Due to the creeping effects of inflation, 20 million Medicare beneficiaries would end up paying higher "income related" premiums for their outpatient and prescription coverage under President Obama's budget.
President Barack Obamas new plan to raise Medicare premiums for upper-income seniors would create five new income brackets to squeeze more revenue for the government from the top tiers of retirees.
Next year is the year President Barack Obama's signature health care law goes into high gear, covering millions of uninsured Americans by a mix of private plans and government programs infused with tens of billions of dollars in taxpayer money.
President Barack Obama's new budget offers Medicare cuts to entice Republicans into tax negotiations, while plowing ahead to cover the uninsured next year under the health care law the GOP has bitterly fought to repeal.
President Barack Obama's new budget offers Medicare cuts to entice Republicans into tax negotiations, while plowing ahead to cover the uninsured next year under the health care law the GOP has bitterly fought to repeal.
Republican lawmakers are heaping praise on a former nurse picked by President Barack Obama to run Medicare and Medicaid, and also oversee his health care law.
President Barack Obama's budget next week will steer clear of major cuts to Medicaid, including tens of billions in reductions to the health care plan for the poor that the administration had proposed only last year.
How do you convince millions of average Americans that one of the most complex and controversial programs devised by government may actually be a good deal for them?
The nation's leading group of financial risk analysts says medical claims costs the biggest driver of insurance premiums will jump an average 32 percent for individual policies under President Barack Obama's health care overhaul.