What Is the Medicare Deductible?

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Close-up of hospital employee using tablet (Image: everythingpossible/iStock/Getty Images)

Medicare is the federal health insurance program that provides coverage for eligible recipients. It works much like conventional health insurance, with deductibles, premiums and co-payments. There are four parts to Medicare coverage. The deductible depends on which part you are referring to. Deductibles are adjusted from time to time.

Medicare Deductibles by Part

Medicare Part A covers inpatient hospital stays. The deductible per benefit period is $1,216 as of 2014. A benefit period starts when someone is admitted to a hospital or skilled nursing facility and ends once 60 consecutive days elapse without receiving further hospital or skilled nursing care. Medicare Part B covers other medical care such as outpatient treatment and visits to the doctor. The Part B deductible is $147 per year as of 2014. Part C or Medicare Advantage substitutes a managed health care plan for Parts A and B. Maximum deductibles for Medicare Advantage are the same as for Parts A and B. Plan providers may set deductibles lower. Part D is the Medicare prescription drug plan and there is no deductible as such.

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