medicareadvocacy.org

Center for Medicare Advocacy, Inc.

Innovative Legal and Technical Consulting

 

Advancing fair access to Medicare and health care


 
Home l About Us l Contact Us l Site Search l Español l Resources l Donate             

Support Real Reform Now


www.MedicareWorks.org


MEDICARE PREMIUMS AND DEDUCTIBLES FOR 2007


(Click HERE to print a .pdf of this article)


Hospital Deductible: $992 / benefit period

Hospital Coinsurance:

  • Days 0-60: $0

  • Days 61-90: $248 / day

  • Days 91-150: $496 / day

Skilled Nursing Facility Coinsurance

  • Days 0-20: $0

  • Days 21-100: $124 / day

Part A Premium (for voluntary enrollees only)

  • With 30-39 quarters of Social Security coverage: $226 / month

  • With 29 or fewer quarters of Social Security coverage: $410 / month

Part B

  • Deductible: $131 / year

  • Standard Premium: $93.50 / month

Part B Income-Related Premium

Beneficiaries who file an individual tax return with income:

Beneficiaries who file a joint tax return with income:

Income-related monthly adjustment amount

Total monthly premium amount

Less than or equal to $80,000

Less than or equal to $160,000

$0.00

$93.50

Greater than $80,000 and less than or equal to $100,000

Greater than $160,000 and less than or equal to $200,000

$12.30*

$105.80*

Greater than $100,000 and less than or equal to $150,000

Greater than $200,000 and less than or equal to $300,000

$30.90*

 $124.40*

Greater than $150,000 and less than or equal to $200,000

Greater than $300,000 and less than or equal to $400,000

$49.40*

$142.90*

Greater than $200,000

Greater than $400,000

$67.90*

 $161.40*


In addition, the monthly premium rates to be paid by beneficiaries who are married, but file a separate return from their spouse and lived with their spouse at some time during the taxable year are:
 

Beneficiaries who are married but file a separate tax return from their spouse:

Income-related monthly adjustment amount

Total monthly premium amount

Less than or equal to $80,000

$0.00

$93.50

Greater than $80,000 and less than or equal to $120,000

$49.40*

$142.90*

Greater than $120,000

$67.90*

 $161.40*

* Adjustments to these amounts were announced in 71 Fed. Reg. 55480 (Friday, September 22, 2006)

Medicare Advantage Eligibility

  • Must be enrolled in Medicare Parts A & B; enrollees are still in the Medicare program,

  • Must continue to pay the Part B premium ($93.50 / month in 2007),

  • Must live in the plan’s service area,

  • Must not have end-stage renal disease (ESRD) at time of enrollment.

 
 
 

All information is copyright © Center for Medicare Advocacy, Inc.
Full Notice of Copyright and Legal Advice