Medicare Program Announces Premium Rates

The Centers for Medicare & Medicaid Services (CMS) announced monthly actuarial rates for beneficiaries age 65 and over and disabled beneficiaries under age 65 who are enrolled in Medicare Part B. The monthly actuarial rates for 2013 are $209.80 for aged enrollees and $235.50 for disabled enrollees. The standard monthly Part B premium rate is $104.90 for all enrollees for 2013. That is equal to 50% of the monthly actuarial rate for aged enrollees or approximately 25% of the expected average total cost of Part B coverage for aged enrollees. (The 2012 standard premium rate was $99.90.)

The Part B deductible is $147 for all Part B beneficiaries for 2013. If a beneficiary has to pay an income-related monthly adjustment, they may have to pay a total monthly premium of about 35%, 50%, 65%, or 80% of the total cost of Part B coverage.

Last Updated 10/4/2017

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