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The Independent UK
The Independent UK
National
Via AP news wire

Medicare recipients to see premium cut — but not until 2023

Copyright 2022 The Associated Press. All rights reserved

Medicare recipients will get a premium reduction — but not until next year — reflecting what Health and Human Services Secretary Xavier Becerra said Friday was an overestimate in costs of covering an expensive and controversial new Alzheimer's drug.

Becerra’s statement said the 2022 premium should be adjusted downward but legal and operational hurdles prevented officials from doing that in the middle of the year. He did not say how much the premium would be adjusted.

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