The Spark

“The emancipation of the working class will only be achieved by the working class itself.” — Karl Marx

Medicare Premium Jump

Nov 22, 2021

At the same time that seniors are being told they are getting an increase in their monthly Social Security checks in 2022, the increase in the cost for Medicare’s “Part B” outpatient premium will take a chunk out of their checks. The premium increase is $21.60 a month, one of the largest ever.

According to Medicare officials, about half of that increase is to plan if the program has to cover ONE DRUG, Aduhelm, the new $56,000 a year medication for Alzheimer’s disease, from pharmaceutical company Biogen.

When an individual robs a convenience store, they go to jail. But when a multibillion-dollar pharmaceutical company puts a $56,000 price tag on ONE drug, 64 million Americans are supposed to pay for this grand larceny out of their own pockets.