2016 Medicare Costs

2016 Part B Premium:

If you are currently on Medicare and you are paying your Part B premium through your monthly Social Security Check, your Part B premium is staying the same for 2016, $104.90 per month.

If you are currently on Medicare but you are not paying your Medicare Part B premium through your Social Security than your Part B premium is increasing to $121.80 per month.

If you are joining Medicare in 2016, your Part B premium will be $121.80 per month.

(Please note that people who earn more than $85,000 per year may be required to pay a higher Part B premium.

2016 Part B Deductible:

The 2016 Part B Annual Deductible is $166.00.

2016 Part A out of pocket costs:

Part A Deductible and Coinsurance Amounts for Calendar Years 2015 and 2016 Type of Cost Sharing
20152016
Inpatient hospital deductible$1,260$1,288
Daily coinsurance for 61st-90th Day315322
Daily coinsurance for lifetime reserve days630644
SNF coinsurance157.50161.00

Robert Bache aka MedicareBob

President

Senior Healthcare Direct

BBB Rating: A+