2009 Medicare Part B Premium

Wednesday, October 1, 2008

Good news for Medicare recipients!  For the first time since 2000, the Medicare Part B premium will be the same in 2009 as the previous year for most seniors.  Individuals making $85,000 or less or couples making $170,000 or less will pay $96.40/month.  This is good news for seniors with Medicare supplement insurance since every dollar matters.  Having a Medicare supplemental policy combined with Medicare Part A and Part B is a great way for senior to insure their health.  Like almost everything else, premiums increase a little each year on an individual's Medicare supplemental policy so any cost savings helps.  In a few weeks it will be time to take a look at Part D coverage and hope that there is some savings available there for Medigap policyholders as well as all other seniors.