To amend title XVIII of the Social Security Act to provide a reduction in the premium assessed against an individual who buys into coverage under part A of the medicare program for quarters of coverage credited to the individual under title II of such Act, and for other purposes.

[AI summary unavailable — showing source text] Amends title XVIII (Medicare) of the Social Security Act (SSA) to provide a reduction in the monthly premium for individuals who buy into coverage under part A (Hospital Insurance) of Medicare for quarters of coverage credited to the individual under SSA title II (Old Age, Survivors and Disability Insurance). Places a limitation on combined premiums of spouses.…