If media reports are to be believed, "means-testing" Medicare is the newest Capitol Hill answer to the embattled program's troubles. According to the Washington Post and New York Times, Congress is considering tripling Medicare Part B premiums for the very wealthiest of beneficiaries, from about $700 a year to more than $2,100.
But even though raising Medicare premiums for the wealthiest beneficiaries might sound like an easy way to improve the program's finances -- and make it more egalitarian, to boot… more