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2012 Medicare Premium, Deductible & Co Insurance


Part A Premium
·         No Need to pay if already paid 40 or more quarters of MCR covered employment
·         30 – 39 Quarters Part A Premium $248 per month
·         Less than 30 Quarters of Medicare covered employment $451
Part B Premium
Part B Premium $99.90 in 2012, $15.50 decrease from 2011

Deductible & Co Insurance
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 (2012 = $1,156) 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 hospital stay of 1-60 days$1,156
  • 61-90 of a hospital stay $289 
  • 91-150 $578 per day for days  of a hospital stay (Lifetime Reserve Days).
  • All costs for each day beyond 150 days
Skilled Nursing Facility Coinsurance
  • $144.50 per day for days 21 -100 each benefit period.
Part B $140
Co Insurance 20%

Comments

  1. UnknownOctober 1, 2012 at 9:41 AM

    Thank you for posting this information. The medical billing process is a little extensive. I have enjoyed reading your article. Chicago and many other cities have improving medical billing as far as I can tell. http://www.maximizedrevenue.com/start/medical_billing_florida/

    ReplyDelete

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