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Basic Part B premium: $110.50/month (was $96.40) (But most beneficiaries will not pay this increase due to a “hold-harmless” provision in the Medicare law prohibiting Part B premiums from rising more than that year’s cost of living increase in Social Security benefits. Part B deductible: $155 (was $135)
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Part A deductible: $1,100 (was $1,068)
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Co-payment for hospital stay days 61-90: $275/day (was $267)
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Co-payment for hospital stay days 91 and beyond: $550/day (was $534)
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Skilled nursing facility co-payment, days 21-100: $137.50/day (was $133.50)
Premiums for higher-income beneficiaries:
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Individuals with annual incomes between $85,000 and $107,000 and married couples with annual incomes between $170,000 and $214,000 in 2010 will pay a monthly premium of $154.70.
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Individuals with annual incomes between $107,000 and $160,000 and married couples with annual incomes between $214,000 and $320,000 in 2010 will pay a monthly premium of $221.
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Individuals with annual incomes between $160,000 and $214,000 and married couples with annual incomes between $320,000 and $428,000 in 2010 will pay a monthly premium of $287.30.
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Individuals with annual incomes of $214,000 or more and married couples with annual incomes of $428,000 or more in 2010 will pay a monthly premium of $353.60.
Rates differ for beneficiaries who are married but file a separate tax return from their spouse:
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Those with incomes between $85,000 and $128,000 will pay a monthly premium of $287.30.
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Those with incomes greater than $128,000 will pay a monthly premium of $353.60.
For more information please visit www.ohioinsurance.gov, www.medicare.gov or call our office at 800-798-5297.
“Taken in part from ElderLawAnswers.com”
