The\u00a0Biden\u00a0administration on Tuesday announced that Medicare Part B premiums will decrease in 2023, marking the first time this cost has been lowered in more than a decade.<\/p>\n
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The Centers for Medicare & Medicaid Services (CMS) announced that Medicare Part B premiums would be lowered by three percent, or $5.20, going from $170.10 a month to $164.90. The program\u2019s annual deductible will also fall by $7, from $233 to $226.<\/p>\n
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The last time Medicare Part B premiums fell was in 2012 when they went from $115.40 to $99.90 a month, a decrease of 13.4 percent.<\/p>\n
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In 2022, Medicare Part B premiums rose by 14.5 percent, one of the largest annual increases ever seen in the program\u2019s history. A major factor in this increase was the inclusion of Aduhelm, the first Alzheimer\u2019s medication approved by the Food and Drug Administration in 20 years.<\/p>\n
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The drug was highly scrutinized due to questions regarding its efficacy in treating Alzheimer\u2019s disease as well as its sky-high price. Aduhelm initially cost $56,000 before its manufacturer Biogen announced it was halving the price to $28,200.<\/p>\n
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Foreshadowing:\u00a0<\/strong>News of this decrease does not come as a complete surprise, as Health and Human Services Secretary Xavier Becerra had said in May that the premiums in 2023 would be adjusted in light of a report that found the cost of including Aduhelm in Medicare had been overestimated. This report was ordered following Biogen\u2019s decision to decrease the cost of Aduhelm.<\/p>\n","protected":false},"excerpt":{"rendered":" The\u00a0Biden\u00a0administration on Tuesday announced that Medicare...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-52818","post","type-post","status-publish","format-standard","hentry","category-u-s-a"],"_links":{"self":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/52818","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=52818"}],"version-history":[{"count":1,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/52818\/revisions"}],"predecessor-version":[{"id":52819,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/52818\/revisions\/52819"}],"wp:attachment":[{"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}