Medicare Part A Premiums Announced for 2014

CMS announced the daily coinsurance amounts for 2014 will be $304 for a beneficiary’s 61st through 90th day of hospitalization (days one through 60 are fully covered), $608 for lifetime reserve days — the extra days Medicare will cover with a high coinsurance after the 90-day benefit period ends, limited to 60 per person in their lifetime.

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Additionally, patients will pay $152 for days 21 through 100 of extended care services in a skilled nursing facility during a benefit period. The Medicare Part A inpatient hospital deductible will go up by $32 to $1,216 in calendar year 2014, CMS has announced.

Read the full report on Becker’s Hospital Review.

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