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Democrats Urge CMS Not to Increase Premiums

By Brandon Lee, Bloomberg Government — Jan 19, 2022

Democrats Urge CMS Not to Increase Premiums: Rep. Angie Craig (D-Minn.) and over 30 other Democrats called on the Centers for Medicare & Medicaid Services to reconsider a 14.5% increase in Medicare Part B premiums this year. The agency last year announced that Medicare’s Part B monthly premium for 2022 would increase by $21.60—”an increase largely driven by the exorbitant launch price of a newly approved Alzheimer’s drug called Aduhlem,” according to a statement from Craig’s office, referring to the controversial treatment from Biogen, which has since reduced its list price by half. Read their letter here.

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