Medicare users are starting to see their first savings from Biden's legislation taking on high drug prices.

[applegrove]

Post by @rbreich

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Robert Reich:

Medicare users are starting to see their first savings from Biden’s legislation taking on high drug prices.

Meanwhile, not one Republican voted in favor of it.

And Big Pharma has filed nine lawsuits to kill it.

It's no mystery who is on the side of the people.

[Tickle]

1. I'm on medicare

Medicare went up in price as did my prescription.
Where are my savings?

[applegrove]

2. I thought medicare was free.

[Rhiannon12866]

3. It is and it's a national program. It's the "Medicare Advantage" which is really private insurance that gouges seniors

It's constantly being hawked on TV and Thom Hartmann has warned about it for years. I don't know why they're able to stick the "Medicare" name on it, but that's how they get seniors to sign up.

Here's Thom's latest - from yesterday:

This Private Healthcare SCAM is Stealing Your Tax Dollars - Here's How to Stop Them - Thom Hartmann
https://www.democraticunderground.com/132213913

[Tickle]

6. Yes and No

That is indeed correct, although it differs in my personal circumstance as I am employed and receive health insurance through my company. Medicare Part A and B are automatically provided; upon turning 65, you receive your card by mail. Part A is free, but for Part B, there's a premium to pay, which has increased this year. Personally, I pay $174.70, up by $9.80 monthly from last year. I've read that if you decline Part A and B initially, you might face difficulties obtaining them later, though I haven't challenged this assertion myself.

Regarding prescriptions, I've noticed an increase in their costs, which seems to be a widespread occurrence. Given my tight budget, every dollar matters greatly nowadays. President Biden's initiatives to assist those on Medicare with expenses like insulin and other expensive medications have been a welcome relief. While I understand the importance of paying extra now for potential future needs, it doesn't make the financial strain any easier.

[GoodRaisin]

4. I have traditional medicare and it is not free.

They take a monthly deduction from my social security to pay for it. In addition, it only pays 80% so I have to purchase a supplement plan to pay for the other 20%. Plus a prescription plan.

[Sucha NastyWoman]

5. Same here. But our plan D premiums went down.

They were about $11/ mo each for my husband and me. Now, the premiums are $.50/mo each. And so far deductibles don’t seem to have gone up.