The Center for Medicare and Medicaid Services (CMS) has announced the 2018 Medicare Premiums and Copay/Deductibles.
Medicare Part B Premium
There is no change in the Part B monthly premium amounts for 2018.
The Medicare Part B standard monthly premium will remain at $134.
The income-related Part B premiums, which vary depending on the extent to which an individual beneficiary’s income exceeds $85,000 (or a married couple’s income exceeds $170,000) will also remain the same for 2018.
|2018 Part B Premium|
|Below $85,000||Below $170,000||$134.00|
|Above $85,000 up to $107,000||Above $170,000 up to $214,000||$187.50|
|Above $107,000 up to $133,500*||Above $214,000 up to $267,000*||$267.90|
|Above $133,500 up to $160,000*||Above $267,000 up to $320,000*||$348.30|
|Above $160,000*||Above $320,000*||$428.60|
2018 Medicare Deductible and Coinsurance Updates
As always, our 2018 Medicare supplement benefits match the federal program’s deductible and coinsurance increases, a distinct advantage in today’s ever-changing environment.
|2018 Medicare Supplement Copay/Deductibles|
|Feature||2017 Benefits||2018 Benefits|
|Part A Inpatient Hospital Deductible||$1,316||$1,340|
• 61-90 days
• 91-150 days (lifetime reserve)
|Skilled Nursing Facility Care Coinsurance
• 21-100 days
|Part B Physician’s Services and Supplies Deductible||$183||$183|
We have begun the process of updating our marketing materials and will make them available December 13, 2017 for ordering. A reminder communication will be sent when these materials are available.
Current application books will remain available to order until that time. However, effective Thursday, December 7, 2017 you can no longer order the 2017 Medicare supplement point-of-sale-brochure. It will be available to view and download only on Sales Professional Access (SPA) www.mutualofomaha.com/broker, until December 13, 2017 when the 2018 brochure will be released.
If you have any questions, please contact Mutual of Omaha’s Sales Support at (800) 693-6083.