The roughly 65 million retirees who collect Social Security benefits in the US will get a 8.7% increase next year, the largest bump since 1981, to compensate for the highest inflation bout in decades
Problem is the inflation numbers are made up. It's a lot more. Next month well over 9% and climbing. They just needed to hold the appearance down until the COLA decision was made.
You have to check to see if there are any changes to co-pays, coinsurance and deductibles. It looks great to say 'look, premiums decreased!' when it may just be a slight of hand. Premiums are just one aspect of the policy.
Good overview:
https://www.forbes.com/sites/bobcarlson/2022/10/11/medicare-premiums-drop-in-2023-but-thats-not-the-full-story/?sh=643f841341c4
For most of us that aren't rich (over $500,000 A YEAR), our medicare advantage (part b) premiums are going down. I guess if you are making that much a year, I don't care how much more you will pay and you probably don't either. The article says nothing about co-pays, deductibles only the cost of some drugs being reclassified. You have to be enrolled in a part B (medicare advantage) plan or you will pay higher premiums later when you need the extra benefits they offer. The medicare premiums and the Part B premiums are going down for nearly everyone that is not already pretty loaded.