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million on medicare could see premiums rise as much as 50%. with higher deductible, as well. here s major garrett. reporter: the increase in out-of-pocket medical costs would affect doctors visit, surgeries and medical supplies such as walkers and wheelchairs. currently the monthly premium is $10 4. it could rise to $159. eight million could face these higher costs. about a million are federal retirees. jessica klement of the national active and retired federal employees association. $55 a month makes a big, big difference to individuals living on a fixed income. reporter: here s the problem: health care costs are rising fast. by law 70% of people on medicare are protected from higher premiums if they don t get a social security cost of living raise. that s what s going to happen next year, which leaves only 30% of medicare patients to absorb all the higher health care costs. that 30% includes the wealthy, seniors who recently signed up for medicare and federal em ....
year because inflation is too low to trigger one. the bad news gets worse: unless congress acts, many of the 55 million on medicare could see premiums rise as much as 50%. with higher deductible, as well. here s major garrett. reporter: the increase in out-of-pocket medical costs would affect doctors visit, surgeries and medical supplies such as walkers and wheelchairs. currently the monthly premium is $10 4. it could rise to $159. eight million could face these higher costs. about a million are federal retirees. jessica klement of the national active and retired federal employees association. $55 a month makes a big, big difference to individuals living on a fixed income. reporter: here s the problem: health care costs are rising fast. by law 70% of people on medicare are protected from higher premiums if they don t get a social security cost of living raise. next year, which leaves only 30% of medicare patients to absorb all the higher health care costs. that 30 ....
million on medicare could see premiums rise as much as 50%. with higher deductible, as well. here s major garrett. reporter: the increase in out-of-pocket medical costs would affect doctors visit, surgeries and medical supplies such as walkers and wheelchairs. currently the monthly premium is $10 4. it could rise to $159. eight million could face these higher costs. about a million are federal retirees. jessica klement of the national active and retired federal employees association. $55 a month makes a big, big difference to individuals living on a fixed income. reporter: here s the problem: health care costs are rising fast. by law 70% of people on medicare are protected from higher premiums if they don t get a social security cost of living raise. that s what s going to happen next year, which leaves only 30% of medicare patients to absorb all the higher health care costs. seniors who recently signed up for medicare and federal employees. congress can reverse t ....
million on medicare could see premiums rise as much as 50%. with higher deductible, as well. here s major garrett. reporter: the increase in out-of-pocket medical costs would affect doctors visit, surgeries and medical supplies such as walkers and wheelchairs. currently the monthly premium is $10 4. it could rise to $159. eight million could face these higher costs. about a million are federal retirees. jessica klement of the national active and retired federal employees association. $55 a month makes a big, big difference to individuals living on a fixed income. reporter: here s the problem: health care costs are rising fast. by law 70% of people on medicare are protected from higher premiums if they don t get a social security cost of living raise. that s what s going to happen next year, which leaves only 30% of medicare patients to absorb all the higher health care costs. that 30% includes the wealthy, seniors who recently signed up for medicare and federal em ....
monday in new york city and you are watching a special edition of market makers. erik chapter. i am stephanie ruhle. eriklready been schatzker. i am stephanie ruhle and already been a morning. mount bridgwater, two men who had no companies and we had a great conversation is more that throughout the day. founder of omega. i had a good weekend in vegas. it. not think i could on nicki minaj jim langevin bloomberg, you have gone full circle and it is a win. a lot coming up on the show today. heaven, as are financials is here in the date. he is remaking the department. out of doubt. you re also sneaking with the man of the hour. and it clearly the winner. but that is coming up later in the afternoon. her aailed to win conviction in one case. every other case, mess. insider trading charges. as goes on. i am very interested to know, you behind flock a holding institutions accountable? you people, guns do not help people. the same kind of thing applies when you co ....