Bush Proposes Linking the Medicare Drug Premium to Beneficiariesâ Income
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President Bush proposed legislation to increase drug premiums for higher-income Medicare beneficiaries, which he said would generate $3.2 billion over five years.
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Health-care initiatives aimed at federal retirees and employees are under consideration in Congress and in the Bush administration.
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Low-income Americans who get a government subsidy are projected to have most of their spending on prescription medicines wiped away in the Medicare drug benefit that begins in 2006, according to an independent analysis released Monday. But several million people actually would spend more on drugs under the new program.
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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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President Bush, who has promised that his plan to allow private investment accounts in Social Security would give workers a &quot;better rate of
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A U.S. group charged with helping to  develop Medicare guidelines released a proposal on Thursday  classifying medicines in groups that could determine how likely  certain drugs would be covered under a new prescription drug  benefit.
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A US group advising Medicare on its new prescription drug benefit released a proposal on Thursday that could determine how likely the latest medicines are to be covered for the elderly.
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The Bush administration said that Medicare would soon pay for counseling to help beneficiaries stop smoking.
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In December 2003, Bush signed the new Medicare Prescription Drug and Modernization Act into law. Many seniors expected it to provide much needed relief from escalating health care costs.
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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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PORTSMOUTH, N.H.  - President Bush suggested in an  interview published on Wednesday he may be open to raising the  cap on Social Security taxes paid by high-income earners, but  told a crowd in New Hampshire he would reject an increase in  the payroll tax rate.
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A U.S. group charged with helping to develop Medicare guidelines released a proposal on Thursday classifying medicines in groups that could determine how likely certain drugs would be covered under a new prescription drug benefit.
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When people enroll in a Medicare drug plan later this year, the first option for paying their monthly premiums will no longer be through a deduction in their Social Security check. Instead, the government will encourage beneficiaries to pay insurers directly.
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Sept. 22, 2004 -- Medicare is preparing to directly mail prescription drug discount cards to 1.8 million low-income elderly beneficiaries.
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A leaked White House memo on Social  Security suggested on Thursday that President Bush may favor  cutting benefits for future retirees as part of a plan to  privatize the popular federal program.
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As some lawmakers clamor for letting  Medicare directly negotiate drug prices, Medicare's chief said  on Wednesday that the health program for the elderly could save  more money by letting the private sector set prices.
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For a president who delivered more than $500 billion in drug and health benefits to people  older than 65, Bush is not enjoying an advantage with the beneficiaries of that largess.