Millions Face a 50% Medicare Premium Hike If Congress and Obama Don't Act
Source: The Fiscal Times
Under mounting pressure from seniors and labor groups, congressional leaders and the Obama administration are rushing to find a way to avert a huge Medicare premium increase of 50 percent or more for nearly a third of the 50 million elderly Americans who are reliant on Medicare for their physician care and other health services.
House Speaker John Boehner (R-OH), House Minority Leader Nancy Pelosi (D-CA) and White House officials have been scrambling behind the scenes to spare millions of seniors the expense of huge Medicare Part B premium hikes. While the problem pales in comparison to the larger budget issues, including highway spending and debt ceiling challenges, lawmakers are super sensitive to the concerns of seniors heading into the crucial 2016 election year.
“Congress has a responsibility to act,” Pelosi said in a statement this week. “If we do nothing, millions of American seniors will suffer. Democrats continue to press the Republican leadership to bring a fix to the floor so we can prevent the serious harm this increase will have on states and low-income seniors across the country.”
Some 70 national organizations, including AARP, labor groups and health insurance company trade associations, sent a letter to Republican and Democratic congressional leaders last week urging prompt action to block or mitigate the looming premium increases. “Older adults and people with disabilities cannot shoulder these unprecedented increases,” Joe Baker, president of the Medicare Rights Center, told The New York Times.
Read more: http://www.thefiscaltimes.com/2015/10/07/Millions-Facing-Hefty-Increase-Medicare-Premiums-2016
Did you also note that SS recipients won't be getting a COLA increase in 2016?
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War on the sick and aged!
Other countries last for thousands of years and here we are major slackers who can't even do their routine work.
will America make it to 500 years?
I waited for over 65 years to receive the benefits that I paid for while I was working, my employer paid into this system also, and should not be forgotten, but if they could they would have kept that money for there bottom line.
I am scheduled to go to the SS office this NOV to start getting this social retirement at the beginning of the year.
I paid into this system because I wanted to, because I always kept my eye on that age, that "means test" to get my social security.
I paid my taxes to help this country be the strongest in the world and sometimes the envy, even with all the warts we have.
I don't ask for much in return, but I do ask for respect----------------I think I and millions of others deserve it, we made you rich---------------why do attack me and millions of others is beyond belief .
And as for gutting 20% off the SSDI, why, because you hate me because I paid for this insurance, what did you have for another option, a card board sign with words on it, and have me living on street corner with that sign-------------again, you are a hypocrite, for hating me and millions of others
I want my Social Security, I want my Social Security Disability, and
I want my Medicare to be reasonable, that's all I ask--------------I am not in it for the money, but I am in it for respect and for the principles
What say you.............................
Honk-----------------------for a political revolution Bernie 2016
out on the ice floes while there still are some...
We outspend the rest of the world on a military that is of a size that is completely unjustified. We engage in perpetual warfare. The mission of the military should be less than one half the present size. This is total bullshit.
