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Premiums, Deductibles, and Coinsurance Amounts

Below are Medicare premium, deductible, and coinsurance amounts for 2008.

Medicare Part A - Hospital Insurance (Amounts apply to each benefit period)

Hospital:
Inpatient Deductible $1,024.00
Coinsurance Days 61 through 90 $256.00 per day
Coinsurance Days 91 through 150 $512.00 per day

Skilled Nursing Facility:
Coinsurance Days 21 through 100 $128.00 per day

Home Health Care:
Coinsurance 20% for Durable Medical Equipment


Medicare Part B - Medical Insurance

Annual Deductible $135.00
Coinsurance 20% of approved charges

2008 Medicare Part B Premium Table
Income Parameters for Determining Part B Premium
Premium Per Month Individual Income* Joint Income (Married)^ Married But File Separate#
$96.40 $82,000.00 or less $164,000.00 or less $82,000.00 or less
$122.20 $82,000.01 - $102,000.00 $164,000.01 - $204,000.00  
$160.90 $102,000.01 - $153,000.00 $204,000.01 - $306,000.00  
$199.70 $153,000.01 - $205,000.00 $306,000.01 - $410,000.00 $82,000.01 - $123,000.00
$238.40 $205,000.01 or more $410,000.01 or more $123,000.01 or more

*Individual Income = Beneficiaries who file an individual tax return (including those who are single, head of household, qualifying widow(er) with dependent child, or married filing separately who lived apart from their spouse for the entire taxable year).

^Joint Income = Beneficiaries who are married and lived with their spouse at any time during the taxable year, and also file a joint tax return.

#Married But File Separate = Beneficiaries who are married and lived with their spouse at any time during the taxable year, but file a separate tax return from their spouse.

Note: There is no coinsurance for certain Part B services, such as clinical laboratory tests, and flu and pneumococcal vaccines.


Help With Your Medicare Costs - Do you need help paying your Medicare premiums, coinsurance, and deductibles? You may be eligible for the Qualified Medicare Beneficiary (QMB), Specified Low-Income Medicare Beneficiary (SLMB), or Qualified Individual (QI) programs. Click the link above for more information.
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This page updated
January 9, 2008



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