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lev-tax, Tax Advisor
Category: Social Security
Satisfied Customers: 28081
Experience:  Taxes, Immigration, Labor Relations
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We have the option of keeping my wife's health insurance as

Customer Question

We have the option of keeping my wife's health insurance as our secondary insurance after medicare. If we just do Medicare, and want to carry Medicare supplementary insurance where can I find what that would cost us?
Submitted: 6 months ago.
Category: Social Security
Expert:  lev-tax replied 6 months ago.
Premium costs may vary depending on your incomeYou will find some details in this page is official government source.Questions?
Expert:  lev-tax replied 6 months ago.
The standard Part B premium amount is $121.80 (or higher depending on your income). However, most people who get Social Security benefits will continue to pay the same Part B premium amount as they paid in 2015. This is because there wasn't a cost-of-living increase for 2016 Social Security benefits.If your yearly income in 2014 (for what you pay in 2016) was $170,000 or less - if you File joint tax return - You pay (in 2016) $121.80.If however your income was above $170,000 up to $214,000 - you pay $170.50,etc - up to $389.80.Let me know if you need any clarification this matter.

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