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Fact check: Obamacare will keep Medicare premiums low, not double them.

Another viral email is spreading yet another false and misleading attack on Obamacare. This time, opponents of the law are making the absurd claim that Medicare premiums are about to double because of health reform:

The per person Medicare insurance premium will increase from the present monthly fee of

$96.40, rising to:

$104.20 in 2012;

$120.20 in 2013; And

$247.00 in 2014.

These are provisions incorporated in the Obamacare legislation, purposely delayed so as not to ‘confuse’ the 2012 re-election campaigns.

But here are the facts: Every single number in the email is wrong. The entire argument appears to have been simply fabricated out of thin air. The fact is, Obamacare strengthens Medicare by keeping premiums low and extending its solvency.

What you need to know:

  • Monthly Medicare premiums are currently $99.90—not $104.20 like the email falsely claims.

  • In 2014, they are projected to be $112.10, not $247—a difference of $135 that the email completely made up.

  • The health care law does not change anything about the way Medicare premiums are set. All Obamacare does is make Medicare stronger. The health care law makes sure seniors get free preventive care and savings in the doughnut hole and extends Medicare’s solvency by eight years.

  • The health care law is actually keeping Medicare premiums low. Experts estimate that monthly premiums are $4.40 lower because of Obamacare in 2012. By 2021, seniors will save $23.40 a month on premiums.

  • Independent fact checkers say the same thing. From Factcheck.org to Politifact to AARP, everyone agrees this claim is a complete fabrication.

Medicare premiums are not going to double because of Obamacare—in fact, the law is helping keep premiums low. Share the facts with your friends and family so people learn the truth about health reform.