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11-06-2011, 11:29 AM
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#1
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Montana Master
Join Date: Mar 2007
Location:
Posts: 2,156
M.O.C. #6920
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2012 Medicare Part B Premium
The 2012 Medicare Part B Premium was announced this past week.
For those paying $96.40 per month the new 2012 premium will be $99.90 or $3.50 increase per month.
You are encouraged to determine your personal premium as it maybe different than the above announced increase of $3.50 per month.
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11-06-2011, 11:48 AM
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#2
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Site Team
Join Date: Aug 2007
Location: Omaha
Posts: 6,795
M.O.C. #7560
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Boy, you must get some special rates! I just started my SS and Part B and they are subtracting $115.40 a month from my piddly little amount I'm getting. Then they rounded me down to the nearest dollar for the balance I receive too! Must be that extra NC benefit you get!
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11-06-2011, 02:06 PM
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#3
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Montana Master
Join Date: Jan 2005
Location: North Ridgeville
Posts: 20,229
M.O.C. #2839
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Note
If your income is above $85,000 (single) or $170,000 (married couple), then your Medicare Part B premium may be higher than $115.40 per month.
Social Security will use the income reported two years ago on your IRS income tax return to determine your premium (if unavailable, SSA will use income from three years ago
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11-06-2011, 02:23 PM
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#4
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Montana Master
Join Date: Jun 2010
Location: Colorado Springs
Posts: 3,335
M.O.C. #10496
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Income above $170,000 ?? Well, I dodged that bullet! Whew!
Quote:
quote:Originally posted by richfaa
Note
If your income is above $85,000 (single) or $170,000 (married couple), then your Medicare Part B premium may be higher than $115.40 per month.
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__________________
2010 3150RL
LevelUp, Dual 6 volt batteries, Progressive Industries EMS HW50C, Honda EU2000i Generator, Bridgestone Duravis R250 tires, Torklift Glowstep Revolution Stairs, LED Tail lights
2015 RAM 3500 Laramie SRW LB CC Cummins 6.7L Aisin Trans B&W RVK3600
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11-06-2011, 05:54 PM
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#5
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Site Team
Join Date: Aug 2007
Location: Omaha
Posts: 6,795
M.O.C. #7560
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11-07-2011, 11:43 AM
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#6
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Montana Master
Join Date: Dec 2004
Location: Omaha
Posts: 2,084
M.O.C. #2780
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It's that windfall I heard you got--tell us the truth
__________________
Paul and Jan Kelpe
2014 Big Sky 3150RL
2015 GMC Denali, Duramax/Allison
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11-07-2011, 01:11 PM
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#7
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Montana Master
Join Date: Mar 2007
Location:
Posts: 2,156
M.O.C. #6920
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Those paying the $115.40 monthly premium are not necessarily paying due to joint income over $170K per year. Those that became Medicare eligible recently came in to the program at a higher premium rate and not predicated on income but date they start Medicare.
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11-07-2011, 01:40 PM
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#8
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Montana Master
Join Date: Sep 2007
Location: Texas City
Posts: 5,736
M.O.C. #7673
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All CEO's need to watch out!
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11-07-2011, 02:20 PM
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#9
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Site Team
Join Date: Aug 2007
Location: Omaha
Posts: 6,795
M.O.C. #7560
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Jan-- I think you heard wrong! It's been a rumor going around the PO since before I retired! Would I be owning a 2004 Montana if the rumor was correct?!!?
Dennis-- I think you may be correct on that! My SS started as of Oct. 2011 but my Medicare did not start until Nov. 2011. That is the problem with being so young! LOL
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11-07-2011, 05:09 PM
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#10
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Montana Master
Join Date: Jan 2006
Location: South
Posts: 2,499
M.O.C. #5140
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Medicare? Part A, B, C, D? What is that? Oh, got it. By the time we're eligible for Medicare, we won't be...And we have paid both sides for a long, long time...
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11-08-2011, 12:23 AM
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#11
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Montana Fan
Join Date: Jan 2008
Location: Mansfield
Posts: 330
M.O.C. #8078
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Holy Smokes!!! Six digit retirement? Are you kidding? What's that?......even in the real working world! : ) I must have been born on the wrong side of the tracks LOL!
__________________
Deets
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11-08-2011, 12:47 AM
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#12
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Montana Master
Join Date: Feb 2003
Location: Englewood
Posts: 3,095
M.O.C. #164
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[quote]Originally posted by mail2us
Those paying the $115.40 monthly premium are not necessarily paying due to joint income over $170K per year. Those that became Medicare eligible recently came in to the program at a higher premium rate and not predicated on income but date they start Medicare.
You are correct
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11-08-2011, 05:15 AM
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#13
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Site Team
Join Date: Aug 2007
Location: Omaha
Posts: 6,795
M.O.C. #7560
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Thanks! I have been trying to figure out where all that money came from and went if my Medicare payment was based on that! I was told when I signed up that my payment would be higher because of starting it this month! Oh well, one of the problems with being a "youngster"! LOL
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12-04-2011, 01:11 PM
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#14
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Seasoned Camper
Join Date: Sep 2005
Location: Atlanta
Posts: 69
M.O.C. #4518
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Rondo for 2012 your B premium will drop to 99.90. You can look on the soc sec site where it talks about that.
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12-04-2011, 02:03 PM
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#15
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Site Team
Join Date: Aug 2007
Location: Omaha
Posts: 6,795
M.O.C. #7560
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Unfortunately I fall under a totally different catagory because of some investments and inheritance. I have been notified that my contribution will double come next month! It's not fair and I can challenge it but the lady I talked to just this week told me she thought it would be a futile challenge.
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12-04-2011, 02:30 PM
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#16
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Montana Master
Join Date: Oct 2004
Location: Salem
Posts: 7,671
M.O.C. #2283
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My wife would love to pay $115 per month. With a $2500 deductible her insurance premium for a Healthy Virginian is $999 per month. And they wonder why some people don't have health insurance.
Lynwood
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12-05-2011, 01:22 AM
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#17
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Montana Master
Join Date: Mar 2009
Location: Fayetteville
Posts: 657
M.O.C. #9178
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With the projected government cuts that will effect medicare payments to providers going into effect on 1 January, many providers may well say goodby to their medicare patients because they cannot afford the losses they will incur. Medicare, the nation's largest ponzi scheme!
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12-05-2011, 01:37 AM
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#18
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Montana Master
Join Date: Nov 2002
Location: Midlothian
Posts: 956
M.O.C. #40
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I love Medicare. I had the Healthy Virginian BCBS plan with $5000 deductible and the premium was $1200+/ month for 3 years. Medicare is great if they don't ruin it.
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12-05-2011, 04:13 AM
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#19
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Montana Master
Join Date: Nov 2002
Location: Oceanside
Posts: 20,028
M.O.C. #20
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My understanding, also, is that those currently paying $115 will get a premium decrease to $99.90. Being brand new to Medicare (starts in February and I already received the card and literature) I did some research and found that information about the decrease. I think I found it on the medicare website, if I recall. So it's a small increase for some and a decrease for others.
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12-05-2011, 10:24 AM
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#20
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Montana Master
Join Date: Mar 2007
Location:
Posts: 2,156
M.O.C. #6920
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Steve, oh you are a mere Lad!
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