CMS announces Medicare premiums and deductibles for CY 2017
AHA News Now
Nov 11, 2016
The Medicare Part A deductible for inpatient hospital services will increase by $28 in calendar year 2017, to $1,316, the Centers for Medicare & Medicaid Services announced yesterday. The Part A daily coinsurance amounts will be $329 for days 61-90 of hospitalization in a benefit period; $658 for lifetime reserve days; and $164.50 for days 21-100 of extended care services in a skilled nursing facility in a benefit period. The monthly Part A premium, paid by beneficiaries who have fewer than 40 quarters of Medicare-covered employment and certain people with disabilities, will increase by $2 in CY 2017, to $413. Most people with Medicare Part B will not see an increase in their monthly premium in CY 2017 due to a statutory “hold harmless” provision. For about 30% of beneficiaries, the standard Part B premium will increase by about $12 to $134, CMS said.
Topic: Advocacy and Public Policy