Medicare has announced that the Part B annual deductible for 2013 will be $147.00, an increase of $7.00 from the annual deductible in 2012. This means that once a Medicare beneficiary has paid $147.00 for medical care covered by Medicare Part B, Medicare will begin to pay for services at 80% of their approved amount; […]

Medicare has announced the changes to deductible and coinsurance for Medicare Part A. Medicare Part A covers facility type charges such as inpatient hospital stays and skilled care in a skilled nursing facility. The inpatient hospital deductible will increase to $1,184.00 in 2013, an increase of $28.00 from 2012. It important to understand that the […]