Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Medicare monthly premiums for 2012 to be lower than expected

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
Home » Discuss » Topic Forums » Seniors Donate to DU
 
trof Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-28-11 09:04 AM
Original message
Medicare monthly premiums for 2012 to be lower than expected
WASHINGTON
Medicare's basic monthly premium will be lower than expected next year, the government announced Thursday. That could pay political dividends for President Obama and for Democrats struggling to win over seniors in a close election.

The new Part B premium for outpatient care will be $99.90 a month for 2012, about $7 less than projected as recently as May.

The bottom line: Most seniors will pay an additional $3.50 a month next year, instead of $10.20, as forecast earlier.

Some younger retirees who enrolled recently will actually see their rates go down. They have been paying as much as $115.40 a month. Instead, they'll also pay $99.90 next year.

The main reason for the lower-than-expected premiums has to do with the interaction between Social Security cost-of-living adjustments and Medicare.
http://www.latimes.com/health/la-na-medicare-premiums-2...
Refresh | +3 Recommendations Printer Friendly | Permalink | Reply | Top
MineralMan Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-28-11 09:06 AM
Response to Original message
1. This is good. I was in the group with the higher premiums,
so this will be a net plus for me. Combined with the 3.6% COLA, it will make a small difference to me that will result in some increase that will be significant over a year's time.
Printer Friendly | Permalink | Reply | Top
 
RKP5637 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-28-11 09:14 AM
Response to Original message
2. K&R !!! Great News !!! n/t
Printer Friendly | Permalink | Reply | Top
 
CountAllVotes Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-28-11 09:22 AM
Response to Original message
3. Wow!
This is great news! I was certain that the COLA would be eaten up by a big increase in Part B premiums. :party:

:kick:

Printer Friendly | Permalink | Reply | Top
 
NV Whino Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-28-11 09:29 AM
Response to Original message
4. But still raised
This is what is known as throwing us a bone, folks. Leak a rate that gets us all up in arms, and then we eat it up when the real raise comes in lower.
Printer Friendly | Permalink | Reply | Top
 
CountAllVotes Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-28-11 09:40 AM
Response to Reply #4
5. according to the "formula"
Whatever that formula might be -- the cost of Medicare is never supposed to go up more than the COLA which is 3.6%, hence the premium increase of $3.50 on $96.40 as it should be.

Printer Friendly | Permalink | Reply | Top
 
trof Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-28-11 04:47 PM
Response to Reply #4
6. True dat.
Printer Friendly | Permalink | Reply | Top
 
2Design Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-03-11 04:24 PM
Response to Original message
7. Why do we pay anything? I thought this was a given at 65 - not there yet
but did not expect another monthly bill for something I cannot afford
Printer Friendly | Permalink | Reply | Top
 
trof Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-04-11 06:43 AM
Response to Reply #7
8. Basic Medicare isn't free.
Most folks have the monthly fee deducted from their S/S retirement checks.
And then most buy a supplemental policy that covers what Medicare doesn't.
Printer Friendly | Permalink | Reply | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Tue Sep 23rd 2014, 12:34 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Topic Forums » Seniors Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC