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Friday, September 03, 2004

Medicare premiums to jump 17%


Largest increase ever attributed to new prescription drug plan and expanded preventative services.September 3, 2004: 7:17 PM EDT
WASHINGTON (Reuters) - The Department of Health and Human Services announced Friday afternoon the largest increase ever in Medicare premiums, an increase of over 17 percent that will affect 38.9 million Americans.
Starting in January, the elderly will pay $78.20 per month for non-hospital services, up $11.60 from $66.60 this year, the Centers for Medicare and Medicaid Services said.

Full story here.

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