Summary
On November 10, the Centers for Medicare & Medicaid Services (CMS) announced a 10% increase in monthly Part B premiums for dual eligibles and certain other Medicare beneficiaries in calendar year (CY) 2017. FFIS estimates the premiums will increase the state share of Medicaid costs by $490 million. This is significantly less than the initial estimate of $1.1 billion based on projections from the Medicare Trustees Report released this summer.