Medicare Premium Amounts for 2010
Part A: (Hospital Insurance) Premium
- Most people get Part A automatically when they turn age 65. They don’t have to pay a monthly payment called a premium for Part A because they or a spouse paid Medicare taxes while they were working.
- You pay up to $461.00 each month if you don’t get premium-free.
- The Part A premium is $254.00 for those individuals having 30-39 quarters of Medicare covered employment.
Part B: (Medical Insurance) Premium
- Most Medicare beneficiaries will continue to pay the same $96.40 Part B premium amount in 2010. Beneficiaries who currently have the Social Security Administration (SSA) withhold their Part B premium and have incomes of $85,000 or less (or $170,000 or less for joint filers) will not have an increase in their Part B premium for 2010.
For all others, the standard Medicare Part B monthly premium will be $110.50 in 2010, which is a 15% increase over the 2009 premium. The Medicare Part B premium is increasing in 2010 due to possible increases in Part B costs. Some people will pay a higher premium based on their modified adjusted gross income. Learn More