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What’s Behind the Medicare Part B Premium Spike?
The nearly 67 million Americans who depend on Medicare will ring in the new year with an unwelcome cost increase. The Centers for Medicare and Medicaid Services (CMS) has announced that Part B premiums will rise to $203 per month from $185 in 2025. That $18 (or 10%) increase will consume about one-third of the average Social Security Cost-of-Living Adjustment (COLA). “The average COLA will be $56 per month before the $18 Medicare Part B premium hike, leaving the average Social Security beneficiary with an effective monthly increase of $36 next year” noted our President and CEO Max Richtman in a news release.
What Does the End of the Shutdown Mean for Older Americans?
As the longest government shutdown in U.S. history finally ends, many of our readers are asking: what does this deal mean for older adults? We supported Democratic efforts to extend Affordable Care Act (ACA) premium subsidies. Without Congressional action to extend these subsidies, millions of “near seniors”— aged 54 to 65— are poised to face dramatically higher health insurance premiums in 2026.
Trump & GOP Intransigence Will Hike Health Care Premiums
Open enrollment season for Affordable Care Act (ACA) plans arrives amid a severe threat from Trump and congressional Republicans —- who continue to block the extension of crucial ACA premium subsidies. These subsidies have helped middle and lower-income Americans afford health coverage since they were enacted during the Covid pandemic. This is what the government shutdown — now in its fifth week — is all about. Democrats insist that the subsidies be extended; Trump and the GOP have refused, despite the economic pain and health insecurity their actions will inflict on everyday Americans – including millions of MAGA voters. The president and his party won’t even negotiate with Democrats to end the shutdown.
New Senior Poverty Data Disproves ‘Greedy Geezer’ Myth
Conservative think tanks have been pushing a false narrative that older Americans who collect Social Security are somehow ‘ripping off’ younger adults. This propaganda ignores the facts — pitting hardworking Americans (of all ages) against one another. While right-leaning analysts push the argument that younger workers shouldn’t have to pay into Social Security while wealthy ‘greedy geezers’ collect benefits, the data tells a different story. New statistics show that poverty among seniors is on the rise, reaching 15% in 2024, according to the U.S. Census Bureau’s Supplemental Poverty Measure (SPM).
News from the Frontlines of the Fight Against Alzheimer’s
In this week’s episode of our You Earned This podcast, Dr. Heather Snyder of the Alzheimer’s Association tells us about some common misconceptions about Alzheimer’s disease while also sharing exciting developments in research, treatment, and prevention. These advances should be welcome news to America’s Seniors, demonstrating important steps forward in the ongoing fight against Alzheimer’s.