Every year, the federal government reevaluates the costs for Medicare Parts A and B to determine if changes need to be made to deductibles, co-pays and out-of-pocket amounts. These changes are based on many factors, including health care costs. SHIIP, the Seniors’ Health Insurance Information Program, is a program of the North Carolina Department of Insurance that can help Medicare beneficiaries, their families and caregivers understand how the coming changes will affect them in 2015.
Part B – Medical Insurance
For the second year in a row, there are no changes to the premium or deductible for Medicare Part B, Medical Insurance. The premium remains at $104.90 each month for most beneficiaries; premiums for people with incomes higher than $85,000 will also remain the same as 2014 premiums for those groups.
Part A – Hospital Insurance
Hospitalization cost for Medicare beneficiaries will increase slightly in 2015.
|First 60 days||$1,216 deductible||$1,260 deductible|
|Days 61-90||$304 per day||$315 per day|
|Days 91-150||$608 per day||$630 per day|
Medicare will continue to pay 100 percent of approved costs for the first 20 days of Post-Hospital Skilled Nursing Facility Care. For Skilled Nursing Care between 21 and 100 days, the charge per day is $157.50 for 2015, an increase from the 2014 charge of $152 per day.
The premium for Medicare Part A will continue to be $0 for eligible beneficiaries. For those ineligible, the premium for Part A has decreased to $407 per month for those who worked fewer than 30 quarters, and $224 per month for those who worked between 30 and 40 quarters.
Medicare Supplement Plans
The Standardized Medicare Supplement Plans in 2015 will remain the same for the out-of-pocket limit for Plan K at $4,940, and the out-of-pocket limit for Plan L at $2,470. The deductible for the Plan F Prime is increasing slightly, from $2,140 to $2,180.