer4438

2 ай бұрын

Then They Should ONLY CHARGE THE PEOPLE THAT NEED THAT DRUG!!!!!

everything is doubling in price. $10 doesn't seem like much except that gas, groceries, etc have risen dramatically. Some things I see in the store have doubled and tripled in price. when is it going to stop

I don’t see where we should be paying at all. We work all our lives then have to pay.

Its RIDICULOUS! I don’t know how I am going to pay the ridiculous prices and fees. If I had my way and wasn’t being forced to have Medicare I would just stay with my doctor and buy insurance. I want nothing to do with Medicare🤬

@mrdford7522

10 ай бұрын

That's easy. Just don't use it. This is still America, and if you have money, you can get anything you want. The land of the free aint free, but you can have all the freedom you can afford...So, go like the wind, Pilgrim, to your local "Independent Insurance Provider" and purchase some of that good freedom for you and your loved ones.

@ranelson714

10 ай бұрын

Still have to pay the premiums. Your solution doesn’t solve anything.

@elidacoverston1215

10 ай бұрын

​@@mrdford7522 Where have you been. I have insurance from my company that I worked for and my premium is 50% cheaper than Medicare but, I still have to pay Medicare and I cannot use it, because Medicare is primary.

@margueriteharkins2270

10 ай бұрын

You don't "HAVE TO" use your Medicare. If you wish to buy personal insurance, you are free to do so,but it will cost you a small fortune.

Don't we pay enough😊

Why do we have to pay anything? We've paid into this our entire life.

@BoomerBenefits

10 ай бұрын

Hi there - your taxes are paid toward Part A, which is your hospital benefit.

We already pay too.much. How can we Seniors live with such food increases,gas & insurance . Should not be a increase with only possibly getting a small increase in our checks.

The 2024 plan changed the copay for some higher tier drugs from a straight percentage to a fixed $47.

These alzhiemers drugs all have very minimal benefits. Really a waste of money. Cut sugar, take minimal statins if you have too and you may be able to avoid it altogether.

I'm going to look into how to identify as a Migrant. Free healthcare, free housing.

@vickiwittmeyer4438

2 ай бұрын

I JUST FOUND OUT ABOUT THAT . THEY GET IT FREE!!!!! UNBELIEVABLE!!!!!

That's still a 6% increase on a 3% pay increase. Especially since they raise it 14% in 2022 and only gave back less than 5 dollars a month for a drug they charged us for that no one used!! Then figure in the fact we paid for this insurance for 48 years in my case and couldn't use it!

@BoomerBenefits

10 ай бұрын

we hope that the increase is not much more than the projection!

I don't believe there should be any increase for 2024.

I would be more concerned by the Medicare enrollment cycles, where the Pharmacy Benefit Formulations can, and do, change during the annual enrollment cycles. As an example, my Medicare Advantage (Part C) Pharmacy Benefit Formulary changed mid-year, resulting in a 314% cost increase of a necessary medication. These mid-year Pharmacy Benefit Formulary changes appear to be a breach of contract during the enrollment period, as it is not possible to change Medicare vendors mid-year.

@BoomerBenefits

10 ай бұрын

we understand this completely! Hopefully this year you are able to find a plan that works out cost effective for you.

@vickiwittmeyer4438

2 ай бұрын

THEY SHOULDN'T BE ABLE TO CHANGE IT IN MID YEAR!!!!! THAT FOR SURE NEEDS TO STOP!!!!! WHEN THEY CHANGE PRICE,WE CAN'T CHANGE TILL OCTOBER!!!!! NOT RIGHT ....... 😢😢😢😢😢😢😢😢😢😢😢😢😢😢

Any idea when 2024 Part A and Part B premiums will be released by CMS?

@BoomerBenefits

10 ай бұрын

We hope in the next 2 months.

Ask me what I think of a COLA rate of only 3.0-3.2% for 2024! Should be no less than last year's increase, and that then, and now, are nowhere near actual inflation rates!

@BoomerBenefits

10 ай бұрын

We hope to see the final numbers soon!

@vickiwittmeyer4438

2 ай бұрын

​@@BoomerBenefits I'M SCARED...... MY HEALTH INSURANCE IS ALREADY 190.00 A MONTH!!!! 😢😢😢😢😢😢😢😢😢😢

No I wouldn't welcome an increase in the Medicare premium. Social security recipients received a raise of 8.7% in January 2023. That was a welcome cola adjustment. Why raise the premium?! It would take away from raise we received. How is that helping us?! Even though their projecting a 3% cola increase for January 2024. Why keep giving cola increases if you're just gonna reduce it by raising the Medicare premium?!

I looked at my Medicare statements the other day and it stated a Medicare Part B cost around $350/mo commencing January 2024. Needless to say I was shocked. Is this an error?

@BoomerBenefits

7 ай бұрын

Hi Sandra - some beneficiaries pay more due to having a higher income. You can read more here - boomerbenefits.com/everything-you-need-to-know-about-irmaa/

If they want to increase our premiums, then the COLA increases should be fixed at no less than 5% or more each and every year. But that would only benefit the poor elderly in this world, and the government would never have that happen.

@BoomerBenefits

4 ай бұрын

we would love to see changes on this as well!

Can't pay for groceries

You are very fortunate, not everybody is in your shoes... would be nice😊

I have another insurance company that pays part A and B. Why then does Medicare still deduct my part B, when they no longer pay it?

@BoomerBenefits

10 ай бұрын

Hi there! Do you have an Advantage plan? Unfortunately, whenever you're enrolled in Part B, you must pay the premium.

