The new Medicare premiums, deductibles, and co-payments for 2014

The Centers for Medicare and Medicaid Services (CMS) has released the new Medicare premiums, deductibles, and co-payments for 2014:

  • Basic Part B premium: $104.90/month (no change from 2013)
  • Part B deductible: $147 (no change from 2013)
  • Part A deductible: $1,216 (was $1,184 in 2013)
  • Co-payment for hospital stay days 61-90: $304/day (was $296 in $2013); Co-payment for hospital stay days 91-150: $608/day (was $592 in 2013)   
  • All costs for each day beyond 150 days
  • Skilled nursing facility co-payment, days 21-100: $152/day (was $148 in 2013)  

 
Also, note that individuals with annual incomes over $85,000 and married couples with annual incomes over $170,000 will pay a higher Medicare Part B premium, with a minimum monthly premium of $146.90/month (no change from 2013).    

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