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US Medicare patients to pay higher premiums

www.chinaview.cn 2004-09-06 08:39:01

BEIJING, Sept. 6 (Xinhuanet) -- US Medicare patients' monthly premiums for outpatient care will jump a record US$11.60 next year, while deductibles for hospitalized patients will rise US$36, the biggest increase in 14 years, reported Monday's China Daily.

The hospital deductible will gain 17.4 per cent to US$912 on January 1, and the monthly premium for a doctor's care will increase 4.1 per cent to US$78.20, the Centres for Medicare and Medicaid Services said. Social Security income increases are likely to be less than 3 per cent in 2005, said Robert M. Hayes, president of the Medicare Rights Centre in New York.

Article from ChinaView.com