BUSINESS
By Janet Kidd Stewart and Janet Kidd Stewart,Chicago Tribune | January 28, 2007
Lincoln Emery isn't panicked yet about the $5 monthly increase in his Medicare Part B premiums this year. After taxes, he's receiving about $38 in cost-of-living adjustments to his Social Security and military pension benefits. But as the premiums escalate, the 77-year-old Hamptonville, N.C., resident worries that if he is lucky enough live into his 80s or 90s, those annual increases will disappear, and his income of roughly $22,000 will be eroded by inflation. "I own my home free and clear and only have to take care of myself and my dog, so it isn't hitting me too bad yet," he said.
NEWS
By New York Times News Service | September 25, 2006
WASHINGTON -- When Medicare mistakenly sent premium refunds to 230,000 people who had signed up for prescription drug coverage, the Bush administration said the error resulted from a rare computer glitch. But government records and interviews with federal officials show it was the latest example of a strained, often dysfunctional relationship between two of the government's biggest programs. For more than a year, officials who run the two programs, Social Security and Medicare, have struggled to mesh their computer systems so that Medicare premiums are correctly withheld from Social Security checks, and low-income people get the extra help to which they are entitled.
NEWS
By Richard Rainey and Richard Rainey,LOS ANGELES TIMES | October 20, 2004
WASHINGTON - More than 47 million elderly and disabled people will receive a 2.7 percent cost-of-living increase - an average of about $25 a month - in their Social Security benefits starting in January, the government announced yesterday. But for many of those who participate in Part B of Medicare, which covers visits to doctors' offices, almost half of the benefit increase will disappear before they ever see it. The government announced last week that the Medicare premium, which typically is deducted from Social Security checks, would rise by $11.60 a month next year.
NEWS
September 13, 2004
IT'S ALL VERY well for presidential candidates to be squawking over potential terrorist attacks. But there is a real danger looming that isn't getting nearly as much attention, though its impact is likely to be far broader - the soaring cost of health care. The Bush administration deftly buried the news on Labor Day weekend that Medicare premiums will rise next year by 17 percent to $78.20 a month. That's a lot of money for retirees on fixed incomes - often elderly widows living exclusively on Social Security - and it doesn't even buy drugs.
NEWS
By NEW YORK TIMES NEWS SERVICE | July 7, 1998
WASHINGTON -- President Clinton will punish health insurance companies that, in violation of a 1996 law, deny coverage to sick people by excluding them from the lucrative insurance market for federal employees, administration officials said yesterday.The law was intended to make insurance more readily available to millions of Americans who change or lose their jobs.But federal and state officials said they saw worrisome signs that some health insurance companies were circumventing the law. They said some companies discouraged sales to eligible individuals, charged very high premiums or penalized insurance agents selling coverage to customers with pre-existing medical problems.
NEWS
By George F. Will | May 28, 1998
SAN DIEGO -- The woman introducing Lt. Gov. Gray Davis to this lunchtime audience of feminist lawyers says he is unlike some men, who vote right but then "retreat to their cigar-and-brandy male-bonding sessions." Mr. Davis, trying to become California's fourth Democratic governor in this century and the first since 1982, assures his listeners that in his 20s cigars were occasions of sin, but he has put away childish things.He is determined to rise to the governorship on the steppingstones of his dead self, but today, he says, he will not stoop to delivering "a political speech in the classic sense."