2017 Medicare Rates

The following is a listing of the Medicare premium, deductible, and coinsurance rates that will be in effect in 2017:

Medicare Premiums for 2017:

Part A: (Hospital Insurance) Premium

  • Most people do not pay a Part A premium because they paid Medicare taxes while working. If you don’t get premium-free Part A, you pay up to $413 each month. There may be penalties if you don’t buy Part A when you’re first eligible. Click Here for additional details.

Part B: (Doctor/Outpatient Insurance) Premium

Most beneficiaries will pay the $109 monthly premium in 2017. Higher income consumers may pay more, click here for additional details.

Medicare Deductible and Coinsurance Amounts for 2017:

Part A Deductibles: (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 (2015 = $1,316) 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 total of $1,316 for a hospital stay of 1-60 days.
  • $329 per day for days 61-90 of a hospital stay.
  • $658 per day for days 91-150 of a hospital stay (Lifetime Reserve Days).
  • All costs for each day beyond 150 days

Skilled Nursing Facility Coinsurance

  • $164.50 per day for days 21 through 100 each benefit period.

Part B Deductible: (covers Medicare eligible physician services, outpatient hospital services, certain home health services, durable medical equipment)

  • $183 per year. (Note: You pay 20% of the Medicare-approved amount for services after you meet the deductible.)