Government Announces Changes to Medicare Premiums and Deductibles for 2013

November 27, 2012

The U.S. Department of Health and Human Services recently announced that Medicare Part B premiums (i.e., for physician services, outpatient hospital and durable medical equipment) will rise in 2013 by 5%--to $104.90 a month. The deductible for Part B services will increase from $140 in 2012 to $147 in 2013.

Part A premiums (i.e., for inpatient hospitals, skilled nursing facilities, and home healthcare) will fall by $10 to $441 per month in 2013. Part A deductibles that Medicare beneficiaries pay when they are admitted to a hospital will rise next year to $1,184, an increase of $28 from the 2012 deductible level of $1,156.

For more information, please contact Joel M. Greenberg, Esq. at (516) 492-3390, or visit The HLP Website.