Medicare has announced the changes to the deductible and coinsurance for Medicare Part A. Medicare Part A covers facility type charges such as inpatient hospital stays and skilled care in a skilled nursing facility.
The inpatient hospital deductible will increase to $1,316.00 in 2016, an increase of $28.00 from 2016. It is important to understand that the Part A deductible is NOT an annual deductible. Medicare uses a period of 60 days to determine patient responsibility; therefore a patient could be responsible for this deductible more than once in a year.
The skilled nursing facility coinsurance also increases in 2017 to $164.50 per day for days 21-100; the 2016 amount was $161.00 per day. For days 0-20, Medicare pays services at 100%.
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