Sorry I've just got to say it.....A Public Option would have avoided most of this crap

[Sgent]

151. Ok subsidies was the wrong word

The correct word would have been "fully realized costs"

Medicare Part A premium costs $426 / month.
Medicare Part B premium costs $104.90 / month. + 314.70 Subsidy from General Fund
Medicare Part D Subsidy from general fund - 69.30 + premium (can vary)

Fully realized cost = $914.90 / month + Part D premium

Also keep in mind that Medicare only pays 80% of most Part B costs, has a $1,184 hospital deductible, a $147 Part B deductible, a $296 / day coinsurance for more than 60 days hospitalized, and $592 / day for 91+. In addition, there is a lifetime maximum of 365 days of hospital care, and mental health is only covered at 50%

http://www.medicare.gov/your-medicare-costs/costs-at-a-glance/costs-at-glance.html#collapse-4811

Note -- Medicare Part A premiums are only paid by a small group of people who haven't paid in the required number of years, are returning from disability, etc.

Medicare Part B is 25% paid by premiums, 75% by general fund subsidy.