The following is a listing of the Medicare premium, deductible, and coinsurance rates that will be in effect in 2010:

Medicare Premiums for 2010:

Part A: (Hospital Insurance) Premium

• Most people do not pay a monthly Part A premium because they or a spouse has 40 or more quarters of Medicare-covered employment.
• The Part A premium is $254.00 per month for people having 30-39 quarters of Medicare-covered employment.
• The Part A premium is $461.00 per month for people who are not otherwise eligible for premium-free hospital insurance and have less than 30 quarters of Medicare-covered employment.

Part B: (Medical Insurance) Premium

Most beneficiaries will continue to pay the same $96.40 premium amount in 2010.  Beneficiaries who currently have the Social Security Administration (SSA) withhold their Part B premium and have incomes of $85,000 or less (or $170,000 or less for joint filers) will not have an increase in their Part B premium in 2010.  For additional details, see our FAQ titled: “Will my Medicare Part B premium increase in 2010?“

For all others, the standard Medicare Part B monthly premium will be $110.50 in 2010, which is a 15% increase over the 2009 premium.  The Medicare Part B premium is increasing in 2010 due to possible increases in Part B costs.  If your income is above $85,000 (single) or $170,000 (married couple), then your Medicare Part B premium may be higher than $110.50 per month.  For additional details, see our FAQ titled: “2010 Part B Premium Amounts for Persons with Higher Income Levels“.

Medicare Deductible and Coinsurance Amounts for 2010:

Part A: (pays for inpatient hospital, skilled nursing facility, and some home health care) For each benefit period Medicare pays all covered costs except the Medicare Part A deductible (2010 = $1,100) during the first 60 days and coinsurance amounts for hospital stays that last beyond 60 days and no more than 150 days.

For each benefit period you pay:

• A total of $1,100 for a hospital stay of 1-60 days.
• $275 per day for days 61-90 of a hospital stay.
• $550 per day for days 91-150 of a hospital stay (Lifetime Reserve Days).
• All costs for each day beyond 150 days

Skilled Nursing Facility Coinsurance

• $137.50 per day for days 21 through 100 each benefit period.

Part B: (covers Medicare eligible physician services, outpatient hospital services, certain home health services, durable medical equipment)

• $155.00 per year. (Note: You pay 20% of the Medicare-approved amount for services after you meet the $155.00 deductible.)

Additional information about the Medicare premiums, deductibles, and coinsurance rates for 2010 is available in the October 16, 2009 Fact Sheet titled, “CMS Announces Medicare Premiums, Deductibles for 2010” on the www.cms.gov website.

Related posts:

1. 2009 Medicare premiums and coinsurance rates The following is a listing of the Medicare premium, deductible, and coinsurance rates that will be in effect in 2009: Medicare Premiums for 2009: Part A: (Hospital Insurance) Premium Most people do not pay a monthly Part A premium because they or a spouse has 40 or more quarters of Medicare-covered employment. The Part A [...]...
2. Medicare Premium Amounts for 2010 Medicare Premium Amounts for 2010 ...
3. Medicare beneficiaries will not see a Part B monthly premium increase Most Medicare beneficiaries will not see a Part B monthly premium increase as a result of a “hold harmless” provision in the current law. This allows for 73 percent of beneficiaries to be protected from an increase raising the 2010 Part B monthly premiums from $96.40 to $110.50. ...
4. Medicare: Instructions on the Submission of OPPS ASP Data Instructions on the Submission of OPPS ASP Data for Nonpass-Through Separately Payable Therapeutic Radiopharmaceuticals and Radiopharmaceuticals with Pass-Through Status. ...
5. Medicare is a health insurance program – Is this True? Medicare is a health insurance program - Is this True?...
6. Economic Recovery Act Payment for 2010 Needed With consumer prices down over the past year, monthly Social Security and Supplemental Security Income benefits for more than 57 million Americans will not automatically increase in 2010. This will be the first year without an automatic Cost-of-Living Adjustment (COLA) since they went into effect in 1975....
7. Who is Eligible for Medicare Generally, you are eligible for Medicare if you or your spouse worked for at least 10 years in Medicare-covered employment and you are 65 years or older and a citizen or permanent resident of the United States. If you aren’t yet 65, you might also qualify for coverage if you have a disability or with [...]...
8. Medicare Prescription Drug Coverage Medicare prescription drug coverage is insurance that helps people pay for prescription drugs at participating pharmacies. It is available to everyone who has Medicare....
9. Can Someone Tell Me When the Medicare Enrollment Period Starts If you didn’t sign up for Medicare Part B when you first became eligible, you may be able to sign up during the General Enrollment Period. This period runs from January 1 through March 31 of each year....
10. ARIZONA MEDICARE: After convening the 2010 legislative session The Medicaid program, which covers all Arizonans who are at or below the federal poverty level, accounts for $1 billion of the deficit....
11. Ending overpayments to private insurance companies that cost all Medicare beneficiaries The federal government pays private insurance companies on average 14 percent more for providing coverage to Medicare Advantage beneficiaries than it would pay for the same beneficiary in the traditional Medicare program....
12. Medicare Blog, New Study Implicates Healthcare Utilization Rates, More than Biology, in Colorectal Cancer Disparities Higher rates of colorectal cancer incidence and mortality experienced by African-Americans may be driven largely by differences in health care utilization, and less by biology, according to a new study led by researchers from the National Cancer Institute (NCI), part of the National Institutes of Health....
13. Extra Help Paying for Medicare Prescription Drug Coverage (Part D) If you qualify, your drug costs in 2010 will be no more than $2.50 for each generic drug and $6.30 for each brand‑name drug. Look on the Extra Help letters you get, or contact your plan to find out your exact costs....
14. Understanding Medicare Part B Medical Insurance Coverage Most Medicare beneficiaries will continue to pay the same $96.40 Part B premium amount in 2010. Beneficiaries who currently have the Social Security Administration (SSA) withhold their Part B premium and have incomes of $85,000 or less (or $170,000 or less for joint filers) will not have an increase in their Part B premium for 2010....
15. Federal law in prohibiting insurers from adjusting premiums Federal law in prohibiting insurers from adjusting premiums ...