Medicare Helps Push Drug Spending Up
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Spending on prescription drugs rose briskly in 2006 as the Medicare drug benefit kicked in and the government's share of expenditures for medicines surged, according to a federal study to be released today. Overall, health-care spending in the United States continued its climb, rising 6.7 percent...
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&quot;While Medicare patients will receive little or no benefit in return for the increase in premium payments next year, the prescription drug bill provided an immediate and dramatic increase
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WASHINGTON One day after President George W. Bush touted his efforts to help the elderly cope with increased medical expenses, US officials announced the largest premium increase in the Medicare program&#39;s history, raising the monthly expense $11.
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The Bush administration will ask Congress to increase the monthly premiums that wealthier Medicare beneficiaries pay for prescription drug coverage, officials said Friday.
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WASHINGTON - Medicare premiums for doctor visits will rise 17 percent next year, the Bush administration said Friday. The $11.60-a-month increase is the largest in the program's 40-year-history...
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A lawmaker's inquiry could slightly increase the cost of the Medicare drug benefit if its results are publicized, congressional auditors said Tuesday.
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Medicare premiums for doctor visits will rise about 17.4 percent next year, the Bush administration said yesterday. The $11.60-a-month increase is the largest in the program&#39;s 40-year history.
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Rising cost projections for the new Medicare drug benefit alarmed U.S. lawmakers on Wednesday and set off renewed calls to restrain spiraling drug prices and allow pharmaceutical imports from Canada.
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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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How to benefit from increased spending on preventative medicine.
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ST. PAUL - Minnesota officially joined six other states Thursday in a prescription-drug-purchasing pool aimed at getting cheaper medicine for people in the Medicaid program.
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Medicare beneficiaries will have more options for prescription drug coverage in 2007, officials said.
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The basic Medicare premium will rise next year to $93.50 a month, an increase of $5, the Bush administration announced Tuesday.
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WASHINGTON - The Bush administration announced a proposal Monday to expand Medicare coverage for certain clinical trials for cancer drugs and pay cancer doctors to measure patient reaction to potent medication.
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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 cost of living adjustment intended to help more than 47 million Social Security recipients keep up with inflation is expected to be a tad larger in 2005 than it was this year, but the bad news is that much of the increase will be eaten up by higher Medicare premiums.
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Texas seniors could save an average $1,584 in prescription drug costs using the Medicare drug discount card program, according to a recent study.