MEDICARE: For most, the 2017 monthly Medicare Part B premiums average $109.00
however, the basic premium increases to $134.00 a month for some people. The group that
pays more include individuals who first enroll in Part-B for 2017 and folks who do not have premiums
deducted from monthly Social Security benefits. Upper-income seniors also pay more for Part-B and D coverage
in 2017 if their modified adjusted gross incomes for 2015 exceeded $170,000.00 for joint filers or $85,000.00
for single people. Here, modified AGI is AGI plus any tax-exempt interest. For Part-B, they pay the higher $134.00
basic monthly premium plus a surcharge. They also owe a surcharge on Part D premiums for prescription drug
coverage. The combined surcharges on upper-incomers can be as large as $370.80 a month.

HEALTH CARE: The income levels to qualify for the health premium credit in 2017 go up. It is available to
filers with household incomes ranging from 100% to 400% of the federal poverty level…$11,880.00 to
$47,520.00 for singles and $24,300.00 to $97,200.00 for a family of four…who buy health insurance through
one of the exchanges. Individuals who are eligible for Medicaid or other federal insurance don’t qualify. Nor
no individuals who can get affordable health insurance through their employers.

BUSINESS TAXES: Businesses that hire the long-term unemployed get a tax credit. The work opportunity tax
credit is expanded to cover employers that hire people who’ve been out of work for 27 weeks or more and
received unemployment benefits. The 40% credit on the first $6,000.00 in wages applies for those beginning
work after 2015