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How do they decide...

Posted by PennyPA on 9/24/2009, 10:09 am
70.217.151.179

...which seniors will pay the increased Part B premium next year? With my luck, I'll be in the 8%!
"For most of the 42 million Part B beneficiaries, the amount of the monthly Social Security COLA each year has been more than enough to offset the increase in the Part B premium – resulting in net increases in benefits, according to the Kaiser Family Foundation. But next year and in 2011, about 8% of Part B beneficiaries will be subject to higher premiums, sums that will be deducted from their Social Security payments. According to Kaiser, they'll pay $104.20 a month in 2010 and $120.20 in 2011, up from $96.40 this year."

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Re: How do they decide...

Posted by DarF on 9/25/2009, 4:40 pm, in reply to "How do they decide..."
75.135.196.152

Just read in the paper where the House passed where there will be no increase in the Medicare Part B premium. Now it has to pass the Senate's approval to stay at 96.40.

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Re: How do they decide...

Posted by nancy ma on 9/24/2009, 2:49 pm, in reply to "How do they decide..."
72.72.123.25

you know i can be a worrier but ill be dammed if im going to worry about 2010 or 2011 now in 2009. you can make yourself sick over things like this. i worry 1 day at a time.
if im going to get upset about anything it will be on how to get my mass. health back so i dont have to pay $60.00 a month for co-pays to lincare for my oxygen. i will worry about today not next year.
nancy

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Re: How do they decide...

Posted by Joe - Tx on 9/24/2009, 1:16 pm, in reply to "How do they decide..."
66.142.187.5

Probably won't be an increase for anyone.

http://news.yahoo.com/s/ap/20090924/ap_on_bi_ge/us_medicare_premiums

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Re: How do they decide...

Posted by ElaineIL on 9/24/2009, 11:02 am, in reply to "How do they decide..."
98.223.5.106

Penny, Here are the guidelines for 2009. I haven't seen the rules for 2010 yet, but this should give you some idea.

*Note: If your income is above $85,000 (single) or $170,000 (married couple), then your Medicare Part B premium may be higher than $96.40 per month. For additional details, see our FAQ titled: " Medicare Part B Monthly Premiums in 2009"

Also, see this:

http://www.kff.org/medicare/upload/7912.pdf

If I understand the "hold harmless" provision (see #2) they can't increase your Part B premium in 2010 because there will be no COLA adjustment in your benefit amount.

Hope this helps.

Link: https://questions.medicare.gov/cgi-bin/medicare.cfg/php/enduser/std_adp.php?p_faqid=2099&p_sid=bcs48LIj&p_lva=2100

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Re: How do they decide...

Posted by Martha on 9/24/2009, 10:50 am, in reply to "How do they decide..."
68.12.160.104

I answered this on another forum, but for anyone who doesn't know, the premiums are based on income. Rules are available on the Medicare site.

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