By now most people on Medicare have received their 2008 Medicare and You Handbook. If not, a call to Medicare (1-800-Medicare) will be able to secure a copy of this important guidebook. Like every prior year, there are changes to the out-of-pocket amounts seniors will pay towards their medical care. The following is a list of these changes:
Part B (Doctor Visit) premium increased from $93.50 to $96.40.
Part B deductible increased from $131 to $135.
Part A (Hospital) deductible increased from $992 to $1024
Also, Part B premiums are now subject to means testing. This means higher income seniors (those earning $80,000) will receive higher Part B premium.
These are a few changes to Medicare for 2008. A complete listing of changes can be gained from the Medicare and You Handbook.
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