Medicare


Medicare Premium
Amounts for 2001

      

 

Medicare Premium Amounts for 2001

Part A (Hospital Insurance) Premium

bulletMost people do not pay a monthly Part A premium because they or a spouse has 40 or more quarters of Medicare covered employment.
bullet$300.00 per month (Note: This premium is paid only by individuals who are not otherwise eligible for premium-free hospital insurance and have less than 30 quarters of Medicare covered employment).
bulletThe Part A premium is $165.00 for those individuals having 30-39 quarters of Medicare covered employment.

 

Part B (Medical Insurance) Premium

bullet$50.00 per month.

 

Original Medicare Plan Deductible and Coinsurance Amounts for 2001

Part A: (Hospital Insurance)

Deductible

bullet$792.00 (Per Benefit Period)

Coinsurance

bullet$198.00 a day for the 61st - 90th day each benefit period.
bullet$396.00 a day for the 91st - 150th day for each lifetime reserve day (total of 60 lifetime reserve days - non-renewable).

Skilled Nursing Facility Coinsurance

bulletup to $99.00 a day for the 21st - 100th day each benefit period.

 

Part B: (Medical Insurance)

Deductible

bullet$100.00 per year.

 

See Medicare & You (Adobe PDF) (size:824 KB) for additional information about Original Medicare Plan coinsurance and copayment amounts.

 

 

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