Quick Look: Medicare Part A and B Costs for 2018

2018 Medicare costs

Happy New Year! It’s 2018, and a few costs in Medicare Parts A and B have changed since 2017. Here’s a refresher on what’s new with Medicare premiums and more in 2018.

  • Part B premium – $134 or less per month
  • Part B annual deductible – $183 per year, after which you pay 20% of the Medicare-approved amount for most services
  • Part A premium – $0 for those who worked 40 quarters or more in jobs where they paid Social Security payroll taxes; $232 per month for those who worked 30-39 quarters in jobs where they paid Social Security payroll taxes; $422 per month for those who worked fewer than 30 quarters
  • Part A annual deductible – $1,340
  • Part A coinsurance for hospitalizations lasting 61- 90 days – $335 per day
  • Part A coinsurance for lifetime reserve hospitalization days linked to longer stays – $670 per day
  • Part A coinsurance for skilled nursing facility stays lasting 21 – 100 days – $167.50
  • For more information on these costs and on Parts C and D see 2018 Medicare Costs

The new Medicare Plus Card saves you up to 75% on things not covered by Medicare

Medicare doesn’t cover everything. Luckily, those on Medicare can now start saving on out of pocket expenses like prescription drugs, dental, vision, hearing, and more. Over 1 million people have already received their free Medicare Plus Card.

Related Links

Medicare Part A and B Premiums Announced for 2018

The Best Medicare Advantage Plans in 2018

Medicare Changes for 2018: What to Look Out For

Joan Biddle is a Content Developer at Medicare World. Her years of editing, research and writing allow her to create detailed, reliable articles that help people navigate complicated topics. She enjoys movies, reading, poetry and art.

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