Bill Passes House On Medicare Premiums
This happened fast! From Congressional Quarterly:
The House on Thursday passed a bill that would prevent Medicare premiums from rising sharply for about 11 million.
The vote was 406-18.
The legislation would block a big increase in Medicare Part B premiums for the affected seniors, who account for about 27 percent of those enrolled in the health insurance program for the elderly and disabled.
They are in jeopardy of a steep increase in their monthly premiums because of complexities in federal law and the likelihood that Social Security recipients won't get a bump in their benefits next year to cover the cost of the premium increase. ...
The Senate is expected to act on the premium bill soon.
The bill would cost $2.8 billion and would be offset by reducing the Medicare Improvement Fund, which theuses to make improvements to .