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Seniors to pay 12% higher premiums for medicare next year [View All]

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Willy Lee Donating Member (925 posts) Send PM | Profile | Ignore Thu Mar-24-05 03:46 PM
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Seniors to pay 12% higher premiums for medicare next year
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March 24 (Bloomberg) -- Medicare may raise U.S. seniors' health-insurance premiums by 12 percent next year because of higher payments to doctors, a government report showed.

The increase would push premiums for doctor visits up 49 percent over three years to $87.70 a month, the health-insurance program's trustees said in an annual report yesterday. A separate premium for drug coverage would be $37.37 a month.

<snip>

Pollack's group found that patients' total out-of-pocket costs for Medicare next year would consume about 37.2 percent of a 65-year-old's Social Security check, and 42.7 percent of an 85- year-old's check. Five years later, that amount would exceed 39 percent for the 65-year-old and 44 percent for the 85-year-old, Pollack said.

http://www.bloomberg.com/apps/news?pid=10000087&sid=a6A8b4mPIqOA&refer=top_world_news

But watch out- SS is in CRISIS!!! Sick f^%$s
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