Medicare Part B Premiums Increase Slightly in 2013

The standard Medicare Part B monthly premium will be $104.90 in January 2013, an increase of $5.00 from the 2012 amount of $99.90.

Some beneficiaries will continue to pay higher premiums based on their modified adjusted gross income. The monthly premiums that include income-related adjustments for 2013 will be $146.90, $209.80, $272.70, or $335.70, depending on the extent to which an individual beneficiary’s modified adjusted gross income exceeds $85,000 (or $170,000 for a married couple). The highest premium rate applies to beneficiaries whose incomes exceed $214,000 (or $428,000 for a married couple). The Centers for Medicare & Medicaid Services estimate that about 5 percent of Medicare beneficiaries pay the larger income-adjusted premiums.

Click here to read the full release from the Railroad Retirement Board (RRB).

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