Medicare Deductible Changes
Thursday, March 01, 2007
Each year Medicare adjusts the Medicare Part A and Medicare Part B deductibles. These adjusts seem to reflect higher costs of providing health insurance coverage due to inflation and the rising cost of health coverage. The Medicare Part A deductible went from $954 to $992. That is a $42 change (4.4%). The Medicare Part B deductible went from $124 to $131. That is a $7 change (5.4%). Each year these deductibles seem to rise. Fortunately, a Medicare recipient can purchase a Medicare Supplement that will cover some if not all of these costs.
3/1/2007 12:00:00 AM
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