Government Sets Higher Medicare Rates and New Surcharge
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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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Numerous media reports have indicated big increases for Medicare and employer-sponsored health insurance premiums and for the number of Americans lacking health insurance.
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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.
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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
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The standard Medicare premium will rise to $96.40 a month next year, an increase of $2.90 a month. The 3.1 percent increase is the smallest since 1999-2000.
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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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Medicare patients&#39; monthly premiums for outpatient care will jump a record $11.60 next year, while deductibles for hospitalized patients will rise $36, the biggest jump in 14 years.
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The US government on Tuesday proposed expanding Medicare coverage for costly implanted heart devices, a decision expected to benefit makers Guidant Corp.
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WASHINGTON - The Bush administration said Wednesday that extra money it is paying Medicare managed care plans is leading to lower costs and better services for patients.
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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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Calls are deepening for the government to assume more of the costs of medical care through nationalized health care.
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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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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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A day after President Bush touted his efforts to help the elderly cope with increased medical expenses, federal officials announced the largest premium increase in the Medicare program&#39;s
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TUESDAY, Jan. 8 (HealthDay News) -- The new Medicare prescription drug plan was largely responsible for an 18.7 percent increase in Medicare spending in 2006, which was double the increase in spending from the year before, U.S. health officials report.
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WASHINGTON - 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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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.