@margueriteharkins2270

10 ай бұрын

Medicare pays your insurance provider for your parts A and B coverage. You pay Medicare, and they pay an amount agreed to by them and the insurer.

I read that the Medicare Trustees project a rise from $164.90 in 2023 to $174.80 in 2024. However, this estimate does not account for "significant new costs" such as for the new Alzheimer's drug, Leqembi. They estimate that drug could add an extra $5 per month to Part B premiums, bringing the total to $179.80 per month.

@lindakelley4332

10 ай бұрын

That's right, I get a raise of a possible 3 % or less raise, and then you take $ 10.00 dollars away. The price of groceries and utilities continue, so I basically get nothing minus for 2024.🤔🤪 Makes no since to me. Why do you look so happy about it??? I'm not!!!!

@dennislaplant95

10 ай бұрын

@@lindakelley4332 For the average retiree receiving a monthly SS benefit of $1,790, a 3% COLA would translate to about an increase of $57. That might not alleviate all the challenges posed by rising living expenses, but it does cover the $10 to $15 Part B premium increase.

@barbrogers2123

10 ай бұрын

IF the drug works, it would be maybe worth it. maybe! 🙄

@judithmadrigal5199

10 ай бұрын

I pay almost $500 a quarter for Medicare Part B…and I am a retired veteran making less than $20,000 a year off my veteran’s pension. I don’t understand this at all. I can barely afford what I’m paying now!!!

They give a little raise in January then raise the part B...really this is a waste of time..😮😮

@vickiwittmeyer4438

2 ай бұрын

Ends Up .We Never GET A RAISE AT ALL!!!! WHEN THEY RAISE OUR HEALTH BILLS!!!!!!!!! 😢😢😢😢😢😢😢😢

I do not understand why she is smiling!😢

@carolynt.4455

10 ай бұрын

She is a pleasant human being. She built this business and employs a lot of people. She makes videos that educate and inform. I’m grateful for her expertise and concern. Go watch something else if you find all of this offensive.

Why was my part B stopped?

@BoomerBenefits

Ай бұрын

Hi Janell - did you stop paying your premium?

Why does everyone have to have increased and never used the medicine???? Should these just increase the people who fet the medicine??? Just say whenever the cist of living goes up the medacare goes up too .. what a cost of living raise!!!!!!!!!

@vickiwittmeyer4438

2 ай бұрын

YES!!!!! IT SHOULD BE ONLY THE PEOPLE THAT WILL USE THIS ONE DRUG!!!!!!! MORE DON'T USE THAT DRUG!!!!!! JUST NOT RIGHT!!!!!!

I have no complaints about the way Medicare handles my case!

@BoomerBenefits

4 ай бұрын

We are glad to hear that!

No increase please! And don't sound so excited about it. But of course you are not a senior. Our social increase is not that high this year so no increase in medicare part d should be made.

@BoomerBenefits

10 ай бұрын

Please know, we are not excited about the rising costs for our clients and other Medicare beneficiaries. This video is simply covering this very popular topic on what the Part B premium might look like in 2024.

No more medical care for me I guess..going to drop Part B cuz can't afford it.

@margueriteharkins2270

10 ай бұрын

If you drop it now, and want it back later, you will pay a lifelong penalty, which is truly absurd. They penalize you for being broke, when inflation is at fault.

@vickiwittmeyer4438

2 ай бұрын

​@@margueriteharkins2270THAT'S HOW THEY GET US ALL TO STAY IN... SHAME ON THEM!!!!!!!!!!

Everyone is getting an increase an increase on benefits except seniors who don't qualify for other government benefits! Is it fair some younger people who choose not to work are better off and list is growing?

Seniors shouldn't pay anything since the government made all kinds of money on the interest they've made from our SS since we began work at age 16!

@BoomerBenefits

2 ай бұрын

Thanks for your comment!

If they increase the premium I won’t be able to buy anymore shrimp

I don't understand everyone's anxiety and "we are poor", "inflation is killing us", "we cannot keep up" mindset. My SSA is only $1233 this year and I know of 1000 places to retire tomorrow on this amount. I plan to work until age 70, reassessing SSA, investments, and my health and energy each 6 months. I seem to have a unique attitude of positivity compared to 98% of people over age 55. I view the attitude of most of you as sad. What happened? If you are over 55 you lived through massive housing valuation and stock market increases from 1979 to 2009, and a 6x fold increase in the market from April 2009 to now. What happened? Why are you fellow Boomers poor and negative mindset?

@mojooftheg5961

10 ай бұрын

You're nuts!!

@jamesingwersen4240

10 ай бұрын

Because sometime life happens and we've had to stsrt over. You've been lucky. But we have not. Sick parents I had to help out. Job loss by husband in 2007 . Had to cash in life ins and 401k. Like sucks sometimes.

@melaniesmith7644

10 ай бұрын

Some of us like myself cannot work and have no control over the high cost part b premium and I for 1 find it extremely expensive especially when I was working I never paid that much for healthcare insurance a month.

@devilblueduke

10 ай бұрын

Good for you buddy must be really nice to be you. How about dealing with all what’s going on in life plus have lots of physical problems and mental health issues. Try having your mind set with a severe depression that just to be able to get out of bed and taking my meds is a big accomplishment. Me not committing suicide just cause of my family wants me here is a huge accomplishment everyday. Do you want me to go on?? Or does that and a few others on here answered your questions??

@cavatinasophia5343

10 ай бұрын

698 a month for me. Still living in the house I bought in 1989, of course it’s increased in value, but I’m not selling. So no cash here. I have student loan debt of 44k that I struggle to pay. It’s not mine, it was for kids education. Still my responsibility. Husband is disabled, so can no longer work. I wish things were different, but life happened.