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Sunday, October 14, 2007
Medicare 2008 premium hike low, but doctor pay remains unresolved ...
It is outrageous that all Medicare patients are helping subsidize overpayments to private insurance companies while only one in five Medicare patients participates in a private Medicare plan," said American Medical Association Board of Trustees Chair Edward L. Langston, MD. "Medicare patients' premiums are rising, yet the government is cutting payments to the doctors who care for them, which will make it harder for seniors to see the doctor.
"Many people have the mistaken notion that such a low Medicare premium increase is good news for seniors, but they forget that it's been rising five times faster than their Social Security checks," said Shannon Benton, executive director of the Senior Citizens League. "Medical expenses alone are leaving seniors to fend for themselves with all other rising costs."
"Increases in Medicare premiums are the result of overpayments to the insurance companies that are trying to privatize Medicare," said House Energy and Commerce Committee Chair John Dingell (D, Mich.). "These increases do not go unnoticed by seniors."
AMNews: Oct. 22/29, 2007. Medicare 2008 premium hike low, but doctor pay remains unresolved ... American Medical News
here's a short video. BTW. this information came from AARP.
http://youtube.com/watch?v=zq1tgigO6_k