Medicare | featured news

House and Senate Republican leaders told President Barack Obama Thursday that they will refuse to nominate candidates to serve on an advisory board that is to play a role in holding down Medicare costs under the new health care act.

President Barack Obama's re-election has stiffened Democrats' spine against cutting popular benefit programs such as Medicare and Social Security. Their new resolve could become as big a hurdle to a deal that would skirt crippling tax increases and spending cuts in January as Republicans' resistance to raising tax rates on the wealthy.

Social Security retirement benefits for nearly 62 million Americans will go up 1.7 percent next year, the Social Security Administration said on Tuesday, a small increase that may not cover rising premiums for the Medicare elderly health insurance program.

Nearly six in 10 Medicare recipients would pay higher premiums under a hypothetical privatized system, with wide regional differences leading to big hikes in some states and counties, a study released Monday finds.

Here's one program candidates aren't likely to mess with: The Medicare prescription drug plan. A new poll sponsored by a health care group shows that 90% of seniors are satisfied with the program known as Medicare Part D, and approval has constantly risen since the plan came on line in 2006.

New polling by Reuters/Ipsos indicates that during the past two weeks - since just after the Democratic National Convention - support for Romney among Americans age 60 and older has crumbled, from a 20-point lead over Democratic President Barack Obama to less than 4 points.

...So Massachusetts used not just federal Medicaid money but federal dollars above and beyond that Medicaid money to finance their health reforms. It is difficult to see how Romney’s proposal to cut Medicaid spending and hand that reduced share over to the states would allow other states to follow Massachusetts’ example. It might not even permit Massachusetts to continue following Massachusetts’ example.

It has been a central campaign promise from Mitt Romney: His Medicare overhaul plan would not touch benefits for anyone older than 55. That may not, however, be the case with the Republican presidential nominee’s other health-care proposals. A growing body of research suggests that his plans to repeal the Affordable Care Act and cut Medicaid funding would have a direct impact on the health care that seniors receive.

More Americans got health insurance coverage in 2011, as young adults jumped onto their parent’s health insurance plans, the U.S. government said Wednesday. More also got public health insurance under the Medicare and Medicaid programs.

Romney insists his plans would help the middle class; Obama criticizes his rival's lack of specifics. After a week in which Democrats repeatedly attacked his economic plan as beneficial to the rich and devastating to the poor, Republican nominee Mitt Romney insisted Sunday that his tax and budget proposals would help rebuild the middle class in America.