Filed Under:Health Insurance, Medicare

CMS holds Medicare Part B premiums steady

The Centers for Medicare & Medicaid Services (CMS) is keeping monthly premiums for the Medicare Part B physician services plan the same.

CMS will hold the 2014 monthly base actuarial rate for aged enrollees at $209.80 per month and the monthly premium low-income and moderate-income enrollees pay at $104.90.

The monthly premium levels are unchanged from the 2013 premium levels.

The Part B deductible will continue to be $147 per year.

CMS notes that the Medicare Part A hospitalization premium is less relevant to consumers, because about 99 percent of Medicare enrollees qualify for Part A coverage without having to pay a premium.

But, for the enrollees who do pay a premium, the premium will fall $15 in 2014, to $426, according to a CMS notice, CMS-8055-N, set to appear in the Federal Register Wednesday.

Medicare program managers impose "income-related monthly adjustments" on individual enrollees with an annual taxable income over $85,000 and couples with an annual taxable income over $170,000.

The maximum monthly premium, for individuals with incomes over $214,000 and couples with incomes over $428,000, is $335.70 per enrollee.

See also:

Top Sales and Marketing Ideas - 2014

Special Feature

2014 100 Best Sales & Marketing Ideas

There are a million ways to sell an insurance product, and any one of them may work depending on your target market, your product lineup and your own unique skill set.

Explore Now
More Resources

Comments

   

Advertisement. Closing in 15 seconds.