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Rising Medicare costs taking toll on seniors.(The Dallas Morning News)
Byline: Bob Moos
DALLAS _ Doris Boykin of Dallas says she's an expert at cutting corners: She's careful about what she buys at the grocery. She turns off her window air conditioner more than she'd like. And she delays much-needed home repairs.
But even with all that effort, the retired 84-year-old office manager says, "I'm lucky to have a dollar left at the end of the month."
Boykin's only income is her Social Security check. What especially irks her, she says, is that almost half of the modest increase in her benefits this year _ which is meant to cover the increased cost of living _ was eaten up by higher Medicare premiums.
"As they say, `Now you see it. Now you don't.'"
Her lament is familiar among many older adults as Medicare premium increases outstrip the annual cost-of-living adjustments for Social Security recipients.
Washington politicians wrangle over how best to respond: Should premium increases be capped? Or is help already on the way in the form of Medicare's new prescription drug benefit, which will help ...
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Source: HighBeam Research, Rising Medicare costs taking toll on seniors.(The Dallas Morning News)