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What are the Medicare premiums for 2005?

2006 Medicare Premiums

There are three main costs associated with Medicare insurance, premiums, deductibles, and coinsurance rates. The premiums are based on how many Medicare-covered quarters of employment you or your spouse have logged. If either of you have logged at least 40 quarters of Medicare-covered employment, you do not pay a monthly premium for Medicare Part A (hospital) insurance. If you have logged 30-39 quarters, your 2006 monthly Part A premium is $216.00. For those with less than 30 quarters of Medicare-covered employment and who are not eligible for premium-free hospital insurance, the 2006 monthly premium is $393. The Medicare Part B 2006 monthly premium is $88.50.

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