Last Modified: 6/4/2018 Location: FL, PR, USVI Business: Part A, Part B
Update to Medicare deductible, coinsurance, and premium rates for 2018
Effective date January 1, 2018
Implementation date: January 2, 2018
The Centers for Medicare & Medicaid Services (CMS) issued the 2018 deductibles, coinsurance, and premium rates for beneficiaries covered through the Medicare fee for service program. The 2018 deductible, coinsurance and base premium rates are:
2018 Part A - Hospital insurance
• $335.00 a day for 61st-90th day
• $670.00 a day for 91st-150th day (lifetime reserve days)
• $167.50 a day for 21st-100th day (skilled nursing facility coinsurance)
2018 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
Details are available in MLN MattersŪ article MM10405 .
First Coast Service Options (First Coast) strives to ensure that the information available on our provider website is accurate, detailed, and current. Therefore, this is a dynamic site and its content changes daily. It is best to access the site to ensure you have the most current information rather than printing articles or forms that may become obsolete without notice.