medicare News

medicare News From AOL News

In Budget Plan, Obama Seeks Cuts and Higher Taxes

WASHINGTON -- Forcefully rejecting Republican budget-cutting plans, President Barack Obama on Wednesday proposed lowering the nation's future deficits by $4 trillion over a dozen years and vowed he would not allow benefit cuts for the poor and the elderly to pay for tax breaks for the rich. "That's not right and it's not...

Baby Boomers' Retirement Dilemma [VIDEO]

GOP Budget Proposal Would Increase Health Cost for Future Retirees

WASHINGTON -- Most future retirees would pay considerably more for health care under the new budget proposed by House Republicans, according to an analysis by nonpartisan experts for Congress that signals problems ahead for the plan. The fiscal blueprint would put people now 54 and younger in a different kind of health...

Medicare Rise Could Mean No Social Security Cost of Living Adjustment

WASHINGTON - Millions of retired and disabled people in the United States had better brace for another year with no increase in Social Security payments. The government is projecting a slight cost-of-living adjustment for Social Security benefits next year, the first increase since 2009. But for most beneficiaries,...

Opinion: What Does Government Do?

Pop quiz. What's the biggest single job the federal government undertakes? National defense? Nope. Homeland security? Wrong. Transportation? Not even close. Law enforcement? No way. Education? Getting colder. Foreign aid? Are you kidding? Nope, the biggest single thing the federal government does these days is ......

Background on medicare

Medicare is a national social insurance program, administered by the U.S. federal government in 1965, that guarantees access to health insurance for Americans ages 65 and older and younger people with disabilities as well as people with end stage renal disease.

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