Medicare Part B Will Cost Less Next Year

Medicare Part B Will Cost Less Next Year
II.studio/Shutterstock
Mike Valles
Updated:

In a historic move, Medicare costs have declined for the first time in years. Seniors on Medicare will enjoy a reduction in the cost of Medicare Part B by a few dollars.

The reason for the savings is that a drug called Aduhelm, which treats Alzheimer’s, was less expensive than was projected for 2022. Medicare saved more money than expected and is returning some of the savings to enrollees by discounting Part B.

Mike Valles
Mike Valles
Author
Mike Valles has been a freelance writer for many years and focuses on personal finance articles. He writes articles and blog posts for companies and lenders of all sizes and seeks to provide quality information that is up-to-date and easy to understand.
Related Topics