Medicare Coverage & Premiums

 

Medicare Part A (2020)

Hosptial Inpatient StayDeductible: $1,408 per benefit periodFirst 60 Days Cost: You pay $0. Medicare pays.
  Days 61-100 Cost: You pay $352 a day. Medicare pays the rest.
  Days 101-150 Cost: You pay $704 a day. Medicare pays the rest.
  Days 150+ Cost: You pay 100%
Skilled Nursing Facility Care StayOnly after a 3-day inpatient stay at a hospital. Skilled Nursing Care is a technical term and does not include solely custodial careFirst 20 days Cost: You pay $0. Medicare pays.
Days 21-100 Cost: You pay the first $176.00 a day. Medicare pays the rest.Days 101+: You pay 100%
Inpatient Psychiatric Care 190 days lifetime benefit, Medicare pays 100%

 

Medicare Part B (2020): Annual Deductible is $198.00

IndividualJointMonthly Premium
$87,000 or less$174,000 or less$144.60
$87,000 – $109,000$174,000 – $218,000$202.40
$109,000 – $136,000$218,000 -$272,000$289.20
$136,000 – $163,000$272,000 – $326,000$376.00
$163,000 – $500,000$326,000 – $750,000$462.70
Greater than $500,000Greater than $750,000$491.60

 

Medicare Part D (2020)

IndividualJointMonthly Premium
$87,000 or less$174,000 or lessPlan Premium
$87,000 – $109,000$174,000 – $218,000$12.40 + Plan Premium
$109,000 – $136,000$218,000 -$272,000$31.90 + Plan Premium
$136,000 – $163,000$272,000 – $326,000$51.40 + Plan Premium
$163,000 – $500,000$326,000 – $750,000$70.90 + Plan Premium
Greater than $500,000Greater than $750,000$77.40 + Plan Premium