Medicare payments for US elderly to rise 17 pct
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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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The Census Bureau says the population of those 65 and older will increase more rapidly in the West than in any other area of the country. While retirees settle in, states are figuring out how to keep up with an aging population. Will there be enough doctors and nurses? Hospitals and nursing homes? Will housing be affordable?
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The Bush administration said that Democratic proposals to hold down the scheduled 17 percent increase in Medicare premiums next year would lead to much higher premiums in 2006.
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About half of cost-of-living adjustment to Social Security benefit to go to Medicare premium hike. NEW YORK (CNN/Money) - Social Security beneficiaries will likely get about $24 a month more next year under
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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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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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Prices spiked 4.1 percent last year, the highest increase in 17 years.
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The cost of caring for aging Americans will add 25 percent to the nation's health care bill by 2030 unless people act now to stay healthy, the U.S. Centers for Disease Control and Prevention said on Thursday.
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Medicare's new prescription drug  coverage should help most elderly, including some of the  poorest beneficiaries, save money, but nearly a quarter will  pay more for medicine, according to an analysis released on  Monday.
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More than 47 million Americans will get a 2.7 percent increase in their Social Security checks starting in January, meaning an additional &#36;25 per month for the typical retiree. But almost half of that gain will be gobbled up by a record increase in Medicare premiums.
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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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The announcement of the 17 percent hike came a day after President Bush heralded his efforts to help the elderly with medical costs.
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Price increases for the 197 brand-name prescription drugs most widely used by older Americans slowed during the third quarter. Costs were up 0.5 percent, less than earlier in 2004 or during the same period last year, AARP said Monday.
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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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Social Security benefits for more than 47 million Americans will increase 2.7 percent next year, the government announced today. But higher Medicare premiums will take
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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 nation's 47 million Social Security recipients got a bit of good news yesterday: their checks next year will increase 2.7 percent, or an average of $25 thanks to the program's annual cost-of-living adjustment. But looking further into the future, the news is less encouraging. A trio of forces -- higher taxes, rising medical costs, and a mandated increase in ...