2007-04-18 04:24:13 · 4 answers · asked by milliscloset 1 in Business & Finance ➔ Insurance
You are eligible for Medicare Parts A and B at age 65, whether or not you are retired. The cost for Part B is $93.50 per month. This amount will be automatically taken out of your Social Security check, if you are drawing. If not, you will have to pay it.
Medicare Supplements range in price from $0 to about $175 per month, depending on your state and the type of coverage you elect. Medicare Part D is the new prescription drug coverage that went into effect in 2006. The average cost of this coverage ranges from $25 to $65 per month, depending on what level of coverage you choose. If you are income-qualified, you can receive free or discounted coverage.
2007-04-18 05:01:16 · answer #1 · answered by Insurance Biz CT 5 · 0⤊ 0⤋
I don't remember the exact figures, but my dad had approx 100.00/mo taken out of his SS, plus paid another $ 110.00 a month for a supplemenmt.
Prescription coverage was free, courtesy of the Commonwealth of PA, due to his low income.
These plans were a gift from God. in the last year of his life he was in the hospital several times.
Good luck.
2007-04-18 04:52:32 · answer #2 · answered by TedEx 7 · 0⤊ 0⤋
Ryan will in simple terms make it attainable for the wealthy to proceed to activity the gadget. He desires to "ability attempt" the gadget meaning they'll take a glance at your earnings and base your subsidy on that. yet do no longer forget what "earnings" ability interior the area of the wealthy. Many wealthy people have not have been given any "earnings", yet Capital valuable properties as a replace. think of roughly this. Social protection is already "ability examined" contained in here way. Early retirees, 62 years previous, can draw a verify yet they're limited to an Earned earnings of roughly $14,000.00 in line with 12 months and in the event that they make over that they supply back funds. in spite of the undeniable fact that, if their earnings is dereived from inventory dividends, mortages ect, that funds isn't counted as in the direction of the optimal earnings. stay with me here. As general, it will be the persons caught interior the midsection who will pay extra.
2016-11-25 19:38:14 · answer #3 · answered by ? 4 · 0⤊ 0⤋
Here is an excellent site with some wonderful options 4 U.
2007-04-19 08:34:32 · answer #4 · answered by Anonymous · 0⤊ 1⤋