
You opened your statement expecting the usual small increase, but the number staring back at you felt like a mistake. For many New York seniors, the reality of Medicare Part B premiums hitting the 200 dollar mark is a major financial blow. It is frustrating to feel like your fixed income is being squeezed by a system you have paid into for your entire life. Honestly, the cost of healthcare in the Empire State is rising faster than the national average. Here is the truth about why your premiums are spiking and how you can protect your budget from these rising costs.