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Biden-Harris administration using taxpayer
money to mask Medicare premium hikes before
election: critics

Original Article

Posted By: Moritz55, 8/14/2024 11:42:01 AM

In a move critics say is designed to shield the Biden-Harris administration from election fallout, the administration has leveraged taxpayer funds to mask upcoming increases in Medicare premiums. Under the Inflation Reduction Act (IRA), which was intended to cap out-of-pocket drug costs for Medicare beneficiaries, insurers are poised to significantly hike monthly premiums, with average bids for Part D plans expected to triple by 2025. In response to potential voter backlash, the Centers for Medicare and Medicaid Services (CMS) rolled out a three-year "demonstration project" to subsidize these premiums, aiming to keep them artificially low.

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Reply 1 - Posted by: Nimby 8/14/2024 11:50:56 AM (No. 1777894)
Despicable fraudsters
11 people like this.

Reply 2 - Posted by: privateer 8/14/2024 11:57:10 AM (No. 1777900)
So... the Dummy-Brat Administration is stealing your taxes, to use to bribe you to re-elect them---so they can then steal more of your taxes.
17 people like this.

Reply 3 - Posted by: Highlander 8/14/2024 12:15:31 PM (No. 1777906)
So much malfeasance by our fraudulent government; I ask, where , in hell, are our Republican reps!!!?
14 people like this.

Reply 4 - Posted by: mobyclik 8/14/2024 5:55:02 PM (No. 1778032)
They need more money to pay for free healthcare (Medicare) for the illegals.
3 people like this.

Reply 5 - Posted by: mifla 8/15/2024 7:53:28 AM (No. 1778207)
I used to look at third world countries and ask myself how their governments could be so corrupt. I now can answer my own question.
1 person likes this.

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Posted by Moritz55 8/14/2024 11:42:01 AM Post Reply
In a move critics say is designed to shield the Biden-Harris administration from election fallout, the administration has leveraged taxpayer funds to mask upcoming increases in Medicare premiums. Under the Inflation Reduction Act (IRA), which was intended to cap out-of-pocket drug costs for Medicare beneficiaries, insurers are poised to significantly hike monthly premiums, with average bids for Part D plans expected to triple by 2025. In response to potential voter backlash, the Centers for Medicare and Medicaid Services (CMS) rolled out a three-year "demonstration project" to subsidize these premiums, aiming to keep them artificially low.
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