Record rise in Medicare fees
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Medicare premiums will rise 17.4 percent next year, or $11.60 a month, the largest dollar increase in the program&#39;s 40-year history, the US Health and Human Services Department said Friday.
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THURSDAY, Jan. 31 (HealthDay News)  -- The three-year-old Medicare Part D drug program is seeing the number of its enrollees climb, even as costs for the program fall, U.S. health officials announced Thursday.
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WASHINGTON Sept. 4, 2004 - Medicare premiums for doctor visits are going up a record $11.60 a month next year. The Bush administration says the increase reflects a strengthened Medicare, while Democrats complain that seniors are being unfairly socked.
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Health care costs grew faster than the overall economy in the first half of this year, according to a study released Thursday. Although the increase
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New, sharply higher charges announced for Medicare beneficiaries this month may prompt more elderly people to join Medicare health maintenance organizations operated by private industry, according to insurance executives and industry analysts.
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The prices for about 200 prescription drugs commonly used by seniors in the United States 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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US Medicare patients&#39; monthly premiums for outpatient care will jump a record US$11.60 next year, while deductibles for hospitalized patients will rise US$36, the biggest increase in 14 years, reported Monday&#39;s China Daily.
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Health insurance premiums rose five times faster than U.S. workers' salaries this year, according to a survey released on Thursday that also showed slippage in the percentage of American workers covered by employer health plans.
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Sept. 4, 2004 - The largest cost increase in the history of the Medicare program - 17.4 percent for those with Part B â-as announced for 2005 yesterday by the Department of Health and Human Services.
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The cost of employee health coverage rose 7.7 percent this year, more than double the overall inflation rate and well ahead of the increase in the incomes of workers.
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More than 47 million Americans receiving Social Security will get a 2.7 percent increase -- an extra $25, on average -- in their monthly checks next year, but much of the increase will be eaten up by higher Medicare premiums.
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Employers are facing continued double-digit increases in health care costs in 2005 and likely will require their workers to pay an even greater share of the bill, according to a new survey of more than 900 firms.
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Most people will have to pay 5.6 percent more for basic Medicare coverage next year, but more affluent beneficiaries can expect increases as high as 83.2 percent as the federal government for the first time requires wealthier seniors to pay higher premiums, Medicare officials announced today.
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As the Labor Day weekend began, federal health officials held a late-afternoon briefing to announce that 42 million disabled and elderly Medicare beneficiaries will be hit with the largest premium increase in 14 years.
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Medicare premiums for doctor visits will rise 17 percent next year, the Bush administration said Friday. The &#36;11.60-a-month increase is the largest in the program's 40-year-history.
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Health insurance premiums for workers are rising around three times faster than their wages, and health costs eat up a quarter of earnings for more than 14 million Americans, according to a survey on Tuesday.
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A day after President Bush heralded his efforts to help the elderly cope with increased medical expenses, federal officials announced the largest premium increase in