medicare tax hike
Posted by WARREN MOSLER on February 19th, 2010
Same macro result as a tax hike.
Premiums Jump 14% on Medicare Private PlansBy Ricardo Alonso-Zaldivar
Feb. 19 (AP) —Millions of seniors who signed up for popular private health plans through Medicare are facing sharp premium increases this year — another sign that spiraling costs are a problem even for those with solid insurance.
A study to be released Friday by a major consulting firm found that premiums for Medicare Advantage plans offering medical and prescription drug coverage jumped 14.2 percent on average in 2010, after an increase of only 5.2 percent the previous year. Some 8.5 million elderly and disabled Americans are in the plans, which provide more comprehensive coverage than traditional Medicare.
February 19th, 2010 at 1:58 pm
Marshall Auerback got another piece published in huffington post.
http://www.huffingtonpost.com/marshall-auerback/deficit-hawks-and-the-fal_b_467683.html
Warren, any thought to revising your speech in Dallas for readership and approaching HP?
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February 19th, 2010 at 3:49 pm
good idea. problem is i can’t keep up with what i’m already doing.
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Jason Reply:
February 20th, 2010 at 11:19 am
Do you want me to take a crack at editing it to read more like a editorial / less like a speech? In my non-online posting life I do a lot of high-level writing. Let me know.
cheers
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February 20th, 2010 at 10:59 am
“medicare tax hike
Same macro result as a tax hike.”
Recently became conservator for an elderly relative and have had quite an education. Isn’t this a private hike in premiums so transfers remain in the private sector?
Sounds like you could some R&R!
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