The following is a listing of the Medicare premium, deductible, and coinsurance rates that will be in effect in 2013:
Medicare Premiums for 2013:
Part A: (Hospital Insurance) Premium
Most people do not pay a monthly Part A premium because they or a spouse has 40 or more quarters of Medicare-covered employment.
The Part A premium is $248.00 per month for people having 30-39 quarters of Medicare-covered employment.
The Part A premium is $450.00 per month for people who are not otherwise eligible for premium-free hospital insurance and have less than 30 quarters of Medicare-covered employment.
Part B: (Medical Insurance) Premium
Most beneficiaries will continue to pay the same $104.50 premium amount in 2013. Beneficiaries who currently have the Social Security Administration (SSA) withhold their Part B premium and have incomes of $85,000 or less (or $170,000 or less for joint filers) will not have an increase in their Part B premium in 2013.
If your income is above $85,000 (single) or $170,000 (married couple), then your Medicare Part B premium may be higher than $104.50 per month. ]
Medicare Deductible and Coinsurance Amounts for 2013:
Part A: (pays for inpatient hospital, skilled nursing facility, and some home health care) For each benefit period Medicare pays all covered costs except the Medicare Part A deductible (2013 = $1,184) during the first 60 days and coinsurance amounts for hospital stays that last beyond 60 days and no more than 150 days.
For each benefit period you pay:
A total of $1184 for a hospital stay of 1-60 days.
$296 per day for days 61-90 of a hospital stay.
$592 per day for days 91-150 of a hospital stay (Lifetime Reserve Days).
All costs for each day beyond 150 days
Skilled Nursing Facility Coinsurance
Part B: (covers Medicare eligible physician services, outpatient hospital services, certain home health services, durable medical equipment)
$147.00 per year. (Note: You pay 20% of the Medicare-approved amount for services after you meet the $147.00 deductible.)
Plan Specific Deductibles and Out-of-Pocket Limits
High Deductible Plan F Annual Deductible: $2,110
Plan K Annual Out-of-Pocket Limit: $4,800
Plan L Annual Out-of-Pocket Limit: $2,400