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Medicare Part D Premiums

    Home General Articles Medicare Part D Premiums
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    Medicare Part D Premiums

    Medicare Part D Premiums

    By Ed Crowe | General Articles | 0 comment | 21 April, 2016 | 0

    Medicare Part D Premiums

    Medicare Part D premiums range from between $10 and $100 per month.  The amount depends on what plans  are available in your area as well as  the particular plan you choose. The maximum deductible in 2016 is $360. This is the amount you must pay out-of-pocket before Medicare will contribute to your prescription costs.

    The charts below show your estimated prescription drug plan monthly premium.  These numbers are based on your income as reported on your IRS tax return from both 2 years ago and last year. If you receive income that is above a certain limit, you will have to pay an income-related monthly adjustment amount.  This amount will be in addition to your plan premium.

    If your filing status and yearly income in 2014 was
    File individual tax return File joint tax return File married & separate tax return You pay (in 2016)
    $85,000 or less $170,000 or less $85,000 or less your plan premium above $85,000 up to $107,000 above $170,000 up to $214,000 not applicable $12.70 + your plan premium above $107,000 up to $160,000 above $214,000 up to $320,000 not applicable $32.80 + your plan premium above $160,000 up to $214,000 above $320,000 up to $428,000 above $85,000 up to $129,000 $52.80 + your plan premium above $214,000 above $428,000 above $129,000 $72.90 + your plan premium

     

    Click here to access Medicare.gov for more information regarding Part D.

    CLICK HERE TO REQUEST A NO OBLIGATION MEDICARE QUOTE.

     

    Ready to explore plan options?  Let us help you navigate.  Please either call us at 203-796-5403 or email us at admin@croweandassociates.com for more information.

    Medicare Part D ,Medicare RX ,part d cost ,part d premium

    Ed Crowe

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