Private Plans Costing More for Medicare
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Members of Congress expressed concern about new data indicating that Medicare pays private health plans more than it would cost to care for the same patients in the traditional program.
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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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Federal officials say rising costs, increased payments and some new benefits mean Medicare must raise its Part B premium 17% next year for most of the nearly 42 million seniors and disabled people covered by the program.
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The U.S. Medicare program will charge   lower than expected premiums next year in the U.S. health   insurance plan for the elderly, but wealthier recipients for   the first time will pay more for doctor visits and other care   outside the hospital.
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Oct. 7, 2004 - Medicare Advantage plans, the group program option to fee-for-service Medicare, are seeking to expand coverage to 1.6 more seniors and persons with disabilities and also lowering the cost
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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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Texas seniors could save an average $1,584 in prescription drug costs using the Medicare drug discount card program, according to a recent study.
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The number of companies, especially smaller businesses, that are going private is on the rise as compliance costs increase.
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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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Retirees with company-sponsored medical benefits face higher costs, more restrictions and different plan options as their former employers move to curb their spending on such perks, a new study said.
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Older Americans will have to pay  about 17 percent more next year -- the largest increase in  Medicare's history -- for their government-run health  insurance, U.S. officials announced on Friday.
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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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Triad Hospitals Inc., up $6.38 at $49.65.   The hospital operator agreed to go private in a $4.7 billion deal from affiliates of CCMP Capital Advisors and Goldman Sachs.   Herbalife Ltd., up $7.02 at $40.12.
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THURSDAY, Nov. 1 (HealthDay News) -- In 2006, introduction of the U.S. Medicare Part D prescription drug benefit increased the number of seniors' prescriptions by 158 million, at a cost of $32 billion to Medicare, a new study concludes.
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The private health insurance industry says independent economic modelling shows Labor&#39;s Medicare Gold policy would be too expensive in the long-term.
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Health plans with high patient-paid deductibles, embraced by many Republicans as a market-based solution to quell soaring medical-care costs, lead to poorer quality care and increasing patient debt, a study released on Thursday said.
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he Medicare premium increase announced last week - the largest in the program&#39;s history - has ratcheted up campaign accusations on both sides.