Bush Adm. Announces 13% Jump In Basic Medicare Premiums… 51% Increase Since 2003
New York Times:
The Bush administration announced on Friday that the basic Medicare premium would shoot up next year 13 percent, to $88.50 a month, mainly because of the increased use of doctors' services.
Many beneficiaries will pay an additional premium for the new prescription drug benefit, expected to average $32 a month. So the combined premiums for doctors' services, outpatient hospital care and prescription drugs will average slightly more than $120 a month.
First Posted: 09-17-05 12:14 PM | Updated: 03-28-08 02:43 AM