ACA Limits Medicare Premium Increase To 5%, CMS Says

Law360, New York (November 19, 2012, 7:07 PM EST) -- Medicare premiums next year will climb 5 percent, about half as much as expected, the Centers for Medicare & Medicaid Services said Friday in a development it heralded as evidence of cost savings delivered by health reform.

The government said monthly payments for Medicare Part B medical insurance will rise to nearly $105 from about $100, a significant pullback from earlier projections that saw bills spiking to $109. That's welcome news for Social Security beneficiaries who will keep more of a 1.7 percent cost-of-living adjustment that...
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