2013 Medicare Part B Deductible Amount

Medicare has announced that the Part B annual deductible for 2013 will be $147.00, an increase of $7.00 from the annual deductible in 2012. This means that once a Medicare beneficiary has paid $147.00 for medical care covered by Medicare Part B, Medicare will begin to pay for services at 80% of their approved amount; some services are paid at 100% by Medicare and not subject to the Part B deductible. Medicare Part B approves items such as doctors’ services, outpatient services, ambulance services, etc.

For more information on this topic or any other insurance issue, please contact our office to speak with one of our knowledgeable staff.