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Thursday, January 10, 2013

In one pocket & out the other

The government giveth with one hand and takes away with the other.

Medicare Part B monthly premium for outpatient services went up $5 to $104.90. The $5 comes out of the $21 monthly increase for the average Social Security recipient, who gets $1,261.

The Part B annual deductible went up $7 to $147 and the Part A (hospitalization) increased $28 to $1,184. 

Medicare recipients average spending $4,500 a year of their own money for health care, according to the nonprofit Medicare Rights Center.

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