Medicare Premium Amounts for 2008

Part A - Hospital Insurance Premium

• $0 - You do not need to pay a monthly Part A premium if you or your spouse has had 40 or more quarters of Medicare covered employment.
• $423 per month if you are not otherwise eligible for premium-free hospital insurance and have less than 30 quarters of Medicare covered employment.
• $233 per month if you have had 30-39 quarters of Medicare covered employment.

Part B: Medical Insurance Premium

• $96.40 per month

Original Medicare Plan Deductible and Coinsurance Amounts for 2008
Part A - Hospital Insurance

1. Deductible: $1,024 per Benefit Period
2. Coinsurance
   • $256 a day for the 61st - 90th day each benefit period.
   • $512 a day for the 91st - 150th day for each lifetime reserve day (total of 60 lifetime reserve days - non-renewable).

Part B - Medical Insurance