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1992.11.27 :  Medicare Premium

Contact:  Bob Hardy (202) 690-6145
November 27, 1992

     A notice to be published in the Federal Register announces
that Medicare beneficiaries enrolled in Part B (Medical
Insurance) of the Medicare program will pay a monthly premium of
$36.60 in 1993.
       Part B of the Medicare program pays for physician
services, outpatient hospital services and a variety of other
services not covered by Medicare Part A (Hospital Insurance). 
The premium rate was legislated by Congress in the Omnibus Budget
Reconciliation Act of 1990.
     Also announced is the 1993 monthly premium of $221 for
certain persons who are age 65 and older, uninsured for Social
Security or railroad retirement benefits, and who do not
otherwise meet the requirements for entitlement to Medicare Part
A.
     The Medicare program is administered by the Health Care
Financing Administration, an agency of the U.S. Department of
Health and Human Services.

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Editor's Note:  The Health Care Financing Administration, an
agency of the U.S. Department of Health and Human Services,
directs the Medicare program for the elderly and disabled and the
federal portion of the Medicaid program for the poor.  In dollar
terms, HCFA's FY '93 budget of $230 billion is the 12th largest
governmental budget of any kind in the world and helps pay the
medical bills of 35.5 million Medicare beneficiaries and 30.1
million Medicaid beneficiaries.