Social Security/Medicare

H.R. 3932 and S. 2219 the Medicare Prescription Drug Savings and Choice Act, would require the Department of Health and Health and Human Services to establish a Medicare-run drug plan as an alternative to privately offered Part D plans. The bill would require HHS to negotiate drug prices for individ...

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Bibliographic Details
Published inTax Management Financial Planning Journal Vol. 23; no. 11; p. 296
Format Trade Publication Article
LanguageEnglish
Published Washington Bloomberg BNA 20.11.2007
Subjects
Beneficiaries
Bills
Consumers
Cost control
Cost of living adjustments
Earnings
Employees
Insurance coverage
Medicare
Prescription drugs
Retirement
Social security
Social security taxes
Tax rates
Workers
Workers with disabilities
United States > US
Online AccessGet full text
ISSN8756-1360
1558-7290

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Summary:H.R. 3932 and S. 2219 the Medicare Prescription Drug Savings and Choice Act, would require the Department of Health and Health and Human Services to establish a Medicare-run drug plan as an alternative to privately offered Part D plans. The bill would require HHS to negotiate drug prices for individuals enrolled in the plan. On October 17, the maximum amount of earnings subject to Social Security tax will increase to $102,000 in 2008, up from $97,500 in 2007.
ISSN:8756-1360
1558-7290