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2016 Medicare Figures

This update provides new Medicare Figures for 2016. This is the second of a four-part series of updates for 2016. Click here to read part one.

Medicare Part A: Hospital Services
Inpatient hospital deductible $1,288/illness
Daily co-insurance


$0/day 1-60

$322/day 61-90

$644/day 91-150


Skilled Nursing Facility (SNF)

Daily co-insurance amount


$0/day 1 – 20

$161/day 21 – 100

Part A Premiums

for those not otherwise entitled to Part A

benefits who purchase Medicare coverage


Medicare Covered Employment –

Less than 30 quarters:   $411/month

30 to 39 quarters:         $226/month

(If you pay a late enrollment fee, the premium

could be higher.)


Medicare Part B: Physician Services
Deductible $166 per year
Co-insurance 20% of approved charge
Balance Billing 15% of approved charge


Medicare Part B Premiums:

You Pay


                     If Your Yearly Income Is

Single Married Couple
$121.80 $85,000 or less $170,000 or less
$170.50 $85,001-107,000 $170,001-214,000
$243.60 $107,001-160,000 $214,001-320,000
$316.70 $160,001-214,000 $320,001-428,000
$389.80 Above $214,000 Above $428,000


To download the PDF version of this chart, click here.

For more info on Medicare, visit

If you found this information helpful, check back over the next few weeks to view the 2016 updates for Medicaid and Veteran Benefits.

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