From the New York Times:
A day after President Bush heralded his efforts to help the elderly cope with increased medical expenses, federal officials announced the largest premium increase in dollars in the Medicare program's history, raising the monthly expense by $11.60 to $78.20.
The increase, which amounts to 17 percent, results largely from increased payments to doctors and reflects rising medical expenses generally, officials said. The rise has nothing to do with a program that will start in 2006 to offer prescription drugs, for which beneficiaries must pay a separate premium.
The increase immediately became grist for an increasingly contentious presidential campaign. Phil Singer, a spokesman for the Kerry campaign, released a statement saying, "After doing nothing about the record increases in the cost of health care over the last four years, George Bush is presiding over a Medicare system that is socking seniors with the largest premium hike in the program's 40-year history."
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