Medicare costs may drive away almost everyone
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We shouldn&#39;t have been so shocked when the Bush administration sneaked out the news under cover of the Labor Day weekend that the Medicare Part B monthly premium is rising next year by 17.
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The costs of the Medicare and  Medicaid health insurance programs are rising at unsustainable  rates that will force policy makers to adopt major changes to  curb spending, the head of the Congressional Budget Office  warned on Monday.
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Some Iowans may cut back on their coverage, and the state faces having to pay more for Medicaid, officials say. Sharply higher Medicare premiums announced last week by the Bush administration will have a double
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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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WASHINGTON -- Filling the doughnut hole in Medicare drug plans would cost seniors and the disabled about $40 a month more.
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MONDAY, Feb. 4 (HealthDay News) -- President Bush's new budget proposal would cut $196 billion over five years from both Medicare and Medicaid --  programs that provide health care to millions of poor and elderly, federal officials announced Monday.
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Most people have no plans to put money aside to pay for the extra care they will need in old age, a survey suggests.
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Americans who previously had no health insurance rack up some expensive medical bills once they are old enough to be covered by Medicare, researchers said on Wednesday.
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Many cannot easily shop around for the best bargains on their drugs, as other Medicare beneficiaries are supposed to do.
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Depending on whom you ask, the budget that President Bush proposed  last week will save or sink Medicare and Medicaid, two popular programs that, along with Social Security, threaten to swamp the federal budget as the baby-boom generation retires.
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A wide range of experts on long-term care express serious concern that the new Medicare law will be unworkable for most of the 1.5 million Americans who live in nursing homes.
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The multi-billion-dollar health care programthat helps fund everything from medical colleges to insurance for poor children may run a shortfall by the end of the state fiscal year.
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Even with Medicare, you'll end up paying nearly half of your health-care expenses, so if you don't have retiree coverage from your employer, you may want supplemental insurance. Make sure you have what you need.
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Projections for 2005 show that most Americans and businesses should be worried about what is becoming the most costly aspect of their daily lives - paying for health care.
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I am sick of being blamed for bankrupting the country's future. The coming collapse of Social Security, soaring drug costs in Medicare, the breakdown of Medicaid -- all my fault! Because I and millions of others are growing older and are about to become eligible for these giant public programs.
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Health plan fees are soaring and many of the nationâs early retirees are having a hard time paying the bills.
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Physician reimbursement accounts for a third of the increase, and it could become a target for political battle. Washington -- The steep rise in next year&#39;s Medicare Part B premiums can be tied in part to