2018 Medicare Parts A & B Premiums and Deductibles Announced
Yesterday, the Centers for Medicare and Medicaid Services (CMS) released the 2018 premiums for the Medicare inpatient hospital (Part A) and physician and outpatient hospital services (Part B) programs.
For 2018, the Part B premium will be $134 for those new to Medicare. For those already on Medicare, their premium will be between $108-$134, depending on the amount of their social security cost of living increase. The Part B deductible will remain the same ($183). There are some changes to the numbers which are listed below, but if you have a Medicare supplement policy, it will take care of some, if not all, of these expenses.
Part B Premium $109.00 $134.00
Part B Deductible $183 $183
Part A Hospital Deductible $1316 $1340
Part A Hospital Coinsurance Days 61-90 $329/day $335/day
Part A Hospital Coinsurance Lifetime Reserve Days
Skilled Nursing Coinsurance Days 21-100
For more information on the 2018 Medicare Parts A and B premiums and deductibles, please contact our office at 937-492-8800.