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CMS announces Medicare premiums and deductibles for 2013

November 16, 2012

The Centers for Medicare & Medicaid Services today announced the 2013 Medicare premiums and deductibles for beneficiaries. Under Medicare Part A, which pays for inpatient hospital, skilled nursing facility, hospice and home health care services, the 2013 monthly premium will be $441 for those aged and disabled who are not otherwise eligible. The inpatient hospital deductible will be $1,184, while the daily coinsurance amounts for will be: $296 for days 61-90 of hospitalization in a benefit period; $592 for lifetime reserve days; and $148 for days 21-100 of extended care services in a skilled nursing facility in a benefit period. The standard base monthly Part B premium rate for enrollees will be $104.90 but is adjusted upward for higher income beneficiaries, while the Part B deductible for 2013 is $147.00.