The long awaited numbers are here. Medicare recently released the premium and deductible information for 2012. Some good news and some bad news. Here’s a summary:
Social Security monthly payments will increase by 3.6%.
The monthly Part B premium will be $99.90 for everyone. Those currently paying $96.40 will get a $3.50 increase. Those currently paying $115.40 will get a $15.50 decrease.
The annual Part B deductible will be $140, a decrease of $22 from last year. Those on a Medicare Supplement Plan D, G or N are responsible for this deductible each calender year.
You can read the entire Medicare Fact sheet by clicking the link below: