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Last Modified: 12/6/2016 Location: FL, PR, USVI Business: Part A, Part B

Update to Medicare deductible, coinsurance, and premium rates for 2017

Effective date January 1, 2017
Implementation date: January 3, 2017

Summary

The Centers for Medicare & Medicaid Services (CMS) issued the 2017 deductibles, coinsurance, and premium rates for beneficiaries covered through the Medicare fee for service program. The 2017 deductible, coinsurance and base premium rates are:

2017 Part A - Hospital insurance

Deductible: $1,316.00
Coinsurance
$329.00 a day for 61st-90th day
$658.00 a day for 91st-150th day (lifetime reserve days)
$164.50 a day for 21st-100th day (skilled nursing facility coinsurance)

2017 Part B - Supplementary medical insurance (SMI)

Under Part B of the Medicare supplementary medical insurance (SMI) program, enrollees are subject to a monthly premium. Most SMI services are subject to an annual deductible and coinsurance (percent of costs that the enrollee must pay), which are set by statute.
Deductible: $183.00 a year
Coinsurance: 20 percent
Information on claims processing for HCV screens and other details are available in MLN MattersŪ article MM9902 external pdf file.
Source: MM9902
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