How much is your Medicare Part B premium? (Maine, cost, receive)

[Hopeful for Life]

I’ve heard EXISTING Medicare recipients tell me “$109”, but never the cents amount. Because I understand that the Part B premium can only be raised to the amount of the cost of living adjustment, I’ve believed that everyone has a DIFFERENT $109.... premium ( the cents Part ). What is your indidual Part B premium for 2017?

[Ariadne22]

It depends on original premium at time of sign-up and $$ amount of subsequent COLAs, if any, relative to the actual Part B premium at the time.

Because my premium began at $98 in 2009, then increased to $105 a year or two later, with no cost of living increases for a few years thereafter which triggered the hold-harmless provision, my premium (and most other recipients, as well) remained below what new Part B enrollees paid - UNTIL this year when my benefit increased $40, $23 of which went to bring me to par at $134 for Part B.

Further, Medicare premiums are means tested by income. Those whose incomes are higher pay more, per Medicare, here:

https://www.medicare.gov/your-medica...t-b-costs.html

Issue is also discussed here:

SS 2% raise and then comes increase on Medicare

Has anyone received their SS Cost of Living 2018 Statement?

My Medicare Part B premium for 2017 was $111. For 2018, it will be $134 - as will most people - unless their cost-of-living increases were insufficient to allow an increase in the Part B premium to the $134 level.

[arwenmark]

I started Medicare this past June and my part B premium was always $134. Which is nice because it means I get to keep all of the 2% increase.

[reubenray]

Mine went up to $134 last year, so i was able to keep all of my 2% raise. I thanked my working neighbors for my raise.

[Flamingo13]

Originally Posted by Hopelesscause

I’ve heard EXISTING Medicare recipients tell me “$109”, but never the cents amount. Because I understand that the Part B premium can only be raised to the amount of the cost of living adjustment, I’ve believed that everyone has a DIFFERENT $109.... premium ( the cents Part ). What is your indidual Part B premium for 2017?

It appears you seem obsessed with cents? It's an even amount - NO CENTS.

[moved]

Mine went from $124 to $134.

[jaminhealth]

Mine went from $109 to 134. I've been taking Medicare for 14 yrs now. All in all it's been very good for my health care.

[nmnita]

Originally Posted by arwenmark

I started Medicare this past June and my part B premium was always $134. Which is nice because it means I get to keep all of the 2% increase.

that is us as well: we will keep our raise regardless of how small. Anything is better than nothing.

[LynnKrause1]

$134.00,so the 2% "raise" is moot.

[jaminhealth]

Originally Posted by LynnKrause1

$134.00,so the 2% "raise" is moot.

Well, for me $72 a year on the 2% so I guess it can be moot or if one drinks starbucks a coffee once a month.