Business

Medicare premiums could rise for many retirees

By Ricardo AlonsoZaldivar
Published December 20, 2012 5:10pm ET
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Medicare premiums could rise for many retirees
Red lights illuminate Pennsylvania Avenue as the U.S. Capitol glows in the twilight, in Washington, Wednesday, Dec. 19, 2012, as talks continue on the looming fiscal cliff. (AP Photo/Jacquelyn Martin) | Jacquelyn Martin

WASHINGTON (AP) — They may not agree on much else, but there’s a change to Medicare that President Barack Obama and Republicans both support: Expand a little-known law so more retirees that the government considers well-off are required to pay higher monthly premiums.

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