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Medicare Costs

How Much You'll Pay for Medicare in 2016

Jim T. Miller | Posted 11.12.2015 | Fifty
Jim T. Miller

All things considered, the news regarding your Medicare costs next year is pretty good. For about 70 percent of the nation's 52 million Medicare beneficiaries, there will be no Part B premium increase in 2016.

Huge Premium Increase Likely For Millions With Medicare

Diane Archer | Posted 09.16.2015 | Fifty
Diane Archer

Every year but two for the last 40 years, people have seen a cost-of-living increase in their Social Security checks, an inflation adjustment. But, they will see no increase at all in their Social Security benefit in 2016.

7 Things You Really Need To Know About Medicare But Probably Don't

The Huffington Post | Ann Brenoff | Posted 06.25.2015 | Fifty

Many people think that when they turn 65, they'll be eligible to skate down Medicare Boulevard, relying on the federal system to take care of their ev...

Americans' Upside-Down View Of Medicare's Problems

NPR | Scott Hensley | Posted 09.20.2013 | Fifty

Medicare is big. And as America gets grayer, the health insurance program for seniors and the disabled is going to get a lot bigger — and more expen...

Does Medicare Eliminate Waste? Not With Popular Diabetes Drugs

Martha Rosenberg | Posted 09.09.2013 | Politics
Martha Rosenberg

"There can't be a medical reason that so many more patients on Medicare need brand name drugs compared to those than at the VA."

Better Prices on Medical Equipment -- Good for Medicare, Good for Beneficiaries

Joe Baker | Posted 08.31.2013 | Politics
Joe Baker

Decades of research consistently demonstrate that Medicare pays too much for medical equipment. The competitive bidding program is a triple win: lower costs for older adults and people with disabilities, the right prices for Medicare and a better deal for American taxpayers.

Three Reasons Why Medicare Cost-Shifting Is the Wrong Solution

Joe Baker | Posted 04.23.2013 | Politics
Joe Baker

The president opened last week's State of the Union address calling for "modest" changes to contain Medicare costs. Yet, there is little consensus among lawmakers on what to do about Medicare. As this discussion unfolds, Congress must remember three key Medicare facts.

Amid Budget Battle, A Surprising Finding On Medicare Costs

Jeffrey Young | Posted 03.12.2013 | Business
Jeffrey Young

We hear a lot about how Medicare spending is out of control and will bankrupt the federal government if left unchecked. Against that backdrop, a report issued by the Department of Health and Human Services today includes findings that might surprise some people.

Millions To Face Higher Premiums

AP | RICARDO ALONSO-ZALDIVAR | Posted 12.20.2012 | Money

WASHINGTON -- They may not agree on much else, but there's a change to Medicare that President Barack Obama and Republicans both support: Expand a lit...

Don't Cut Medicare Benefits -- Tackle Drug Prices

Joe Baker | Posted 01.29.2013 | Politics
Joe Baker

So long as the federal government grossly overpays pharmaceutical companies for drugs, what is the justification for balancing the deficit on the backs of people with Medicare?

Controlling Rising Health Care Costs: Medicare Is the Solution, Not the Problem

Joe Baker | Posted 01.13.2013 | Politics
Joe Baker

Medicare does a better job than private plans at controlling health care costs. Thanks to the Affordable Care Act, Medicare will lead the market in providing better quality care at a lower price.

The Exorbitant Cost of Dying

Paul Raeburn | Posted 01.23.2014 | Healthy Living
Paul Raeburn

Krieger reports that feeding tubes can help some patients initially, but they can also keep them alive long past the time that they would have died.

Outrage Over Payments for Medical Devices

Andrew Lerner | Posted 05.08.2012 | Denver
Andrew Lerner

That a hospital would be willing to pay nearly $9,000 more for a product than another is unbelievable. Seriously: you shouldn't believe it. No hospital would willingly do this, if they knew what the going rate for these devices was.

Does President Obama Want to Impose a Crushing Burden on Our Children?

Dean Baker | Posted 11.12.2011 | Politics
Dean Baker

The latest budget proposal to raise the age of Medicare eligibility is a proposal to increase health care costs to our children and grandchildren by $2.7 trillion. The idea that this cut is being presented as somehow helping our children is a sick joke.

Congress and Medicare

Dana P. Goldman | Posted 07.31.2011 | Politics
Dana P. Goldman

Medicare is one of the few areas in government where we know what to do to start saving money. Congress' long history of support for wasteful Medicare spending shows that we can't trust it to help.

What You Pay For Medicare Won't Cover Your Costs

AP | RICARDO ALONSO-ZALDIVAR | Posted 05.25.2011 | Home

WASHINGTON — You paid your Medicare taxes all those years and want your money's worth: full benefits after you retire. Nearly three out of five ...

House Dems Reach Agreement On Reining In Medicare Costs

AP | DAVID ESPO | Posted 05.25.2011 | Politics

WASHINGTON — House Democrats announced agreement Friday on far-reaching steps designed to rein in the relentless growth of Medicare, part of a c...

Medicare "Rip Off" Strikes Elderly As Obama Tries To Reform Healthcare

Bloomberg | Avram Goldstein | Posted 05.25.2011 | Business

Feb. 4 (Bloomberg) -- Just as President Barack Obama starts his overhaul of the U.S. medical system, providers of U.S.- backed health plans for the el...