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S. 1198 — Introduced in Senate

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II 113th CONGRESS 1st Session S. 1198 IN THE SENATE OF THE UNITED STATES June 20, 2013 Mrs. McCaskill (for herself and Mr. Coburn) introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To amend title XVIII of the Social Security Act to provide for adjustments to Medicare part B and D premiums for high-income beneficiaries. 1. Short title This Act may be cited as the Medicare Fair Share Act of 2013. 2. Adjustments to Medicare part B and D premiums for high-income beneficiaries (a) In general Section 1839(i) of the Social Security Act (42 U.S.C. 1395r(i)) is amended— (1) in paragraph (2)(A), by inserting (or, in the case of 2015 or a subsequent year, $50,000) after $80,000; and (2) in paragraph (3)— (A) in subparagraph (A)(i)— (i) by inserting applicable before table; and (ii) by inserting and year after individual; and (B) in subparagraph (C)(i)— (i) by striking (i) In general.— and inserting (i)(I) For 2007 through 2014.—For each of 2007 through 2014:; and (ii) by adding at the end the following new subclause: (II) For 2015 and subsequent years For 2015 or a subsequent year: If the modified adjusted gross income is:The applicable percentage is: More than $50,000 but not more than $85,00040 More than $85,000 but not more than $107,00060 More than $107,000 but not more than $160,00070 More than $160,000 but not more than $196,00080 More than $196,000 90. . (b) Extension of temporary adjustment to income thresholds (1) In general Section 1839(i)(6) of the Social Security Act (42 U.S.C. 1395r(i)(6)) is amended— (A) in the matter preceding subparagraph (A), by striking December 31, 2019 and inserting December 31, 2023; (B) in subparagraph (A), by striking equal to such amount for 2010; and and inserting the following: “equal to— (i) in the case of each of 2011, 2012, 2013, and 2014, such amount for 2010; and (ii) in the case of each of 2015 through 2023, such amount for 2015; and ; and (C) in subparagraph (B), by striking equal to such dollar amounts for 2010. and inserting the following: “equal to— (i) in the case of each of 2011, 2012, 2013, and 2014, such dollar amounts for 2010; and (ii) in the case of each of 2015 through 2023, such dollar amounts for 2015. . (2) Conforming amendment Section 1839(i)(5)(A) of the Social Security Act (42 U.S.C. 1395r(i)(5)(A)) is amended by inserting for such year after paragraph (2) or (3).