Medicare Part B premiums and deductibles in 2017 increased from those in 2016, while Medicare Part A costs changed moderately, according to an announcement from the U.S. Department of Health & Human Services (HHS).

The table below shows how Medicare out-of-pocket costs will change between 2016 and 2017.

Medicare Costs

2016

2017

Part A monthly premium

$411

$413

Part A inpatient hospital stay deductible (per benefit period)

$1,288

$1,316

Part A inpatient hospital stay co-insurance (per benefit period)

Days 1-60: $0

Days 61-90: $322 per day

Day 91+: $644 co-insurance per each “lifetime reserve day” after day 90

Beyond lifetime reserve days: all costs

Days 1-60: $0

Days 61-90: $329 per day

Days 91: $658 co-insurance per each “lifetime reserve day” after day 90

Beyond lifetime reserve days: all costs

Part B annual deductible

$166

$183

Part B monthly premium

$104.90 (for most people)

$134 (depending on your income)

 

Medicare Supplement insurance coverage for 2017 Medicare costs

Medicare Supplement insurance policies (or Medigap plans) will cover some of the 2017 Medicare costs listed above.

All Medigap plans cover some or all of the Part A inpatient hospital stay co-insurance. Some of these plans also include coverage for the Part A skilled nursing facility co-insurance, the Part A inpatient hospital stay deductible, and the Part B deductible.

No Medigap policies cover Medicare premiums, however.

The table below shows which Medigap plans will cover certain Medicare out-of-pocket costs in 2017.

Medicare out-of-pocket costs

Medicare Supplement insurance plan options with full or partial coverage

Part A monthly premium

None

Part A inpatient hospital stay deductible

B, C, D, F, G, K, L, M, N

Part A inpatient hospital stay co-insurance

A, B, C, D, F, G, K, L, M, N

Part A skilled nursing facility co-insurance

C, D, F, G, K, L, M, N

Part B annual deductible

C, F

Part B monthly premium

None

Medigap Plans F and C provide the most coverage for Medicare out-of-pocket costs. For more information about Medigap plans and coverage, read our page on Medicare Supplement benefits.