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Hedging against triple whammy of Medicare price hikes

Investment News

The price tag for Medicare is expected to swell dramatically Jan. 1 as the result of several factors.

It's expected that:

•Medicare Part D premiums will grow 8% on average and by as much as 20% for some of the most popular Medicare prescription drug plans.

•The Medicare Part B deductible, a charge that all but the poorest beneficiaries pay, will increase 52%, from $147 to $244 per person annua

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