| The following is
a listing of the Medicare premium, deductible, and
coinsurance rates that will be in effect in 2005:
Medicare Premiums for 2005:
Part A: (Hospital Insurance)
Premium
-
Most people
do not pay a monthly Part A premium because they or
a spouse has 40 or more quarters of Medicare-covered
employment.
-
The Part A
premium is $206.00 for people having 30-39 quarters
of Medicare-covered employment.
-
The Part A
premium is $375.00 per month for people who are not
otherwise eligible for premium-free hospital
insurance and have less than 30 quarters of
Medicare-covered employment.
Part B: (Medical Insurance)
Premium
$78.20 per month.
Medicare Deductible and
Coinsurance Amounts for 2005:
Part A: (pays for
inpatient hospital, skilled nursing facility, and some
home health care) For each benefit period Medicare pays
all covered costs except the Medicare Part A deductible
(2005 = $912) during the first 60 days and coinsurance
amounts for hospital stays that last beyond 60 days and
no more than 150 days.
For each benefit period you
pay:
-
A total of $912 for a
hospital stay of 1-60 days.
-
$228 per day for days 61-90
of a hospital stay.
-
$456 per day for days 91-150
of a hospital stay (Lifetime Reserve Days).
-
All costs for each day beyond
150 days
Skilled Nursing Facility
Coinsurance
-
$114.00 per
day for days 21 through 100 each benefit period.
Part B: (covers
Medicare eligible physician services, outpatient
hospital services, certain home health services, durable
medical equipment)
Additional information about the
Medicare premiums, deductibles, and coinsurance rates
for 2005 is available in the September 3, 2004 Health
and Human Services press release titled "HHS Announces
Medicare Premium, Deductibles for 2005" on the
www.hhs.gov website.
Source:
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