Medicare’s finances are looking brighter than expected, according to a report released this week. Medicare’s improved finances are due to a slowdown in healthcare costs.
It is uncertain whether the health-spending slowdown is "the result of a sluggish economy or represents a dividend from President Obama's health care law, and more recent Medicare cuts by Congress." Private insurers are also shifting more costs to patients.
Medicare’s Part B monthly premium for outpatient care is expected to remain unchanged for next year, at $104.90, with average premiums for prescription coverage increasing by less than $2 a month.