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Medicare: Part B Premiums (CRS Report for Congress)

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Release Date Revised Oct. 12, 2007
Report Number RL32582
Report Type Report
Authors Jennifer OSullivan, Domestic Social Policy Division
Source Agency Congressional Research Service
Older Revisions
  • Premium   Revised Oct. 19, 2006 (13 pages, $24.95) add
  • Premium   Revised May 5, 2006 (13 pages, $24.95) add
  • Premium   Sept. 14, 2004 (12 pages, $24.95) add
Summary:

The 2007 basic monthly premium is $93.50, an increase of 5.6% over the 2006amount of $88.50. The 2008 monthly premium will be $96.40, an increase of 3.1%over the 2007 amount. Annual premium increases are attributable to increases inbenefit costs as well as increases needed to assure adequate trust fund reserves. The2008 increase is the smallest percentage increase since 2000.