Medicare beneficiaries making bigger incomes will have to pay greater premiums next year, an exit from the conventional approach of one-premium-for-all.
As reported by New York Times, on 11 September 2006, the Medicare beneficiaries making bigger incomes will have to pay greater premiums next year, an exit from the conventional approach of one-premium-for-all. It'll affect up to two million Medicare beneficiaries earning $80,000 or more. For those making $200,000 or greater, current $88.50 monthly premium may quadruple by 2009.
Surcharge for richer beneficiaries was also a provision in 2003-law, which set up prescription drug coverage for all participants of Medicare. According to the newspaper, Bush administration is likely to declare 2007-standard monthly premium later this month.
On the other front, advocates for those disabled on Monday asked Medicare's federal overseers for reversing the intended implementation of new rules, which according to the advocates, will limit compensation for high-tech wheelchairs and scooters.
The new rules, which are to be launched on Oct. 1, will also limit coverage for a number of Medicare beneficiaries to low-powered models, low-cost that the advocates said will not meet most patients' needs (patients who suffer from disabilities like multiple sclerosis, post polio syndrome or Parkinson's disease.
As per the president and CEO of the American Association of People with Disabilities, "These changes shall impact thousands of people in need of scooters and power wheelchairs". "With Baby Boomers growing older, there'll be an augmented need to meet their mobility needs, however, Medicare will not be there for them."
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