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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


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