how much is medicare deductible
Medicare Part D: The maximum limit for a Medicare Part D plan deductible, as set by the United States government in 2017, is $400 per year. Most Medicare Part D drug plans place a limit on how much they will spend on drugs in one year.
Medicare deductibles for 2017. Much like Medicare monthly premiums, Medicare annual deductibles vary depending on the plan you choose and the kind of coverage you select. Hereâs a look at deductibles and Medicare-related out-of-expenses for 2017: Medicare Part A (hospital insurance): $ 1,316 deductible for each benefit period. You also have to pay coinsurance if you stay in the hospital more than 60 days: $ 329 coinsurance per day for days 61 to 90, and $ 658 coinsurance per day for days 91 and beyond.
Regardless of your premium payment, the annual Part B deductible is the same for all beneficiaries. In 2017, your deductible is $183 for the year. After you meet the deductible, youâll be responsible for 20 percent of Medicare-approved costs.