Tag Archives: politics

Medicare change?

Strengthen the Independent Payment Advisory Board (IPAB) The IPAB is a group of 15 health experts (generally appointed by the president and approved by the Senate) who are required to recommend ways to hold down Medicare spending growth if that … Continue reading

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Raise Medicare Premiums???

Most Medicare beneficiaries pay a monthly premium for doctor visits (Part B) and prescription drug coverage (Part D).  The premiums people pay for parts B and D covers about 25% of what Medicare spends on these services.  Individuals with annual … Continue reading

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Lords, love, and the curse…

Just finished an excellent romance novel with a fascinating plot and fully fleshed out characters.   A Scottish witch, a noble Lord, and a duke’s daughter are all intertwined in this tale of The Chattan Curse.  LYON’S BRIDE by Cathy Maxwell. The … Continue reading

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Reduce Medicare Coverage?

Increase Supplemental Plan Costs and Reduce Coverage Even with Medicare coverage, seniors are often left with significant health care costs, so many people purchase supplemental private insurance coverage (such as Medigap plans) to reduce their out-of-pocket expenses.  One proposal would charge … Continue reading

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Increase Medicare Payroll Tax Rate?

The primary source of funding for Medicare hospital services (part A) comes from the payroll tax.  Workers and their employers contribute 1.45% of earnings for a total contribution of 2.9%.  Medicare also offers coverage for physician services (part B) and … Continue reading

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Will Drug Companies Give Rebates or Discounts to Medicare?

Here is another idea for tweaking Medicare.  Under current law, drug manufacturers are required to give rebates or discounts to the Medicaid program for prescription drugs purchased by Medicaid beneficiaries.  However, Medicare Part D — the optional prescription drug coverage … Continue reading

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Will Medicare become a Premium Support Plan?

Today is Grandparents Day.  Medicare is very important to most Grandparents, now and in the future. Here is another way Medicare may change. Change Medicare to a Premium Support Plan (This is essentially the Romney Ryan plan) Under this proposal, … Continue reading

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