Every year we find ourselves smack dab in the middle of the annual enrollment period before the Centers for Medicare and Medicaid Services releases the costs associated with Medicare for the following year.
Even though we want to give our clients as much information as we can in September, we are often limited by access. However, there are a few ways we can make relatively accurate assumptions about where certain parameters of Medicare coverage are headed.
The board of trustees for Medicare releases a report each year that outlines the financial stability and trajectory of Medicare. This report is extremely thorough and makes some assumptions about the future costs of such things as the Medicare Part B premium and deductible, Medicare Part A deductible, income-related monthly adjustment amount and so on.
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