Monday, October 19, 2009

Rise In Medicare Premiums


The basic Medicare premium will increase by 15% next year. This would be the first time that monthly premiums would be over $100. Kathleen Sebelius, the secretary of health and human services, said in a Times Article:
“We are in tremendously difficult economic times, and seniors are being hit particularly hard...The last thing seniors need right now is a substantial increase in their Medicare premiums, and many seniors will see such an increase if no action is taken.”
However, only about 27% of those covered by medicare will have to pay this new higher premium because the remaining percent of people are legally protected from seeing their monthly premiums increase. These increasing costs of medical costs are just another indication that something has to done with our current healthcare system.

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