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Monthly Medicare Costs Hold Steady, Drop in 2014

The Centers for Medicare and Medicaid (CMS) announced pricing structures for 2014 this week.The premiums for Medicare Part B will remain the same in 2014 as they were in 2013, according to CMS. 

The centers said the standard Medicare Part B monthly premium will be $104.90 and the Medicare Part B deductible also will remain unchanged, at $147. 

CMS also announced that the Medicare Part A premium, which pays for inpatient hospital, skilled nursing facilities and some home health care services will decrease $15 in 2014 to $426.  

However, the Medicare Part A deductible beneficiaries pay when admitted to the hospital will increase $32 to $1,216 from this year’s deductible.

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