Controversial Alzheimer Drug Linked to Medicare Premium Rise
As reported by The Hill, premiums for seniors on Medicare will increase by more than $20 per month next year, with the controversial Alzheimer drug aducanumab cited as a major contributing factor to the rise in cost. As one of the largest increases in recent years, the Biden administration announced Friday that Medicare Part B premiums will increase by $21.60, from $148.50 in 2021 to $170.10 in 2022. Half of the increase was indicated to be due to contingency planning for financing the Alzheimer drug, which costs $56,000 per year. Administration officials said that the growth in costs will be greatly offset by large cost-of-living increases given to Medicare recipients in their Social Security payments next year.
COVID-19 Booster Shots Expand to All Adults in 3 States
Amid growing research suggesting a waning protection for people vaccinated against SARS-CoV-2 and a rising trend in breakthrough cases, CBS News reports that California, Colorado, and New Mexico have expanded eligibility for booster shots to all adults aged 18 and older. With booster access currently available for seniors and other high-risk individuals, the decision by the 3 states, who have some of the highest rates of new COVID-19 infections nationwide, will be in defiance of the FDA and CDC recommendations. Other states were noted to be considering lifting age restrictions as well.