Webmaster:  Betty Jayne Volpe, bjvolpe@optonline.net

Medicare Premium

Many emails are circulating as to the future premiums for Medicare, reporting (falsely) that premiums will be raised to $247 in 2014.  This is completely erroneous.  Medicare officials project the basic premium will be less than half that. But the law will eventually cause 14 % of seniors with incomes over $85,000 a year ($170,000 for couples) to pay higher "income-related" premiums, up from 5 % currently.

Please note :

Medicare Part B Standard Premium (projected, Feb. 2011)

2012  --  $108.20
2013  --  $112.10
2014  --  $ 117.10

Source: Center for Medicare & Medicaid Services, Office of the Actuary

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