Estimated Part B Premiums 2007 - 2009 As Means Testing Begins

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Estimated Part B Premiums 2007 - 2009 As Means Testing Begins

Estimated Part B Premiums 2007 - 2009 As Means Testing Begins
Effective January 1, 2007, the government will start determining the Medicare Part B premium based on a person’s income. Assuming that the base Medicare premium continues to grow at the same pace that it has since 2002 (about 11.6% per year) here’s what premiums will be for 2007, and what they may look like for 2008 and 2009 as the government begins “income relating” or Means Testing.

Estimated Part B Premiums Under Means Testing

Income:
Individuals Income:
Filing jointly Monthly premium
in 2006 Monthly premium
in 2007* Monthly premium
in 2008** Monthly premiu
in 2009**

Under $80,000 Under $160,000 $88.50 $93.50** $104.30 $116.50

$80,000 - $100,00 $160,000 - $200,000 $88.50 $106.00 $132.20 $163.00

$100,000 - $150,000 $200,000 - $300,000 $88.50 $124.70 $173.90 $232.90

$150,000 - $200,000 $300,000 - $400,000 $88.50 $143.40 $215.60 $302.80

Above $200,000 Above $400,000 $88.50 $162.10 $271.82 $372.60

Source: *Medicare Premiums and Deductibles for 2007, Centers for Medicare and Medicaid Services, September 12, 2006.
** Estimates assume annual rate of increase of 11.6%, the average since 2002 (past five years)

Sign TSCL's Petition Opposing Means Testing for Medicare Premiums!

June 2006