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The Palm Beach Post's veteran Washington correspondent, Larry Lipman, tracks policy makers and interest groups who are shaping the future of the federal health insurance program for the elderly.Medicare Web Resources
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Medicare is the federal health care system that covers about 36 million people age 65 and older, plus 7 million disabled. It has four parts:
Financed by a 2.9 percent payroll tax divided equally between employees and employers.
Financed by beneficiary premiums and federal general revenue. Current monthly premiums are $93.50. Starting this year, individuals whose taxable income is more than $80,000 will pay a higher premium.
Financed by Medicare and beneficiary premiums, which vary among plans.
The plans are private and financed by Medicare and beneficiary premiums, which vary among plans.
-- Larry Lipman
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All the entries posted on July 07, 2008.
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Home > Medicare Monitor > Archives > 2008 > July > 07
Monday, July 7, 2008
Baucus: Gut sense of wiggle room on veto
By Larry Lipman | Monday, July 7, 2008, 02:26 PM
Senate Finance Committee Chairman Max Baucus just told reporters he has a “gut sense there is some wiggle room,” regarding President Bush’s threat to veto the House-passed Medicare bill that would avert a 10.6 percent physician pay cut.

Since the Senate came up one vote short of the 60 needed for cloture before it recessed two weeks ago, Baucus said he’s received indications from some GOP senators that they might change their vote if there is another cloture vote, possibly Wednesday or Thursday. But Baucus wouldn’t say which senators have indicated they might switch.
Baucus said the president may be dissuaded from vetoing the bill depending on the size of the vote. The House passed the bill with a 355-59 veto-proof margin last month.