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Showing posts with label Prescription drug costs. Show all posts
Showing posts with label Prescription drug costs. Show all posts

Friday, December 09, 2011

What will be the basic Medicare Part B Premium in 2012?

In 2012, the basic Medicare Part B premium will rise to $99.90 per month, up from the current amount of $96.40. But this will be an apparent reduction for seniors who first enrolled in 2010 or 2011.

Higher Income seniors will still have to pay a significantly larger Part B premium if their modified adjusted gross incomes for 2010 exceeded $170,000 for married filing joint taxpayers and $85,000 for single filing taxpayers.

Furthermore, another burden on Higher Income Seniors will be that they will also "owe a surcharge on Part D premiums for coverage of their Prescription drug costs."

Click here to read more about it.
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