Skip to content
Social Security Online
SSA logo: link to Social Security Online home

Find An Answer to Your Question

Are you an employer? See answers to your W-2 Reporting questions.
Ask a Question
 My FAQ Update Notifications 
  hide accessible links  
 Search by Category View Category Hierarchy
     Search Tips? 
  Answer ID  

 Printer Friendly Version of This Answer  Print Answer

 Email This Answer  Email Answer
  What is the "Part B" Medicare monthly premium for 2008?

What is the "Part B" Medicare monthly premium for 2008?


The Part B monthly premium is $96.40 in 2008, an increase of $2.90, or 3.1 percent, from the $93.50 Part B premium for 2007.  The 2008 amount is the smallest percentage increase in the Part B premium since 2000.

The Medicare Part B premium amounts for 2008 are determined by the Department of Health and Human Services (HHS).  The premiums paid by beneficiaries enrolled in Medicare Part B cover physician services, outpatient hospital services, certain home health services, durable medical equipment and other items.  

Most beneficiaries will continue to pay the standard premium.  Beginning in 2007, a small number of beneficiaries with higher incomes (individuals with income exceeding $80,000 and married couples with income exceeding $160,000) began paying a higher Part B premium based on their income.  For 2008, this amount was increased to $82,000 for an individual or $164,000 for a married couple.  For information on the increase for other income levels, see "Medicare Part B Monthly Premiums in 2008", a FAQ on the Medicare website.

For more information, see Social Security's publication, Medicare Part B Premiums: New Rules For Beneficiaries With Higher Incomes, call us toll-free at 1-800-772-1213 (TTY 1-800-325-0778) or visit your local Social Security office.

More information about Medicare can be found at

  Answers others found helpful
  Users who viewed this answer have also viewed
Search for Another Answer
  Search for Another Answer  

Privacy Policy | Website Policies & Other Important Information | Site Map         Need Larger Text?