MEDICARE PREMIUMS, DEDUCTIBLES, CO-INSURANCE - 2008

PART A

Premium for those with at least 40 quarters of Social Security coverage: $0

Premium (for voluntary enrollees only):

$423/month (if individual has 29 or fewer quarters of Social Security coverage)
$233/month (if individual has 30-39 quarters of Social Security coverage)

Inpatient Hospital Care

Deductible $1024
Coinsurance: 1st - 60th day: $0
61st - 90th day: $256.00/day
Beyond 90th day in a benefit period: $512.00/day

Skilled Nursing Facility Care

Coinsurance:
1st through 20th day: $0
21st through 100th day: $128.00/day
After 100 days: no coverage

PART B

Premiums are based upon income

ANNUAL INCOME INDIVIDUALS	ANNUAL INCOME C0UPLES	MONTHLY PREMIUM
Below $82,000	Below $164,000	$96.40
$82,001-$102,000	$164,001-$204,000	$122.20
$102,001-$153,000	$204,001-$306,000	$160.90
$153,001-$205,000	$306,001-$410,000	$199.70
Above $205,000	Above $410,000	$238.40

 

MARRIED BENEFICIARIES FILING SEPARATE RETURN	MONTHLY PREMIUM
Below $82,000	$96.40
$82,001-$123,000	$199.70
Above $123,000	$238.40

Deductible: $135/year

-----------------------------------------------------

SOURCE: Medicare website: http://questions.medicare.gov/cgi-bin/medicare.cfg/php/enduser/std_alp.php
PREPARED BY: 211/rj
CONTENT LAST REVIEWED: January2008