Deductibles are the costs you must meet in order for your Medicare plan to begin providing you coverage for your healthcare services. While deductibles will vary among plans and can change each year, it’s important to know what the current Medicare deductibles are. Let’s take a look at the Medicare deductibles as of 2021.
Original Medicare (Part A+B) Deductibles
Original Medicare consists of both Medicare Parts A and B. For Medicare Part A, you will have a $1,484 deductible per benefit period. A benefit period is how Original Medicare measures how you use hospital and skilled nursing facility services.
Your benefit period will start as soon as you’re admitted to a hospital or skilled nursing facility as an inpatient. Your benefit period will then end once you have not received any inpatient care for 60 consecutive days. If you are admitted again after this 60-day period has ended, a new benefit period will begin and you will have to pay another $1,484 deductible.
The Part B deductible is only an annual deductible. For 2021, the Part B deductible is $203.
Medicare Part C and D Deductibles
Many Medicare Advantage (Part C) plans will have a $0 premium. Not all, but some of the $0 premium Medicare Advantage plans will also have a $0 deductible.
Like Part B, the Part D deductible is a yearly deductible. However, each Part D plan will vary. The maximum deductible a Part D plan can have as of 2021 is $445, but some plans will have deductibles that are less than this or have no deductible at all.
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