Close Close
Sign In
Newsletters
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
Podcast Center Video Center Webcasts Resource Center Events
About ThinkAdvisor Contact Us Advertise With Us Asset & Logo Licensing Sitemap Terms of Service Privacy Policy Copyright © 2024 ALM Global, LLC. All Rights Reserved.
ThinkAdvisor

Portfolio > Economy & Markets > Fixed Income

CMS holds Medicare Part B premiums steady

By Allison Bell

X
Your article was successfully shared with the contacts you provided.

The Centers for Medicare & Medicaid Services (CMS) is keeping monthly premiums for the Medicare Part B physician services plan the same.

CMS will hold the 2014 monthly base actuarial rate for aged enrollees at $209.80 per month and the monthly premium low-income and moderate-income enrollees pay at $104.90.

The monthly premium levels are unchanged from the 2013 premium levels.

The Part B deductible will continue to be $147 per year.

CMS notes that the Medicare Part A hospitalization premium is less relevant to consumers, because about 99 percent of Medicare enrollees qualify for Part A coverage without having to pay a premium.

But, for the enrollees who do pay a premium, the premium will fall $15 in 2014, to $426, according to a CMS notice, CMS-8055-N, set to appear in the Federal Register Wednesday.

Medicare program managers impose “income-related monthly adjustments” on individual enrollees with an annual taxable income over $85,000 and couples with an annual taxable income over $170,000.

The maximum monthly premium, for individuals with incomes over $214,000 and couples with incomes over $428,000, is $335.70 per enrollee.

See also:

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.