What is the annual deductible?
This is the amount that a beneficiary must pay before Medicare pays anything. For 2009, the annual deductible for Part B (physician) services is $135. This is the same as for 2008. (For 2007, it was $131). This will increase annually based on the annual growth in the government’s cost of providing Part B services to beneficiaries. After the deductible is satisfied, you’ll only have to pay 20 % of the allowed amount, called co-insurance.
Related Questions
- If I receive services with a non PPO doctor, do the charges above the PPO allowance apply to my annual deductible or out-of-pocket maximum?
- Can you clarify the difference between the Annual Deductible vs. Out-of-Pocket Maximum in the POS Out-of-Network coverage?
- How to choose between annual deductible and per-incident deductible?
