Obama: No voucher but costs may climb on Medicare
WASHINGTON – He’ll never turn Medicare into a voucher, but if you are lucky enough to be financially comfortable in retirement, odds are you’ll pay higher premiums under President Barack Obama’s plan. It’s not just the 1 percent who’ll feel the pinch.
And take note, baby boomers: The Medicare you get won’t be quite as generous as what your parents’ generation enjoys.
A higher deductible here, a new co-payment there, and the tweaks add up.
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