General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsDo seniors on Medicare pay, at a minimum, $550 per month for PArt A and Part B?
http://www.medicare.gov/cost/Jesus Christ, why not just take all of their Social Security money. I hear catfood tastes just like chicken...
2pooped2pop
(5,420 posts)but it seems that it used to be about 100.00 a month out of my brothers check and I think that it can be waived if in poverty. Not sure though.
On second thought, that could be medicaid and he has a 500.00 a month deductable with it.
aquart
(69,014 posts)MineralMan
(146,329 posts)Part A has no premium.
Part B does. $95 is deducted from my SS payment each month.
I also pay $119 per month for a Medicare supplement from Blue Cross.
What I don't pay are medical bills from my clinic.
I don't have Part D coverage, because the medications I take cost me $13 per month. The Blue Cross supplement, apparently, allows the pharmacy to only charge me that much. I'm not quite sure how that works.
ProSense
(116,464 posts)matmar
(593 posts)This is why it is a target of the rw. It has the potential to be the nations single-payer system for everyone.
ProSense
(116,464 posts)matmar
(593 posts)Any other dumbass questions?
ProSense
(116,464 posts)"Any other dumbass questions?"
The OP certainly qualifies.
Interestingly, you didn't just ask a question. You posted a snarky attack on the program.
Response to ProSense (Reply #13)
Post removed
sinkingfeeling
(51,473 posts)CTyankee
(63,912 posts)That's a chunk of my budget, I can tell you...
dkf
(37,305 posts)Most people don't realize what they were paying into all these years is just the Medicare part A which covers hospitalization, not doctors or drugs.
Part B is funded 25% by premiums and the rest is paid by the federal government through the federal income tax. So there is no trust fund built up through part B payroll taxes as there are no payroll taxes for part B. Same with part D for prescription drugs.
daybranch
(1,309 posts)Those who paid into medicare do not pay the $451 listed as premium for part A. So most people only have to pay about $100.
As to the $451 premium that those who did not pay into medicare can pay for hospital coverage, I would say that was a very low price for someone 65 or older compared to many policies out there.
So medicare is a good deal that the President made better by refusing to continue excessive subsidies to companies connected with medicare advantage.
Thank the Lord for Our President.
enough
(13,262 posts)That is the premium for people who are not eligible for Part A, and therefore choose to buy in and pay a premium for it.
The normal Medicare recipient does not pay any at all premium for Part A. We pay approximately $99 per month for Part B.
To repeat: the monthly payment for Medicare is $99 per month, per person.
matmar
(593 posts)Just looking at the graph it says monthly premium for Part A as $451
bornskeptic
(1,330 posts)For those who do, Part A is paid for out of the trust fund. Enrollees pay from $99.90 to $319.70, depending on income, for Part B coverage, with the rest paid from the general fund. Nobody pays the full Part B premium, which is also over $400.