2006 Medicare Premiums, Deductibles, and Co-Pays Announced

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The U.S. Centers for Medicare and Medicaid Services has announced the 2006 Medicare deductibles, premiums, and co-pay amounts. The following was published in the Federal Register:

Medicare Hospital Insurance (Part A):
Deductible – $952 per Benefit Period ($912 in 2005)
Co-insurance – $238 a day for the 61st through the 90th day ($228 in 2005), per Benefit Period; $476 a day for each “nonrenewable, lifetime reserve day” ($456 in 2005)
Skilled Nursing Facility Co-insurance – $119 a day for the 21st through the 100th day per Benefit Period ($114 in 2005)
Hospital Insurance Premium – $393 ($375 in 2005)
Reduced Hospital Insurance Premium – $216 ($206 in 2005)

Medicare Medical Insurance (Part B):
Deductible – $124 per year ($110 in 2005)
Monthly Premium – $88.50 ($78.20 in 2005)

For more details, log on to http://www.access.gpo.gov/su_docs/fedreg/a050923c.html
and scroll down to Centers for Medicare & Medicaid Services.

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