Most Medicare Recipients Have Modest Incomes, Kaiser Reports

If you’ve ever wondered about the finances of people receiving federally funded Medicare benefits - are they wealthy, poor or somewhere in between? - a new chart provides some clues. This interactive infographic, released by the Kaiser Family Foundation, takes into account assets, income, age and more as it delivers a financial picture of the estimated 52.4 million people on Medicare. The graphic also includes projected data for 2030, so you can see how current recipients measure up against future beneficiaries. >> Sign up for the AARP Money …

The Story of Medicare – in Just 7 Minutes

What better time to reflect on how far Medicare has come from its origins nearly 50 years ago to its position front and center in debates over how to bring the federal deficit under control? Written and produced by the staff of the Kaiser Family Foundation, “The Story of Medicare: A Timeline” offers an animated timeline of the program’s history, including the debate that led to its creation in 1965, the passage and repeal of the medicare catastrophic coverage in …

Health Law Was a Wash in the Election, Poll Finds

By Jordan Rau, Senior Correspondent, Kaiser Health News After two years of noise and stridency on the 2010 health care law, the Affordable Care Act ended up being a wash in the presidential election, a new poll finds. Both President Barack Obama and Republican Mitt Romney ended up getting equal support among voters who said the law was a “major factor” in their vote for president, according to the poll from the Kaiser Family Foundation conducted shortly after last Tuesday’s election. (KHN is …

GOP Plan Would Cut Medicaid By $1.7 Trillion, Study Says

By Phil Galewitz of Kaiser Health News The House Republican plan to repeal President Barack Obama’s health law and turn Medicaid into a block grant program would save the federal government $1.7 trillion from 2013 to 2022, a 38-percent spending reduction, according to a report today by the Urban Institute for the Kaiser Family Foundation. It would also result in 31 million to 38 million fewer people getting Medicaid coverage in 2022, according to the report. The entitlement program, which is …

New Poll Shows Significant Age Divide on GOP Medicare Plan

By Jordan Rau of Kaiser Health News The Republican proposal to change Medicare that has been championed by GOP vice presidential candidate Paul Ryan remains unpopular with Americans, although younger people are more receptive to it than older ones, according to a new poll. Only 37 percent say that the program should be changed to a “premium support” system in which the government provides beneficiaries with a fixed amount of money to buy coverage, either from traditional Medicare or private …

Disturbing Trends in Kaiser Health Insurance Survey

Low-wage workers tend to pay more for less robust health insurance coverage, according to a new survey. For family health care plans, employees at lower-wage companies paid an average of $700 more per year, despite the typical policy for these workers being worth $1000 less than average.