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Healthcare Financial News - Wednesday, October 28, 2009

Healthcare Financial News


Wednesday, October 28, 2009
CMS Publishes Medicare Premiums, Deductibles, and Coinsurance for CY10

The Centers for Medicare & Medicaid Services (CMS) has announced the inpatient hospital deductible and the hospital and extended care services coinsurance amounts for services furnished in CY10 under Medicare Part A, effective Jan. 1, 2010.

The CY10 inpatient hospital deductible will be $1,100. The daily coinsurance amounts for CY10 will be: (a) $275 for the 61st through 90th day of hospitalization in a benefit period; (b) $550 for lifetime reserve days; and (c) $137.50 for the 21st through 100th day of extended care services in a skilled nursing facility in a benefit period.

CMS also announced the standard monthly Part B premium rate of $110.50 for CY10 and the annual deductible amount of $155.00 for CY10. The standard premium rate of $110.50 for next year reflects an increase of $14.10 over the CY09 rate of $96.40.

Read the CMS notices about Medicare Part A and Part B in the Federal Register.

posted on 10/28/2009 3:39:30 PM (CST)  Permalink