Medicare Part B premium freeze put on ice

Share this article:
A measure that would prevent a cut to Social Security payments failed in the Senate. As a result, rising Medicare Part B premiums are expected to adversely affect 27% of Medicare beneficiaries.

Medicare Part B premiums, which are taken directly out of seniors' Social Security checks, are set to rise next year. Because there will be no cost-of-living adjustment to Social Security, millions of seniors will effectively see their incomes cut if the premium hikes pass, according to lawmakers objecting to those cuts. The House last month voted 406-18 to stop the Part B increase, but similar efforts in the Senate have fallen short.

The measure collapsed because of an objection raised by Sen. Tom Coburn (R-OK) on Wednesday. He argued that enough seniors--roughly 73%--would be spared the cuts due to a "hold harmless" provision, and that the $2.8 billion cost of preventing the premium hike would take money away from other constituents.


Share this article:

More in News

Skilled nursing facility trends contribute to improved Medicare outlook, Congressional report says

The Medicare trust fund is on track to remain solvent until 2030, trustees of the program stated in a Congressional report released Monday. This improved outlook is due in part to revised expectations about the case mix in skilled nursing facilities.

House bill would define, promote coordinated long-term care services

A bill introduced in the House of Representatives would target improved care coordination for seniors, also adding it under the Older Americans Act.

Seize the day: Tech Awards deadline is tomorrow

Seize the day: Tech Awards deadline is tomorrow

The final countdown has begun: Long-term care providers have less than 48 hours to enter the third annual McKnight's Excellence in Technology Awards. Submissions will be accepted through July 30.