US Medicare, Medicaid Costs Rising Fast--CBO Chief
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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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Filling the doughnut hole in Medicare drug plans would cost older people and the disabled about $40 a month more.
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Sept. 4, 2004 - The largest cost increase in the history of the Medicare program - 17.4 percent for those with Part B â-as announced for 2005 yesterday by the Department of Health and Human Services.
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Health insurance premiums rose five times faster than U.S. workers' salaries this year, according to a survey released on Thursday that also showed slippage in the percentage of American workers covered by employer health plans.
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More than a quarter of growth in health care spending over the past 15 years is due to obesity, and experts say prevention is key to control soaring costs.
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Democratic presidential candidate John Kerry said Thursday that President Bush has failed to hold down rising health care costs during his four years in office, citing a new report that showed a double-digit increase in insurance premiums for the fourth
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US Medicare patients&#39; monthly premiums for outpatient care will jump a record US$11.60 next year, while deductibles for hospitalized patients will rise US$36, the biggest increase in 14 years, reported Monday&#39;s China Daily.
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The cost of Medicaid continues to grow faster than any other portion of state spending, overtaking primary education for the first time and forcing reductions in welfare and other assistance, according to a report released Tuesday by the nation's governors and budget officers.
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Health care costs grew faster than the overall economy in the first half of this year, according to a study released Thursday. Although the increase
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Increased medical spending may bust future budgets - and won't make Americans healthier, says the head of the Congressional Budget Office.
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Health care costs have risen much faster than the increases in social Security benefits, says John Kerry. He says the elderly of America will have a much better deal if he becomes President.
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WASHINGTON - Medicare premiums for doctor visits will rise 17 percent next year, the largest increase in the program's 40-year history, the Bush administration said Friday.    Monthly payments for Part B of the government health care program - doctor visits and most other non-hospital expenses - will jump to $78.20 from $66.60...
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Medicare premiums in the US will increase by 17.4 percent in 2005, the largest single increase in the 40 year history of the program.
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The Department of Health and Human Services announced Friday afternoon the largest increase ever in Medicare premiums, an increase of over 17 percent that will affect 38.
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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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The cost of health insurance premiums in the US rose three times faster than earning over the past four years, according to a report released today from the nonprofit Families USA.
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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.