Posts tagged Medicare

Source: www.huffingtonpost.com – Wednesday, April 10, 2013
Some seniors would pay more for Medicare benefits in the future under President Barack Obama's budget proposal for the coming fiscal year. The $ 3.8 trillion White House budget unveiled Wednesday renews calls for charging wealthy Medicare beneficiaries more for physician and prescription drug coverage. The spending framework also raises costs for people who join Medicare in 2017 and later for some services, and levies a surcharge on beneficiaries who buy comprehensive health insurance plans to supplement their Medicare coverage. "If we want to preserve the ironclad guarantee that Medicare represents, then we're going to have to make some change but they don't have to be drastic ones," Obama said Wednesday when he introduced his budget for fiscal year 2014, which begins on Oct. 1. "They are reforms that keep the promise we've made to our seniors: basic security that is rock-solid and dependable and there for you when you need it." Wealthier Medicare beneficiaries would pay higher premiums for Medicare Part B , which covers physician visits and other outpatient care, and Medicare Part D, the prescription-drug benefit, starting in 2017. That same year, everyone enrolled in Part B would face a higher deductible. People who join Medicare in 2017 or later, and buy supplemental health insurance that covers all or most of their Medicare deductibles and cost-sharing expenses would pay extra for Medicare Part B. According to White House est

Obama Renews Call For Wealthy To Pay Higher Medicare Costs