A bill to amend title XVIII of the Social Security Act to give the Secretary of Health, Education, and Welfare authority to waive all or part of an automatic increase in the inpatient hospital deductible.

Amends Title XVIII (Medicare) of the Social Security Act to authorize the Secretary of Health, Education, and Welfare to waive all or part of an automobile increase in the inpatient hospital deductible where the Secretary determines that such increase would seriously impair the economic well-being of individuals receiving benefits under the Medicare program.