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2010 Medicare Deductible and Premiums

CMS announced in a press release published Friday, October 16, 2009 that the Medicare Part B deductible increases from $135 to $155 on January 1, 2010.

In addition, the 2010 Part B premium remains unchanged for most (approximately 73%) Medicare beneficiaries and will continue to be $96.40 a month. Approximately twenty seven percent (27%) of Medicare beneficiaries will see an increase to their premiums. They include:

  1. New enrollees during the year
  2. Beneficiaries subject to the income-related additional premium
  3. Beneficiaries who do not have their Part B premiums withheld from social security benefit payments, including dual-eligible Medicare / Medicaid beneficiaries

The increased premium for those who do not qualify for the “hold-harmless” provision will increase to $110.50, or greater for those with higher incomes.

Medicare beneficiaries with taxable income greater than $85,000 for an individual or $170,000 for a couple will pay higher Medicare Part B premiums between $110.50 monthly to $353.60 monthly depending on income reported on their tax returns.

Additional details can be found at: http://www.cms.hhs.gov/apps/media/fact_sheets.asp

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