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Changes To Medicare In 2018

Changes to Medicare in 2018

Changes to Medicare happen each year and it’s important to know what new Medicare provisions will take effect in 2018 so you will be prepared for the impact they’ll have on your benefits and budget. Outlined below are the changes to Medicare costs for Part A and Part B from 2017 to 2018:

  2017 2018
Part A: premium Most people don’t pay a monthly premium for Part A. If you buy Part A, you’ll pay up to $413 each month.

Most people don’t pay a monthly premium for Part A. If you buy Part A, you’ll pay up to $422 each month.

Part A: hospital deductible and coinsurance You pay:

·  $1,316 deductible (per benefit period)

·  Days 1-60: $0

·  Days 61-90: $329 per day

·  Days 91-150: $658 per day

·  Beyond 150 days: all costs

You pay:

·  $1,340 deductible (per benefit period)

·  Days 1-60: $0

·  Days 61-90: $335 per day

·  Days 91-150: $670 per day

·  Beyond 150 days: all costs

Part B: premium Most people pay $134 each month

Most people pay $134 each month

Part B: deductible and coinsurance $183 per year.

After your deductible is met, you typically pay 20% of the Medicare-approved amount for outpatient services.

$183 per year.

After your deductible is met, you typically pay 20% of the Medicare-approved amount for outpatient services.

Questions

For more information about Medicare changes in 2018, contact us at (352) 405 – 6433.

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