Medicare has announced the changes to the 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 $1,260.00 in 2015, an increase of $44.00 from 2014. It is important to understand […]

Medicare has announced that the Part B deductible for 2015 will remain $147.00, the same amount the annual deductible was in 2014. 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; some services […]