Medicare Part B Deductible
The Medicare Part B Deductible is the amount beneficiaries pay out-of-pocket for coverage under Medicare Part B (Medical). After the annual deductible is paid, Medicare covers 80% of the cost for qualifying care and services.
The Medicare Part B Deductible for 2017 is $183.
The Annual Medicare Part B Deductible
The Medicare Part B Deductible is an annual deductible. It is based on the calendar year, not the effective date of your policy.
Medicare Part B Deductible Cost History
Years
1966 – 1972
1973 – 1981
1982 – 1990
1991 – 2004
2005
2006
2007
2008
Amount
$50
$60
$75
$100
$110
$124
$131
$135
Year
2009
2010
2011
2012
2013
2014
2015
2016
Amount
$135
$155
$162
$140
$147
$147
$147
$166
Medicare Part B Deductible Future
The Part B Deductible increases or decreases proportionally to the Medicare Part B Premium. The projected increases for 2017 through 2024 is 5.4% annually. If Part B spending increases faster than expected, the Part B Deductible will too.
Medicare Part B Deductible Coverage
Currently, Medigap Plan C and Medigap Plan F are the only plans that cover the $166 Deductible. With the passing of the Medicare Access and CHIP Reauthorization Act of 2015, this will change in 2020. Under the new law, Medicare Supplement Plans cannot sell plans that offer first-dollar coverage by covering the Medicare Part B Deductible. As a consequence of the new legislation, Plans C and F will be phased out.
Widget not in any sidebars
Follow Us