5. 2006 Medicare Premiums, Deductibles, and Co-Pays Announced
The U. S. Centers for Medicare & Medicaid Services has announced the
2006 Medicare deductibles, premiums, and co-pay amounts:
Medicare Hospital Insurance (Part A)
* Deductible - $952 per Benefit Period ($912 in 2005)
* Coinsurance - $238 a day for the 61st through the 90th day ($228), per Benefit
Period; $476 a day for each "nonrenewable, lifetime reserve day"
($456)
* Skilled Nursing Facility Coinsurance - $119 a day for the 21st through the
100th day per Benefit Period ($114)
* Hospital Insurance Premium - $393 ($375 in 2005)
* Reduced Hospital Insurance Premium - $216 ($206)
Medicare Medical Insurance (Part B)
* Deductible - $124 per year ($110 in 2005)
* Monthly Premium - $88.50 ($78.20)
Source: U. S. Centers for Medicare & Medicaid Services (16 Sep 2005)
Full story: http://www.cms.hhs.gov/media/press/release.asp?Counter=1557
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This information has been provided for informational purposes only. It does
not constitute legal advice. The receipt of this information does not establish
an attorney-client privilege. Proper legal advice can only be given upon consideration
of all the relevant facts and laws. Therefore you should not act upon any
of the information contained herein without seeking appropriate legal counsel.
Attorneys Judith Sterling and Michelle Tucker are both CPAs and licensed attorneys. They are the first two attorneys in Hawaii to be certified by the American Bar Association (ABA) accredited Estate Law Specialist Board, Inc., as Estate Planning Law Specialists, and are so certified by the Supreme Court of Hawaii. The Supreme Court of Hawaii grants Hawaii certification only to lawyers in good standing who have successfully completed a specialty program accredited by the ABA.
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