A cautionary tale is a tale told in folklore, to warn its hearer of a danger.There are three essential parts to a cautionary tale, though they can be introduced in a large variety of ways.First, a taboo or prohibition is stated: some act, location, or thing is said to be dangerous. Then, the narrative itself is told: someone disregarded the warning and performed the forbidden act.he narrator of a cautionary tale is momentarily excused from the ordinary demands of etiquette that discourages the use of gruesome or disgusting imagery because the tale serves to reinforce some other social taboo.
The standard Medicare Part B premium is determined by a formula contained in the 1997 Balanced Budget Act, which set the premium at 25 percent of total program costs. The remaining 75 percent of program costs are financed through general revenues. The Medicare Modernization Act of 2003 (MMA) requires higher-income beneficiaries to pay a higher percentage of program costs, resulting in multiple tiers of premiums based on income.
1 The standard monthly premium for Medicare Part B in 2012 is $99.90, but it can be $139.90 -$319.70 a month if total income is more than $85,000 for a single person or $170,000 for a married couple. 2  See How Much Does Medicare Part B Cost. A person must have traditional Medicare (Part A and/or Part B) to buy a Medigap policy. 2  Because Medicare Part A and B only cover a portion of the total health care costs, a supplemental Medigap policy is the only way to get relatively comprehensive coverage through the traditional Medicare plans.