Congress may be poised to head off a potential premium spike for some Medicare beneficiaries.
As part of a short-term government funding bill passed by the House last week and expected to be considered by the Senate on Wednesday, any increase in Medicare Part B premiums for 2021 would be capped.
While it’s still uncertain what the standard premium would be for 2021 — it is based on an actuarial formula and typically revealed in early November for the next year — estimates have proved tricky this year due to economic upheaval from the coronavirus pandemic.
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“One thing that’s really hard about this year is that there’s been increased costs from treating Covid, but decreased cost from people