On October 27, 2011 the Centers for Medicare and Medicaid Service (CMS) released notices detailing the Medicare Part A and Part B premiums and Deductibles for calendar year 2012.
Hospital Deductible:
- $1,156 per spell of illness
Hospital Coinsurance:
- Days 0-60: $0
- Days 61-90: $289 / day
- Days 91-150: $578 / day
Skilled Nursing Facility Coinsurance
- Days 0-20: $0
- Days 21-100: $144.50 / day
Part A Premium (for voluntary enrollees only)
- With 30-39 quarters of Social Security coverage: $248 / month (no change)
- With 29 or fewer quarters of Social Security coverage: $451 / month
Part B
- Deductible: $140 / year
- Standard Premium: $99.90 / month
Part B Income-Related Premium
Beneficiaries who file an individual tax return with income: | Beneficiaries who file a joint tax return with income: | Beneficiaries who are married, but file a separate tax return with income: | Income-related monthly adjustment amount | Total monthly Part B premium amount |
Less than or equal to $85,000 | Less than or equal to $170,000 | Less than or equal to $85,000 | $0.00 | $99.90 |
Greater than $85,000 and less than or equal to $107,000 | Greater than $170,000 and less than or equal to $214,000 |
| $40.00 | $139.90 |
Greater than $107,000 and less than or equal to $160,000 | Greater than $214,000 and less than or equal to $320,000 |
| $99.90 | $199.80 |
Greater than $160,000 and less than or equal to $214,000 | Greater than $320,000 and less than or equal to $428,000 | Greater that $85,000 and less than or equal to $129,000 | $159.80 | $259.70 |
Greater than $214,000 | Greater than $428,000 | Greater than $129,000 | $219.80 | $319.70 |
Part D Income-Related Premium Adjustment
Enrollees in Medicare Part D prescription drug plans pay premiums that vary from plan to plan. Beginning in 2011, Part D enrollees whose incomes exceed the same thresholds that apply to higher income Part B enrollees must also pay a monthly adjustment amount. The regular plan premium will be paid to their Part D plan, and the income-related adjustment will be paid to Medicare. The amounts by income level are below.
Beneficiaries who file an individual tax return with income: | Beneficiaries who file a joint tax return with income: | Beneficiaries who are married, but file a separate tax return with income: | Income-related monthly adjustment amount paid to Medicare |
Less than or equal to $85,000 | Less than or equal to $170,000 | Less than or equal to $85,000 | $0.00 |
Greater than $85,000 and less than or equal to $107,000 | Greater than $170,000 and less than or equal to $214,000 |
| $11.60 |
Greater than $107,000 and less than or equal to $160,000 | Greater than $214,000 and less than or equal to $320,000 |
| $29.90 |
Greater than $160,000 and less than or equal to $214,000 | Greater than $320,000 and less than or equal to $428,000 | Greater that $85,000 and less than or equal to $129,000 | $48.10 |
Greater than $214,000 | Greater than $428,000 | Greater than $129,000 | $66.40 |