US Medicare patients to pay higher premiums
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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 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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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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More than 47 million Americans receiving Social Security will get a 2.7 percent increase -- an extra $25, on average -- in their monthly checks next year, but much of the increase will be eaten up by higher Medicare premiums.
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Many elderly and disabled Americans participating in the Medicare drug benefit next year will have more plans to choose from as the number of companies offering coverage nationwide jumps to 17.
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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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&quot;While Medicare patients will receive little or no benefit in return for the increase in premium payments next year, the prescription drug bill provided an immediate and dramatic increase
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WASHINGTON - The cost of living adjustment intended to help more than 47 million Social Security recipients keep up with inflation is expected to be a tad larger in 2005 than it was this year, but the bad news is that much of the increase will be eaten up by higher Medicare premiums.    The Social Security Administration was announcing the new cost of living adjustment, or COLA, Tuesday, but in advance of the release many private economists were predicting a gain of slightly better than 2.5 percent, which would be up from the increase Social Security recipients received at the beginning of this year of 2.1 percent...
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US Medicare premiums will increase by 17 percent in 2005, an increase unequaled in the history of medicare. Monthly premiums will increase by $11.
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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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MONDAY, Nov. 22 (HealthDay News) -- One part of the new Medicare drug plan passed by Congress earlier this year could live up to its advance clippings and save people a lot of money. But some people could end up spending more than &#36;750 out-of-pocket even after they participate in the program.
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Older Americans will have to pay about 17 percent more next year for their government-run health insurance, US officials announced on Friday.
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With a new Medicare drug benefit set to begin in 2006, Americans 65 and older can expect to spend a large and growing share of their Social Security checks on
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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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Description: Medicare officials announce the largest-ever increase in Medicare premiums in the program&#39;s 40-year history. In 2005, seniors and the disabled who purchase coverage under Medicare&#39;s Part B program
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Medicare patients will have more prescription drug coverage options next year as additional companies offer plans nationwide and many change current offerings, U.S. officials said on Friday.
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Description: NPR&#39;s Alex Chadwick talks to Bob Moon of Marketplace about a new study showing that in 2004, health insurance premiums rose five times faster than the salaries of US workers.