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 $1,216.00 in 2014, an increase of $32.00 from 2013. It is important to understand […]
Monthly Archives: November 2013
Medicare Part B Deductible For 2014
Medicare has announced that the Part B deductible for 2014 will remain $147.00, the same amount the annual deductible was in 2013. 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 […]