Medicare

Health insurance is an important consideration for every family — including farmers and ranchers in rural areas, where options may be limited. Insurance coverage and research was discussed during the AgriSafe Talking Total Farmer Health Podcast.

It’s official: Our Social Security increase for 2023 will be 8.7%. They say it’s the largest increase in 40 years. For the average senior, that’s going to mean a $146 monthly increase.

Before we know it, that yearly event will be here — when we have to decide what to do about our Medicare plans between Oct. 15 and Dec. 7 for coverage that will begin Jan. 1.

The Medicare Part B monthly premium is going up in 2022 by $21.60, one of the biggest increases ever. One of the reasons for it is the massive cost of a new Alzheimer’s drug, Aduhelm. Our new premium will be $170 per month.