Most Medicare enrollees will see the premium taken from their Social Security checks, possibly taking a lot of seniors' 5.8 percent cost-of-living increase.
Biden's social agenda legislation would take significant action to lower drug costs for Medicare recipients.
. Other provisions that would reduce costs more immediately don't take effect for a couple of years. The Medicare premium increase would hit first. The issue has turned into a case study of how one pricey medication can swing the needle on government spending and impact household budgets. People who don't have Alzheimer's would not be shielded from the cost of Aduhelm, since it's big enough to affect their premiums.
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