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Alzheimer's Drug Cited As Medicare Premium Jumps By USD 21.60

Washington (AP) Medicare's Part B outpatient premium will jump by USD 21.60 next year, one of the largest increases ever. Officials said Friday a new Alzheimer's drug is responsible for about half of that. The increase guarantees that health care costs will gobble up a big chunk of the recently announced Social Security cost-of-living allowance, a boost that had worked out to USD 92 a month for the average retired worker.. - via

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