Medicare Part B Deductible

Medicare Part B Deductible

Medicare Part B Deductible

The Medicare Part B Deductible is the amount beneficiaries pay out-of-pocket for coverage under Medicare Part B (Medical). After the annual deductible is paid, Medicare covers 80% of the cost for qualifying care and services.

The Medicare Part B Deductible for 2017 is $183.

The Annual Medicare Part B Deductible

The Medicare Part B Deductible is an annual deductible. It is based on the calendar year, not the effective date of your policy.

Medicare Part B Deductible Cost History

Years

1966 – 1972

1973 – 1981

1982 – 1990

1991 – 2004

2005

2006

2007

2008

Amount

$50

$60

$75

$100

$110

$124

$131

$135

Year

2009

2010

2011

2012

2013

2014

2015

2016

Amount

$135

$155

$162

$140

$147

$147

$147

$166

Medicare Part B Deductible Future

The Part B Deductible increases or decreases proportionally to the Medicare Part B Premium. The projected increases for 2017 through 2024 is 5.4% annually. If Part B spending increases faster than expected, the Part B Deductible will too.

Medicare Part B Deductible Coverage

Currently, Medigap Plan C and Medigap Plan F are the only plans that cover the $166 Deductible. With the passing of the Medicare Access and CHIP Reauthorization Act of 2015, this will change in 2020. Under the new law, Medicare Supplement Plans cannot sell plans that offer first-dollar coverage by covering the Medicare Part B Deductible. As a consequence of the new legislation, Plans C and F will be phased out.