CMS has announced Medicare Part A premiums will decrease in 2015, while Medicare Part A deductibles will increase, according to an American Hospital Association report.
The Medicare Part A deductible, which covers inpatient hospital, skilled nursing facility and home health services, will cost $1,260 in 2015, up $44 from 2014. The monthly Medicare Part A premium will decline $19 in 2015 to $407.
Both the Medicare Part B monthly premium at $104.90 and annual deductible at $147 will remain the same. Medicare Part B covers physician and hospital outpatient services, some home health services, medical supplies and other items for people over age 65.
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