Department of Health and Human Services, Centers for Medicare and Medicaid Services: Medicare Program; Medicare Part B Monthly Actuarial Rates, Premium Rate, and Annual Deductible Beginning January 1, 2005
GAO-04-1088R: Sep 21, 2004
- Full Report:
GAO reviewed the Centers for Medicare and Medicaid Services' (CMS) new rule on the Medicare Program's Part B monthly actuarial rates, premium rate, and annual deductible beginning January 1, 2005. GAO found that (1) the rule announces the monthly actuarial rates for aged (age 65 and over) and disabled (under age 65) enrollees for the Part B account in the Medicare Supplementary Medical Insurance (SMI) trust fund for 2005; the monthly Part B premium to be paid by enrollees during 2005; the monthly actuarial rates for 2005, which are $156.40 for aged enrollees and $191.80 for disabled enrollees; and the Part B deductible for 2005, which is $110.00; and (2) CMS complied with applicable requirements in promulgating the rule.