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Your 2008/2007 Monthly Premiums for Medicare
:: Part A (Hospital) Monthly Premium
:: Part B (Medical) Monthly Premium
:: Part C (Medicare Advantage) Monthly Premium
:: Part D (Medicare Prescription Drug Plan (Part D)) Monthly Premium
Part A (Hospital) Monthly Premium
Most people pay $0 each month for Part A, because they paid Medicare taxes while working.
In 2008, You pay up to $423.00 each month if you don't get Premium - free Part A*.
In 2007, You pay up to $410.00 each month if you don't get Premium - free Part A*.
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Part B (Medical) Monthly Premium
2008 Part B Premium
| If Your Yearly Income is |
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| File Individual Tax Return |
File Joint Tax Return |
You pay |
| $82,000 or less |
$164,000 or less |
$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* |
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2007 Part B Premium
| If Your Yearly Income is |
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| File Individual Tax Return |
File Joint Tax Return |
You pay |
| $80,000 or less |
$160,000 or less |
$93.50* |
| $80,001-$100,000 |
$160,001-$200,000 |
$105.80* |
| $100,001-$150,000 |
$200,001-$300,000 |
$124.40* |
| $150,001 - $200,000 |
$300,001 - $400,000 |
$142.90* |
| Above $200,000 |
Above $400,000 |
$161.40* |
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Actual plan premiums are available on www.medicare.gov on the web, or from the plan. You also pay the Part B premium* (and Part A if you don't get it premium-free), An extra premium may be charged for extra benefits.
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(Primary Source: Centers for Medicare and Medicaid Services - Medicare and You Handbook 2007/ Medicare and You Handbook 2008. This content may have been added upon by Q1Group LLC to include further examples, explanations, and links.)
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Last updated on: 07/18/2008
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