Dems work to stop hike in Medicare
WASHINGTON — With no Social Security cost-of-living increase expected in January, House Democrats want to cancel all of next year's premium increases for Medicare Part B recipients.
Most seniors won't face a Medicare premium increase anyway, but Democrats say those few who would should be shielded. A vote on a bill to stop the Part B increases was scheduled for today.
With no Social Security cost-of-living allowance, the vast majority of Medicare recipients already are exempt from premium increases for Part B, which provides coverage for doctor's visits. However, a small group of seniors would face increases. The standard premium is projected to go from $96.40 a month this year to $104.20 a month in 2010. Some could face premiums high as $120 a month, according to House Democrats.
The House bill would eliminate the premium increases, using $2.8 billion from a fund established in 2008 to improve Medicare.
"These hikes would threaten the pocketbooks of new enrollees and retirees, as well as state budgets, which cover premiums for low-income seniors," said Rep. Pete Stark, D-Calif., chairman of the House Ways and Means health subcommittee.
One Republican lawmaker complained about the short notice of the vote. The bill was unveiled Wednesday and a vote was scheduled for a day later, with no public hearings.
"Why couldn't we have held a hearing on this and marked the bill up in the month that we've been back?" said Rep. Joe Barton, R-Texas.
Social Security COLAs and Medicare Part B premiums have been tied together for years because most seniors have their Medicare premiums deducted from their Social Security payments.
The Social Security Administration projects no cost-of-living increases for the next two years because the adjustments are pegged to inflation, which has been negative this year, largely because energy prices are below 2008 levels.
