What are Medicare Deductible and Coinsurance Amounts for 2008?
Listed below are the Medicare Deductibles and Coinsurance amounts for 2008 broken into their appropriate categories: • Part A: Pays for inpatient hospital, skilled nursing facility, and some home health care. For each benefit period Medicare pays all covered costs except the Medicare Part A deductible (2008 = $1,024) during the first 60 days and coinsurance amounts for hospital stays that last beyond 60 days and no more than 150 days. • Each benefit period: You pay a total of $1,024 for a hospital stay of 1-60 days. $256 per day for days 61-90 of a hospital stay. $512 per day for days 91-150 of a hospital stay (Lifetime Reserve Days). All costs for each day beyond 150 days • Skilled Nursing Facility Coinsurance: $128.00 per day for days 21 through 100 each benefit period. • Part B: Covers Medicare eligible physician services, outpatient hospital services, certain home health services, durable medical equipment $135.00 per year. (Note: You pay 20% of the Medicare-approved amount for ser
