Retirees to Feel Rise in Drug Plan Costs
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Most large employers will maintain prescription drug benefits for retirees after the Medicare drug insurance program begins in 2006, but many will be at reduced levels, according to a study released Tuesday.
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Medicare's new prescription drug coverage should help most elderly, including some of the poorest beneficiaries, save money, but nearly a quarter will pay more for medicine, according to an analysis released on Monday.
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The cost of providing long-term care for the elderly could soar by the middle of this century, experts warn.
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One part of the new Medicare drug plan passed by Congress earlier this year could live up to its advance clippings and save people a lot of money.
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Older Americans will have to pay  about 17 percent more next year -- the largest increase in  Medicare's history -- for their government-run health  insurance, U.S. officials announced on Friday.
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The US government has announced a record increase in Medicare premiums for 2005, and all depending which side you&#39;re on in the Presidential race, it&#39;s either an enhanced package for senior citizens, or the elderly population is being socked with the
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Older Americans will have to pay  about 17 percent more next year for their government-run health  insurance, U.S. officials announced on Friday.
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Most seniors will have to pay 5.6 percent more for basic Medicare coverage next year, officials announced yesterday. But premiums for more affluent beneficiaries will increase by as much as 83 percent, because the federal government for the first time will require wealthier people to pay more.
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Roughly 19 million people are expected to reap some savings from Medicare&#39;s new prescription drug benefit, according to an independent analysis released Monday.
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The total cost for U.S employers and   their workers to buy health insurance coverage is expected to   rise by 6 percent next year, a survey said on Tuesday.
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The cost of residential care for the elderly is set to double in the next 20 years, research suggests.
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Medicare&#39;s new prescription drug coverage should help most elderly, including some of the poorest beneficiaries, save money, but nearly a quarter will pay more for medicine
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About half of cost-of-living adjustment to Social Security benefit to go to Medicare premium hike. NEW YORK (CNN/Money) - Social Security beneficiaries will likely get about $24 a month more next year under
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MONDAY, Nov. 22 (HealthDay News) -- One part of the new Medicare drug plan passed by Congress earlier this year could live up to its advance clippings and save people a lot of money. But some people could end up spending more than &#36;750 out-of-pocket even after they participate in the program.
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Prices for about 200 prescription drugs  in the United States commonly used by seniors rose nearly twice  the rate of inflation, a seniors group said on Tuesday, making  a case for letting the government negotiate drug prices.
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Brand-name drug prices jumped nearly 4 percent during the first three months of the year, raising costs for taxpayers subsidizing the Medicare drug program and for some of those participating in it, AARP said Tuesday.
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The Bush administration is advancing a proposal to levy higher premiums and deductibles on upper-income seniors enrolled in Medicare's new prescription drug benefit, raising fees on beneficiaries with incomes over about $80,000 a year, administration officials said yesterday.