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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