How much will I pay in premiums for Medicare Part B in 2014? And is there still a high-income surcharge for Part B and Part D prescription-drug coverage?
The monthly premium for Medicare Part B remains $104.90 for most people in 2014 – the same as in 2013. Seniors whose 2012 adjusted gross income (plus tax-exempt interest income) was more than $170,000 if married filing jointly or $85,000 if single will continue to pay higher premiums, as they have since 2007. The high-income surcharges remain the same as in 2013. If your gross income crosses the threshold, your total monthly premiums will range from $146.90 to $335.70 per person per month, depending on your income.
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| Header Cell - Column 0 | 2012 ADJUSTED GROSS INCOME | ||||
|---|---|---|---|---|---|
| Row 0 - Cell 0 | $85,000 or less (single), $170,000 or less (joint) | $85,001 to $107,000 (single), $170,001 to $214,000 (joint) | $107,001 to $160,000 (single), $214,001 to $320,000 (joint) | $160,001 to $214,000 (single), $320,001 to $428,000 (joint) | More than $214,000 (single), more than $428,000 (joint) |
| 2014 Medicare Part B monthly premium | $104.90 | $146.90 | $209.80 | $272.70 | $335.70 |
| 2014 Medicare Part D monthly premium | premium only | $12.10 surcharge | $31.10 surcharge | $50.20 surcharge | $69.30 surcharge |
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