The Centers for Medicare Services announced on Thursday the changes that will go into effect for Medicare recipients for 2017. First the Part A deductible will be increasing by $28 from $1,288 to $1,316 and the Part B deductible will be increasing by $16 from $166 to $183. Those on Medicare Supplement Plans D and G will have to pay the additional $16 out of pocket before the supplement plan takes over. The Part A deductible is covered by most Medicare Supplement plans but rates for next year will likely increase to cover this additional cost.
If you are confused about how you are affected by these changes and want to review your supplement plan we highly suggest you contact us via the form below or give us a call. There is no cost for these reviews.
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