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Medicare Premiums, Deductibles, and Coinsurance for 2007
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Content Section
MEDICARE PREMIUMS |
2007 |
Part A Premium if you or your spouse have more than 40 quarters of Medicare-covered employment |
0 |
Part A Premium for people having 30-39 quarters of Medicare-covered employment |
$226/month |
Part A Premium for people not otherwise eligible for premium-free hospital insurance and have fewer than 30 quarters of Medicare-covered employment |
$410/month |
Beginning on January 1, 2007, the Part B premium will be based on the income of the beneficiary. Below are the CY 2007 Part B premium amounts based on beneficiary income:
INCOME PARAMETERS FOR DETERMINING PART B PREMIUM |
Premium/month |
Individual Income |
Combined Income (Married) |
$ 93.50 |
$ 80,000.00 or less |
$160,000.00 or less |
$105.80 |
$ 80,000.01 - $100,000.00 |
$160,000.01 - $200,000.00 |
$124.40 |
$100,000.01 - $150,000.00 |
$200,000.01 - $300,000.00 |
$142.90 |
$150,000.01 - $200,000.00 |
$300,000.01 - $400,000.00 |
$161.40 |
$200,000.01 or more |
$400,000.01 or more |
MEDICARE DEDUCTIBLES/COINSURANCE Part A |
2007 |
Hospital stay 1-60 days |
$992 |
Hospital stay per day for days 61-90 |
$248 |
| Hospital stay per day for days 91-150 (Lifetime Reserve Days) |
$496 |
Skilled Nursing Facility stay, per day, days 21 - 100 in each benefit period |
$124 |
MEDICARE DEDUCTIBLES/COINSURANCE Part B |
2007 |
Beneficiary must pay annually the first |
$131 |
After deductible is met for most services Medicare pays all but |
20% of the approved amount |
View the analysis of the 2007 premiums and deductibles at http://www.cms.hhs.gov/apps/media/press/release.asp?Counter=1958. 
Posted: 11/06/2006
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CPT codes, descriptions, and other data only are copyright 2006 American Medical Association (or such other date of publication of CPT). All Rights Reserved. Applicable FARS/DFARS Apply.
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