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Thumb of Michigan | Government is throwing some $$$ at advantage plans to help keep the increase of premiums/deductibles down this year. The Inflation Reduction Act, where the amount you pay for drugs was established, putting the insurance companies on the hook. Which the insurance companies would of passed on to the consumer.
I'm not a fan of advantage plans, but even my Part D coverage premium under regular Medicare has an increase in premium (over 400% in my case).
Here's a little more info on the government tossing money (only $15 per member, per month, IIRC):
https://www.politico.com/news/2024/08/13/biden-adiminstration-medica... | |
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