The Price of Health: Medicare Part B Premiums Now Tied to Income
Until now, the federal government has paid 75 percent of the Medicare premium, and beneficiaries have been responsible for 25 percent, regardless of income. Congress changed the rules to require those with more resources to pick up a greater share of the tab. Not everyone is pleased with the change. “Medicare’s success derives from its universality,” says a position paper posted on the website for the Medicare Rights Center. “People with higher incomes already pay more in taxes for public programs, including Medicare.”
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