Skip to main content

Medicare Deductible, Coinsurance, and Premium rate for 2104

Herewith we have listed the Medicare Part A & B Deductible, Coinsurance, and premium details for 2014 as follows.

2014 Part A

Deductible $1216.00

Coinsurance

$304.00 a day for 61st – 90th day

$608.00 a day for 91st – 150th day (Life time reserve days)

$152.00 a day for 21st -100th day ( Skilled Nursing Facility coinsurance)

Base Premium

$426.00 a month

BP with 10% Surcharge

$468.60 a month

BP with 45 % reduction

$234.00 month (For those who have 30-39 quarters of coverage)

BP with 45% reduction and 10% surcharge

$257.40 a month

PART B

Standard Premium

$104.90 a month

PART B Deductible for 2014 – $147 a year

Pro rata data amount

$114.99 1st month

32.01 2nd month

Co Insurance 20%
Thanks,

Comments

  1. Medicaid pays $X, Medicare pays $Y, private insurance pays $A, B, C. ad infinitum for drugs and treatments. But, we expect an informed citizenry. No chance of that. That is why we need a single payer system. There is no "market" for health care because no consumer can possibly shop for drugs or care or understand billings. It's called FRAUD.

    ReplyDelete

Post a Comment

Popular posts from this blog

What is QMB / MQMB stands for?

In Medical billing or Healthcare industry The term QMB stands for Qualified Medicare Beneficiary & MQMB stands for Medicare Qualified Medicare Beneficiary. The term "QMB" or "MQMB" on the form indicates the client is a Qualified Medicare  Beneficiary (QMB) or a Medicaid Qualified Medicare Beneficiary (MQMB). The Medicare Catastrophic Coverage Act of 1988 requires Medicare premiums, deductibles, and coinsurance payments to be paid for individuals who meet the following criteria:  Important: Clients limited to QMB are not eligible for THSteps or THSteps-CCP Medicaid benefits.  Note: Clients eligible for STAR+PLUS who have Medicare and Medicaid are MQMBs. Medicaid reimburses for the coinsurance and deductibles as well as Medicaid-only services for the MQMB client. QMBs do not receive Medicaid benefits other than Medicare deductible and coinsurance liabilities. MQMBs do qualify for Medicaid benefits not covered by Medicare in addition ...

Novitas Address for mailing paper claims

According to Novitas   “ Effective 04/15/2014, paper claims that were submitted to the old Novitas Solutions mailing addresses are no longer being forwarded by the postal service. The 1500 claim forms are being mailed back to the provider and will need to be resubmitted to the correct mailing address” Herewith we have enclosed the Novitas mailing address Jurisdiction H (JH) includes Arkansas, Colorado, Louisiana, Mississippi, New Mexico, Oklahoma, Texas, Indian Health and Tribal facilities as well as Veterans Affairs. General Mailing Address Novitas Solutions Attn: (dept or function name or specific person) 2020 Technology Parkway, Suite 100 Mechanicsburg, PA 17050 Addresses for Claims and Development Responses This section contains the addresses for submitting initial claims and responding to development requests for additional information. Part B Claims Novitas Solutions Attn: Part B Claims PO Box XXXX (replace the Xs with the PO Box number from ...

Novitas Mailing address

General Mailing Address Novitas Solutions Attn: (dept or function name or specific person) 1800 Center Street Camp Hill, PA 17089 Addresses for Claims and Development Responses This section contains the addresses for submitting initial claims and responding to development requests for additional information. Part A Claims Novitas Solutions Attn: Part A Claims PO Box 890 XXX (replace the Xs with the PO Box number from the table below) Camp Hill, PA 17089- XXXX (fill in the +4 from the table below) Part A Claims PO Box Zip +4 Arkansas PO Box 890103 17089-0103 Colorado PO Box 890113 17089-0113 Contractor ID 12901 - PA, NJ, MD, DC, DE PO Box 890122 17089-0122 Delaware PO Box 890417 17089-0417 Louisiana PO Box 890103 17089-0103 MD/DC PO Box 890385 17089-0385 ...