Medicare costs changing for 2012
UPDATE: Learn about 2013 Medicare Rates and How They Affect You
The U.S Department of Health and Human Services made some important announcements this week
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The 2012 Medicare Part B premium will raise $3.50, to $99.90 per month and the Medicare Part A deductible will raise from $1,132 in 2011 to $1,156 in 2012. Medicare Part B deductible, on the other hand will decrease by $22, from $162 in 2011 to $140 next year.
Medicare Part B includes support in coverage of physicians’ services, outpatient hospital services, certain home health services, durable medical equipment, and other items. Most people paid $96.40 for Medicare Part B per month in 2011.
The Medicare Part A deductible is paid for by some Medicare Supplement Insurance Plans. This deductible must be met before receiving coverage for in-hospitalization expenses and only counts for one benefit period. Each benefit period is 60 days, so you could end up paying the deductible more than once if it was more than 60 days since your last hospital visit. With some Medigap plans, your coverage included payment for the Medicare Part A deductible even if you’re in a separate benefit period.
To get more information about Medicare Supplement Insurance plans, talk to one of our Medigap plan representatives today or get a free quote today.
Medicare Part B Premium © 2012 MedicareMall.com
The American people are getting exactly what they deserve. Do your research! Obama is ruining our country. Socialism then comes Communism. I feel sorry for my grandchildren.
To Kathleen Holczman.
What would you do without medicare ? I think medicare is still cheap for what we get out of it.
I wish everybody has a medical insurance.
Jerry El you are so clueless it is pathetic. While there hasn’t been a COLA the past two years, Congress voted themselves fat pay raises in 2010. “W” tax cuts to the rich created a budget shortfall that was supplemented by “borrowing” $1.2 billion dollars from the Social Security Trust fund. People might actually be getting paid from the current workers BUT that is only because Congress has embezzled $1.2 billion dollars from the money they paid in when they were working.
But you say they should be thankful? Seriously?
So you do not like Obama because he is trying to provide healthcare for everyone? We already pay for government employee healthcare, the young, old and disabled through Medicare. Why not combine the two and expand to cover the Middle-Class? So Obama is a Socialist for limiting fraud and what doctors can charge? Who cares? Sure Doctors are entiled to make good money but ALL citizens have a right to decent healthcare.
The half of the population that don’t pay much in taxes are also below the median income levels. The richest 1% pay about 37% of the taxes. So what you are saying is that the poorest Americans should be grateful to people like Sam Walton for making BILLIONS off of America’s working poor for providing cheap goods manufactured in Chinese sweat shops and minimum wage jobs at his stores?
I think I’ll give Obama another four years to straighten out the mess created by George W. Bush. At least Obama didn’t start an illegal war that cost us trillions of dollars and thousands of American lives all in the name of liberating the Iraqi people.
Oh before you even go there, let me stop your ignorance. Sending advisors to Africa is in the best interests of America. Six out of the ten fastest growing countries are in Africa. Despite the common perception of utter chaos over there, they are pulling through rather well. They have some dynamic new leaders and an emerging Middle-Class. Commodities in Africa are now priced favorably towards them. Oil, Diamonds, Metals, & even Agriculture. This will open up new markets for American products which in turn will provide American jobs.
Question:
Given a SS benefit in 2011 of 889. 3 .6 % increase to 921 a month. example has all co pay, deductible and premiums payments made under Medicaid. Review shows eligibility is any amounts under $908. 2012 SS benefit is 921. 13 over the threshold to continue having medicaid pay for all co pay, dseductible and premiums. Am I missing something here or the raise of 3.6% raise the benefits to 13 dollars over the threshold of eligibility for Medicaid?
My recommendation is to cancel the raise , reject the raise so the Medicaid will be remain unchanged and govt will pay the premiuims, co pay and deductible for an almost 90 yr old.
Am I missing something here?
I will be signing up for medicare this year and would like to know what it covers. can someone
please help me.
Jim you are so right. Obama hates this country, so does his wife. He is trying to do everything possible to bring us down. In California the illegals are getting all kinds of benefits and the taxpayers get no special privileges because of the liberal Jerry Brown that the brain dead people here voted in. Wait until billions of dollars are taken out of Medicare. Seniors will really be screwed. Doctors will have to get the government’s permission for any kind of medical procedure.
When will 2013 & 2014 premiums be published? A $40 raise is nothing compared to the raises Congress & Senate vote for themselves.
My SSI benefit (monthly check) for the past three years has been $849. However, $154 has been deducted for Medicare every month. As far as I know, I am only enrolled in Plans A & B. Can anyone give me a clue as to why I’ve been paying almost $60 more a month for the same coverage everyone else seems to have been getting for $96.40?
Sallie,
If you have a medicare prescription plan (medicare part D), you might have requested that they take that out of social security as well. Also, if you make over a certain amount per year (based on your taxable income from 2 years ago), you might need to pay an additional amount for your part B and part D medicare premiums. Google “medicare premium for 2012” to find the site that shows the possible additional premium you might pay. Finally, if you have a medicare plan OTHER than regular medicare (i.e. one of those all-inclusive plans offered by various insurance companies), then the premium might be different.
Thank you Jan for your input!
Sallie, you can also view the income adjusted premiums for Medicare Part B here:
http://www.medicaremall.com/wp-content/uploads/2011/11/Medicare-Part-B-income.jpg
You can also try this link with information provided by the CMS:
http://www.cms.gov/apps/media/press/factsheet.asp?Counter=4140&intNumPerPage=10&checkDate=&checkKey=&srchType=1&numDays=3500&