MHI – Q: What are the 2017 Part A and Part B premiums and deductibles?

Posted by MedEd at MHI
A: The new Medicare premiums, deductibles, and cost-sharing amounts have been announced for 2017.
Part A 2016 2017
Hospital Deductible $1,288 $1,316
Hospital Copayment $322/day for days 61-90;
$644/day for days 91-150
$329/day for days 61-90;
$658/day for days 91-150
Skilled Care Copayment $161.00/day for days 21-100 $164.50/day for days 21-100
Part A Premium $0 with 40 quarters FICA tax;
$411/month for <30 qtrs FICA tax
$0 with 40 quarters FICA tax;
$413/month for <30 qtrs FICA tax
 
 
Part B 2016 2017
Annual Deductible $166 $183
Part B premium
(if not considered higher income)
$121.80/month for those not collecting Social Security benefits; those who enroll in Part B for first time in 2016; and those whose premiums are paid by Medicaid. All others: $104.90/month $134/month for those not collecting Social Security benefits; those who enroll in Part B for first time in 2017; and those whose premiums are paid by Medicaid. All others: On average: $109/month
Most Part B covered services 20% of Medicare approved amount 20% of Medicare approved amount

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