Medicare Part B Premium To Jump To $247 Per Month in 2014! (Hoax)

One thing I love about these "internets" is the birth and propagation of urban legends. The one I am seeing most right now in the health insurance community is as follows:

Italicized in brackets are my comments.

"The per person Medicare insurance premium [Part B] will increase from the present fee of $96.40 [this was the 2009 rate by the way] to $104.20 in 2012, $120.20 in 2013, and $247 in 2014. These are provisions incorporated in the Obamacare legislation [PPACA] purposely delayed so as not to confuse the 2012 re-election campaign. Send this to all seniors that you know so they will know who is throwing them under the bus. Obama knows that this will kill his chances for a second term if enacted now and he thinks voters are stupid and won't know or care about anything that doesn't affect them now. REMEMBER THIS IN NOVEMBER AND VOTE ACCORDINGLY"

If you receive this information it is a hoax and urban legend that will likely continue to make the rounds at least through the 2012 Presidential election. I am sure there are some variations going around as well.

I wanted to warn seniors in California (and other states) that there is no factual basis for this hoax and it is a political scare tactic with no truth.

Snopes has a great explanation of this urban legend so I won't replicate it here. Click on the link below to read an excellent summary: Medicare Premium Increases

If I ever receive factual information about such a rate change on any health plan (Medicare or otherwise) in California, I will let you know here on my blog.



  1. Increasing of the price of premium is bad news for the policy holders. Prices are increase year by year but it gives additional pressure on the policy holders.

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