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The following charts show the 2008 employer contributions and premiums for Medicare Retirees.
1 Party
Individual
Income Level |
2008 Premiums |
State's Contribution 100/90 Formula |
Balance after Premium Payment |
Medicare Part B Premiums |
Difference after Part B Reimbursement* |
| Under $82,000 |
$341.44 |
$471.00 |
$129.56 |
$96.40 |
$33.16 |
| $82,001 - 102,000 |
$341.44 |
$471.00 |
$129.56 |
122.20 |
$7.36 |
| $102,001 - 153,000 |
$341.44 |
$471.00 |
$129.56 |
$160.90 |
-$31.34 |
| $153,001 - 205,000 |
$341.44 |
$471.00 |
$129.56 |
$199.70 |
-$70.14 |
| Over $205,001 |
$341.44 |
$471.00 |
$129.56 |
$238.40 |
-$108.84 |
* Any remaining funds revert to the State
2 Party
Married Couples
Income Level |
2008 Premiums |
State's Contribution 100/90 Formula |
Balance after Premium Payment |
Medicare Part B Premiums |
Difference after Part B Reimbursement* |
| Under $164,000 |
$682.88 |
$886.00 |
$203.12 |
$192.80 |
$10.32 |
| $164,001 - 204,000 |
$682.88 |
$886.00 |
$203.12 |
$244.40 |
-$41.28 |
| $204,001 - 306,000 |
$682.88 |
$886.00 |
$203.12 |
$321.80 |
-$118.68 |
| $306,001 - 410,000 |
$682.88 |
$886.00 |
$203.12 |
$399.40 |
-$196.28 |
| Over $410,001 |
$682.88 |
$886.00 |
$203.12 |
$476.80 |
-$273.68 |
* Any remaining funds revert to the State
3 Party
Married Couples
Income Level |
2008 Premiums |
State's Contribution 100/90 Formula |
Balance after Premium Payment |
Medicare Part B Premiums |
Difference after Part B Reimbursement* |
| Under $164,000 |
$1,024.32 |
$1,129.00 |
$104.68 |
$289.20 |
-$184.52 |
| $164,001 - 204,000 |
$1,024.32 |
$1,129.00 |
$104.68 |
$366.60 |
-$261.92 |
| $204,001 - 306,000 |
$1,024.32 |
$1,129.00 |
$104.68 |
$482.70 |
-$378.02 |
| $306,001 - 410,000 |
$1,024.32 |
$1,129.00 |
$104.68 |
$599.10 |
-$494.42 |
| Over $410,001 |
$1,024.32 |
$1,129.00 |
$104.68 |
$715.20 |
-$610.52 |
* Any remaining funds revert to the State
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